Spain — Inflation
Inflation, Consumer Prices (Annual %) for Spain, 1960–2025.
Inflation for Spain was 2.67% in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The highest recorded value was 24.54% in 1977. The lowest was -0.50% in 2015 (about -5.3× the low point). Across that span the compound annual growth rate works out to 1.27% per year.
Spain ranks 102 of 187 economies on this measure (1 = highest), putting it in the top 55%. The median for Europe & Central Asia is 3.75%, so Spain sits below it. It peaked in 1977 and has fallen 89% since. Over the last decade (2015–2025) the figure moved up 634%. Within Europe & Central Asia it ranks 32 of 49 economies; Greece (2.48%) is just below it. Its sharpest one-year move was up 1065% in 2017. That is 24% above this series' own ten-year average.
Data highlights
From its 1960 level: doubled by 1962; grown tenfold by 1965. Doubling roughly every 55 years at that pace.
World ranking. Slipped: 44th of 63 in 1960 → 32nd of 92 in 1970 → 47th of 106 in 1980 → 77th of 131 in 1990 → 82nd of 163 in 2000 → 133rd of 186 in 2010 → 153rd of 178 in 2020 → 89th of 169 in 2025.
Key figures
Full history — 1960 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 2.67% | -0.1 pp |
| 2024 | 2.77% | -0.8 pp |
| 2023 | 3.53% | -4.9 pp |
| 2022 | 8.39% | +5.3 pp |
| 2021 | 3.09% | +3.4 pp |
| 2020 | -0.32% | -1.0 pp |
| 2019 | 0.7% | -1.0 pp |
| 2018 | 1.68% | -0.3 pp |
| 2017 | 1.96% | +2.2 pp |
| 2016 | -0.2% | +0.3 pp |
| 2015 | -0.5% | -0.3 pp |
| 2014 | -0.15% | -1.6 pp |
| 2013 | 1.41% | -1.0 pp |
| 2012 | 2.45% | -0.8 pp |
| 2011 | 3.2% | +1.4 pp |
| 2010 | 1.8% | +2.1 pp |
| 2009 | -0.29% | -4.4 pp |
| 2008 | 4.08% | +1.3 pp |
| 2007 | 2.79% | -0.7 pp |
| 2006 | 3.52% | +0.1 pp |
| 2005 | 3.37% | +0.3 pp |
| 2004 | 3.04% | +0.0 pp |
| 2003 | 3.04% | -0.0 pp |
| 2002 | 3.07% | -0.5 pp |
| 2001 | 3.59% | +0.2 pp |
| 2000 | 3.43% | +1.1 pp |
| 1999 | 2.31% | +0.5 pp |
| 1998 | 1.83% | -0.1 pp |
| 1997 | 1.97% | -1.6 pp |
| 1996 | 3.56% | -1.1 pp |
| 1995 | 4.67% | -0.0 pp |
| 1994 | 4.72% | +0.1 pp |
| 1993 | 4.57% | -1.4 pp |
| 1992 | 5.92% | -0.0 pp |
| 1991 | 5.93% | -0.8 pp |
| 1990 | 6.72% | -0.1 pp |
| 1989 | 6.79% | +2.0 pp |
| 1988 | 4.84% | -0.4 pp |
| 1987 | 5.25% | -3.5 pp |
| 1986 | 8.79% | -0.0 pp |
| 1985 | 8.81% | -2.5 pp |
| 1984 | 11.28% | -0.9 pp |
| 1983 | 12.17% | -2.2 pp |
| 1982 | 14.41% | -0.1 pp |
| 1981 | 14.55% | -1.0 pp |
| 1980 | 15.56% | -0.1 pp |
| 1979 | 15.66% | -4.1 pp |
| 1978 | 19.77% | -4.8 pp |
| 1977 | 24.54% | +6.9 pp |
| 1976 | 17.62% | +0.7 pp |
| 1975 | 16.95% | +1.3 pp |
| 1974 | 15.68% | +4.3 pp |
| 1973 | 11.42% | +3.1 pp |
| 1972 | 8.27% | +0.0 pp |
| 1971 | 8.24% | +2.5 pp |
| 1970 | 5.73% | +3.6 pp |
| 1969 | 2.16% | -2.8 pp |
| 1968 | 4.95% | -1.4 pp |
| 1967 | 6.39% | +0.2 pp |
| 1966 | 6.24% | -7.0 pp |
| 1965 | 13.21% | +6.2 pp |
| 1964 | 6.98% | -1.8 pp |
| 1963 | 8.74% | +3.0 pp |
| 1962 | 5.71% | +4.9 pp |
| 1961 | 0.81% | -0.4 pp |
| 1960 | 1.18% | — |
Frequently asked questions
What was Spain’s Inflation in 1961?
0.81% (1961). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Spain’s Inflation growing or shrinking?
Between 1960 and 2025 the series was growing overall: +127.0% in total — about 1.3% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 2.67%; 2024: 2.77%; 2023: 3.53%; 2022: 8.39%; 2021: 3.09%. Earlier years are in the full-history table below.
Related data
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.