Two-way investment brief

Australia–Spain

At the end of 2025, investors from Spain held A$4.3 bn of direct investment in Australia, making it Australia’s 24th-largest source of foreign direct investment (0.3% of the total). That stock rose 1.2% over the year. Spain was Australia’s 27th-largest two-way trading partner in 2025 (goods and services, A$4.1 bn; 0.3% of Australia’s trade). Globally, Spain was the world’s 9th-largest source of FDI outflows in 2024 ($71.5 bn, World Bank).

Data (CSV)Spain global profile

Spain direct investment in Australia

A$4.3 bn

+1.2%vs 202424th largest

Total Spain investment in Australia

A$6.0 bn

34th largest · 0.1%

Australian direct investment in Spain

—

Total Australian investment in Spain

A$28.7 bn

Levels at 31 Dec 2025

Trend

Direct investment in both directions

Direct investment levels, Australia–Spain

Spain in Australia
Australia in Spain

Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).

Spain’s investment in Australia by type

Direct investment
Portfolio investment
Other investment

Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).

Annual direct investment flows

Net transactions during the year; negative = net disinvestment

Spain → Australia
Australia → Spain

Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).

Trade relationship

Australia–Spain trade

Investment and trade move together: the partners that invest most in Australia are usually major trading partners too. Goods trade is recorded monthly (latest: July 2026); services annually.

Two-way trade, 2025

A$4.1 bn

27th largest partner · 0.3%

Goods exports to Spain, 2025

A$778 m

12 months to July 2026: A$735 m

Goods imports from Spain, 2025

A$3.3 bn

12 months to July 2026: A$3.7 bn

Services trade, 2025

A$0 k

Exports — · imports —

Goods trade

Calendar years, A$ (ABS merchandise trade)

Exports to Spain
Imports from Spain

Source: ABS, International Merchandise Trade (MERCH_EXP / MERCH_IMP), summed to calendar years.

Services trade

Calendar years, A$ (ABS international trade in services by country)

Exports to Spain
Imports from Spain

Source: ABS, International Trade in Services by Country, calendar years.

Economic outlook

Spain’s economy

IMF World Economic Outlook	2024	2025	2026forecast	2027forecast	2028forecast
Real GDP growth	3.5%	2.8%	2.1%	1.8%	1.8%
Inflation	2.9%	2.7%	3.0%	2.3%	2.5%
Unemployment rate	11.3%	10.5%	9.8%	9.8%	9.9%
Current account, % GDP	3.2%	2.9%	2.2%	1.9%	1.7%
Fiscal balance, % GDP	−3.2%	−2.5%	−2.1%	−2.3%	−2.2%
Government gross debt, % GDP	101.6%	100.4%	98.2%	96.2%	94.2%

Source: IMF World Economic Outlook via the IMF DataMapper API. Years from 2026 are IMF projections; recent years may be estimates and are revised in each WEO round (April and October).

2025 at a glance

New FDI from Spain: A$53 m
New Australian FDI in Spain: A$173 m
Direct investment income paid to investors: —
Direct investment income earned by Australians: —

Spain globally (World Bank)

FDI outflows, 2024: $71.5 bn · 9th
FDI inflows, 2025: $28.1 bn
GDP, 2025: $1.91 tn
Region · income: Europe & Central Asia · High income

Regulatory openness (OECD FDIRRI)

OECD index data loading — see FDI openness

Sources: ABS, International Investment Position, Australia: Supplementary Statistics (cat. 5352.0), 2025 release, released 2026-05-06 — levels at 31 December and calendar-year flows and income, A$ millions, immediate counterparty basis (investment routed via third economies is attributed to the intermediate economy). World Bank WDI (US$). OECD FDI Regulatory Restrictiveness Index. np = not published for confidentiality; included in totalsPrepared independently by FDIstats from public statistics; not an Australian Government publication and not investment advice. For foreign investment rules, see the Treasury and FIRB.