According to the source, the external balance on goods and services in Spain in 2023 contributed to approximately 4.12 percent of the Gross Domestic Product (GDP), almost three percentage points higher than the previous year.
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Trade balance on goods and services as a share of gross domestic product (GDP) in Spain from 2002 to 2023
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World Bank. (June 28, 2024). Trade balance on goods and services as a share of gross domestic product (GDP) in Spain from 2002 to 2023 [Graph]. In Statista. Retrieved July 05, 2025, from https://www.statista.com/statistics/1212174/contribution-external-balance-on-goods-and-services-to-gdp-spain/
World Bank. "Trade balance on goods and services as a share of gross domestic product (GDP) in Spain from 2002 to 2023." Chart. June 28, 2024. Statista. Accessed July 05, 2025. https://www.statista.com/statistics/1212174/contribution-external-balance-on-goods-and-services-to-gdp-spain/
World Bank. (2024). Trade balance on goods and services as a share of gross domestic product (GDP) in Spain from 2002 to 2023. Statista. Statista Inc.. Accessed: July 05, 2025. https://www.statista.com/statistics/1212174/contribution-external-balance-on-goods-and-services-to-gdp-spain/
World Bank. "Trade Balance on Goods and Services as a Share of Gross Domestic Product (Gdp) in Spain from 2002 to 2023." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/1212174/contribution-external-balance-on-goods-and-services-to-gdp-spain/
World Bank, Trade balance on goods and services as a share of gross domestic product (GDP) in Spain from 2002 to 2023 Statista, https://www.statista.com/statistics/1212174/contribution-external-balance-on-goods-and-services-to-gdp-spain/ (last visited July 05, 2025)
Trade balance on goods and services as a share of gross domestic product (GDP) in Spain from 2002 to 2023 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/1212174/contribution-external-balance-on-goods-and-services-to-gdp-spain/
