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Spain — Inflation

Inflation, Consumer Prices (Annual %) for Spain, 1960–2025.

Latest value · 2025
2.70%
Inflation, Consumer Prices (Annual %) · annual % · +129.2% since 1960

Inflation for Spain was 2.70% 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 -5.4× the low point). Across that span the compound annual growth rate works out to 1.28% per year.

Spain ranks 101 of 187 economies on this measure (1 = highest), putting it in the top 54%. The median for Europe & Central Asia is 3.79%, so Spain sits below it. It peaked in 1977 and has fallen 89% since. Over the last decade (2015–2025) the figure moved up 640%.

Key figures

Latest (2025)
2.70%
First (1960)
1.18%
Change
+129.2%
Highest
24.54%
in 1977
Lowest
-0.50%
in 2015
Average
6.17%
Annual growth (CAGR)
1.28%
Years of data
66

Recent years

Yearannual %
20252.7%
20242.75%
20233.53%
20228.39%
20213.09%
2020-0.32%
20190.7%
20181.67%
20171.96%
2016-0.2%
2015-0.5%
2014-0.15%
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator 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.