Trade Openness / Spain
Spain Trade Openness
Spain trade openness data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 69.95%.
COUNTRY: Spain
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-06-12 04:00:58
GM ECONOMY RATING
Spain · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
B
55 / 100
Fragile stability
Fiscal stability
9.0 / 25
Macroeconomic stability
14.0 / 20
External stability
6.0 / 15
Financial robustness
4.0 / 15
Structural stability
14.0 / 15
Future capacity
8.0 / 10
Demographic capacity
2.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
Spain · trade openness data as percent of GDP.
Latest
69.95%
Previous
71.80%
Range avg.
67.25%
Rank
43
Countries by trade openness
full rankingGM ECONOMY
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Countries, indicators and comparisons
CountrySpain
IndicatorTrade Openness
69.95%2024 · Rank 43
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Spain recorded 69.95% for Trade Openness in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator decreased by 1.85 percentage points, from 71.80% to 69.95%.
The latest observation is above the average of the last 10 available observations (67.25%).
Across the five latest available observations (2020–2024), the pattern is higher overall, but uneven.
Within the last 10 available observations, the low was 59.45% in 2020 and the high was 78.47% in 2022.