Oil production, annual growth rate in Spain

Spain: Oil production, annual growth rate was -10.69 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-10.69 % change on previous year
Change on year
up 59.9%
World rank
90th
of 103 countries
All-time high
700 % change on previous year
in 1952
All-time low
-100 % change on previous year
in 1980
Years of data
70
1951–2024

Oil production, annual growth rate in Spain, 1951–2024

-2000200400600800195119872024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for oil production, annual growth rate in Spain is -10.69 % change on previous year, measured in 2024.

The figure is up 59.9% on the previous year and up 27.9% over ten years.

Over the whole period, oil production, annual growth rate in Spain peaked at 700 % change on previous year in 1952 and was at its lowest, -100 % change on previous year, in 1980.

That places Spain 90th out of 103 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Oil production, annual growth rate in Spain, year by year

Annual values for Oil production, annual growth rate in Spain, 1951 to 2024.
Year % change on previous year Change
1951 0 % change on previous year
1952 700 % change on previous year
1953 87.5 % change on previous year -87.5%
1954 46.67 % change on previous year -46.7%
1955 59.09 % change on previous year +26.6%
1956 68.57 % change on previous year +16.0%
1957 22.03 % change on previous year -67.9%
1958 0 % change on previous year -100.0%
1959 -13.89 % change on previous year
1960 3.23 % change on previous year -123.2%
1961 1.56 % change on previous year -51.6%
1962 0 % change on previous year -100.0%
1963 0 % change on previous year
1964 0 % change on previous year
1965 7.69 % change on previous year
1966 7.14 % change on previous year -7.1%
1967 12 % change on previous year +68.0%
1968 51.19 % change on previous year +326.6%
1969 49.61 % change on previous year -3.1%
1970 -20.53 % change on previous year -141.4%
1971 -18.54 % change on previous year -9.7%
1972 12.2 % change on previous year -165.8%
1973 453.62 % change on previous year +3619.7%
1974 158.64 % change on previous year -65.0%
1975 2.63 % change on previous year -98.3%
1976 -12.62 % change on previous year -579.7%
1977 -52.37 % change on previous year +314.9%
1978 16.11 % change on previous year -130.8%
1979 18.16 % change on previous year +12.7%
1980 -100 % change on previous year -650.6%
1985 -6.63 % change on previous year -93.4%
1986 -1.25 % change on previous year -81.2%
1987 -11.54 % change on previous year +824.6%
1988 -6.05 % change on previous year -47.6%
1989 -21.58 % change on previous year +256.9%
1990 -13.47 % change on previous year -37.6%
1991 23.21 % change on previous year -272.2%
1992 -1.36 % change on previous year -105.9%
1993 -22.66 % change on previous year +1559.8%
1994 -14.49 % change on previous year -36.0%
1995 -17.02 % change on previous year +17.5%
1996 -37.14 % change on previous year +118.3%
1997 -26.96 % change on previous year -27.4%
1998 41.8 % change on previous year -255.1%
1999 -43.64 % change on previous year -204.4%
2000 -21.97 % change on previous year -49.6%
2001 48.13 % change on previous year -319.0%
2002 -7.51 % change on previous year -115.6%
2003 2.39 % change on previous year -131.9%
2004 -20.83 % change on previous year -969.6%
2005 -34.84 % change on previous year +67.3%
2006 -16.18 % change on previous year -53.6%
2007 2.03 % change on previous year -112.5%
2008 -7.66 % change on previous year -478.3%
2009 -12.6 % change on previous year +64.5%
2010 10.08 % change on previous year -180.0%
2011 -15.76 % change on previous year -256.3%
2012 38.94 % change on previous year -347.0%
2013 143.68 % change on previous year +269.0%
2014 -14.82 % change on previous year -110.3%
2015 -25.56 % change on previous year +72.4%
2016 -42.52 % change on previous year +66.4%
2017 -10.15 % change on previous year -76.1%
2018 -25.09 % change on previous year +147.2%
2019 -54.71 % change on previous year +118.1%
2020 -32.49 % change on previous year -40.6%
2021 -78.48 % change on previous year +141.6%
2022 -84.21 % change on previous year +7.3%
2023 -26.66 % change on previous year -68.3%
2024 -10.69 % change on previous year -59.9%

Spain compared with similar countries

  • Spain's -10.69 % change on previous year is below the median for high income countries, which is 0.2739 % change on previous year. (38 countries reporting)
  • Spain's -10.69 % change on previous year is below the median for Europe & Central Asia, which is -4.74 % change on previous year, 2.3× the median. (33 countries reporting)

Biggest year-on-year movements

Years where Oil production, annual growth rate in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1973 +3619.7% 12.2 % change on previous year 453.62 % change on previous year
1993 -1559.8% -1.36 % change on previous year -22.66 % change on previous year
2004 -969.6% 2.39 % change on previous year -20.83 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1950s 107.77 % change on previous year -13.89 % change on previous year 700 % change on previous year 9
1960s 13.24 % change on previous year 0 % change on previous year 51.19 % change on previous year 10
1970s 55.73 % change on previous year -52.37 % change on previous year 453.62 % change on previous year 10
1980s -24.51 % change on previous year -100 % change on previous year -1.25 % change on previous year 6
1990s -11.17 % change on previous year -43.64 % change on previous year 41.8 % change on previous year 10
2000s -6.91 % change on previous year -34.84 % change on previous year 48.13 % change on previous year 10
2010s 0.4088 % change on previous year -54.71 % change on previous year 143.68 % change on previous year 10
2020s -46.51 % change on previous year -84.21 % change on previous year -10.69 % change on previous year 5

Countries ranked near Spain

  1. 87 Australia -8.92 % change on previous year compare
  2. 88 Democratic Republic of Congo -10.28 % change on previous year compare
  3. 89 Germany -10.44 % change on previous year compare
  4. 91 Tunisia -10.81 % change on previous year compare
  5. 92 Italy -13.03 % change on previous year compare
  6. 93 Slovakia -13.29 % change on previous year compare

See the full ranking of 106 places →

More energy & mining data for Spain

All data for Spain →

Frequently asked questions

What is oil production, annual growth rate in Spain?
Oil production, annual growth rate in Spain was -10.69 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oil production, annual growth rate recorded in Spain?
The highest recorded value was 700 % change on previous year in 1952.
What is the lowest oil production, annual growth rate recorded in Spain?
The lowest recorded value was -100 % change on previous year in 1980.
How does Spain rank for oil production, annual growth rate?
Spain ranks 90th out of 103 countries with data for 2024.
Is oil production, annual growth rate rising or falling in Spain?
Over the last ten years it is up 27.9%. The long-run trend across the full record is volatile.
Where does this Spain data come from?
The figures come from Statizoid (derived), published as part of Oil production, annual growth rate. Statizoid updates them automatically from the source API.

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Oil production, annual growth rate in Spain. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://energy.statizoid.com/stat/oil-production-annual-growth-rate/spain/

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How this figure is calculated

The year-on-year percentage change in Oil production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Oil production, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
106 places, 6,844 data points, 1901–2025
Last refreshed

The year-on-year percentage change in Oil production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.