Spain

SpainGDP deflator

ES desk: Spain first; euro area, Germany, France, Italy, Portugal, United Kingdom and United States alongside.

2.91%

+0.02 pp

As of 2025 | annual %

Mean
6.30%
Median
4.93%
Min
-0.22% 2014
Max
23.38% 1977
YearValue
20252.91%
20242.89%
20236.25%
20224.69%
20212.56%
20201.13%
20191.43%
20181.19%
20171.26%
20160.37%
20150.55%
2014-0.22%
20130.44%
2012-0.20%
2011-0.15%
20100.29%
20090.23%
20082.45%
20073.56%
20064.07%
20054.21%
20043.91%
20034.00%
20024.09%
#CountryGDP deflatorChangeYear
87Portugal3.92%−0.94 pp2025
90United Kingdom3.69%−0.24 pp2025114Euro area3.15%−0.24 pp2025120Germany3.01%−0.10 pp2025124Spain2.91%+0.02 pp2025129United States2.80%+0.32 pp2025155Italy1.99%+0.03 pp2025173France1.18%−0.91 pp2025

What the GDP deflator is

The GDP deflator (NY.GDP.DEFL.KD.ZG) is the annual percentage change in the price of all goods and services produced in the economy — a broad inflation measure tied to GDP, not a consumer basket. Latest: 2.91% in 2025.

It can diverge from a consumer price index when export or investment prices move differently from household prices. From 1961 to 2025 (65 years): mean 6.30%, median 4.93%; low -0.22% (2014), high 23.38% (1977).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).