Palma ratio in Spain

Spain: Palma ratio was 1.28 in 2023. ▬ Flat

Latest (2023)
1.28
Change on year
down 1.1%
World rank
73rd
of 120 countries
All-time high
1.51
in 1996
All-time low
1.19
in 2003
Years of data
32
1980–2023

Palma ratio in Spain, 1980–2023

00.511.51980200120231980: 1.41985: 1.41990: 1.21993: 1.51994: 1.41995: 1.51996: 1.51997: 1.41998: 1.41999: 1.32000: 1.32003: 1.22004: 1.32005: 1.22006: 1.32007: 1.32008: 1.42009: 1.42010: 1.42011: 1.52012: 1.42013: 1.52014: 1.52015: 1.52016: 1.52017: 1.42018: 1.42019: 1.32020: 1.42021: 1.32022: 1.32023: 1.3

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

In 2023, palma ratio in Spain stood at 1.28.

The figure is down 1.1% on the previous year and down 14.2% over ten years.

Over the whole period, palma ratio in Spain peaked at 1.51 in 1996 and was at its lowest, 1.19, in 2003.

Spain ranks 73rd of 120 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.38 1.38 1.38 2
1990s 1.4 1.22 1.51 8
2000s 1.31 1.19 1.4 8
2010s 1.43 1.34 1.5 10
2020s 1.32 1.28 1.38 4

Countries ranked near Spain

  1. 70 Greece 1.31 compare
  2. 72 Thailand 1.31 compare
  3. 74 South Korea 1.27 compare
  4. 75 North Macedonia 1.26 compare
  5. 76 Serbia 1.26 compare

See the full ranking of 120 places →

More reference data data for Spain

All data for Spain →

Frequently asked questions

What is palma ratio in Spain?
Palma ratio in Spain was 1.28 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Spain?
The highest recorded value was 1.51 in 1996.
What is the lowest palma ratio recorded in Spain?
The lowest recorded value was 1.19 in 2003.
How does Spain rank for palma ratio?
Spain ranks 73rd out of 120 countries with data for 2023.
Is palma ratio rising or falling in Spain?
Over the last ten years it is down 14.2%. The long-run trend across the full record is flat.
Where does this Spain data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.