Sahm rule recession indicator — Recession signal in Spain
Spain: Sahm rule recession indicator — Recession signal was 0 Unspecified in 2026. ◆ Volatile
Sahm rule recession indicator — Recession signal in Spain, 1987–2026
Source: Organisation for Economic Co-operation and Development. Measured in Unspecified.
Analysis
In 2026, sahm rule recession indicator — recession signal in Spain stood at 0 Unspecified. That is the lowest value across all 40 years on record.
The figure is down 100.0% over five years.
Over the whole period, sahm rule recession indicator — recession signal in Spain peaked at 1 Unspecified in 1992 and was at its lowest, 0 Unspecified, in 1987.
Spain ranks 9th of 30 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Sahm rule recession indicator — Recession signal in Spain, year by year
| Year | Unspecified | Change |
|---|---|---|
| 1987 | 0 Unspecified | — |
| 1988 | 0 Unspecified | — |
| 1989 | 0 Unspecified | — |
| 1990 | 0 Unspecified | — |
| 1991 | 0 Unspecified | — |
| 1992 | 1 Unspecified | — |
| 1993 | 1 Unspecified | +0.0% |
| 1994 | 1 Unspecified | +0.0% |
| 1995 | 0 Unspecified | -100.0% |
| 1996 | 0 Unspecified | — |
| 1997 | 0 Unspecified | — |
| 1998 | 0 Unspecified | — |
| 1999 | 0 Unspecified | — |
| 2000 | 0 Unspecified | — |
| 2001 | 0 Unspecified | — |
| 2002 | 1 Unspecified | — |
| 2003 | 0 Unspecified | -100.0% |
| 2004 | 0 Unspecified | — |
| 2005 | 0 Unspecified | — |
| 2006 | 0 Unspecified | — |
| 2007 | 0 Unspecified | — |
| 2008 | 1 Unspecified | — |
| 2009 | 1 Unspecified | +0.0% |
| 2010 | 1 Unspecified | +0.0% |
| 2011 | 1 Unspecified | +0.0% |
| 2012 | 1 Unspecified | +0.0% |
| 2013 | 1 Unspecified | +0.0% |
| 2014 | 0 Unspecified | -100.0% |
| 2015 | 0 Unspecified | — |
| 2016 | 0 Unspecified | — |
| 2017 | 0 Unspecified | — |
| 2018 | 0 Unspecified | — |
| 2019 | 0 Unspecified | — |
| 2020 | 1 Unspecified | — |
| 2021 | 1 Unspecified | +0.0% |
| 2022 | 0 Unspecified | -100.0% |
| 2023 | 0 Unspecified | — |
| 2024 | 0 Unspecified | — |
| 2025 | 0 Unspecified | — |
| 2026 | 0 Unspecified | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 Unspecified | 0 Unspecified | 0 Unspecified | 3 |
| 1990s | 0.3 Unspecified | 0 Unspecified | 1 Unspecified | 10 |
| 2000s | 0.3 Unspecified | 0 Unspecified | 1 Unspecified | 10 |
| 2010s | 0.4 Unspecified | 0 Unspecified | 1 Unspecified | 10 |
| 2020s | 0.2857 Unspecified | 0 Unspecified | 1 Unspecified | 7 |
Countries ranked near Spain
- 9 Canada 0 Unspecified compare
- 9 United States 0 Unspecified compare
- 9 Australia 0 Unspecified compare
- 9 France 0 Unspecified compare
- 9 Denmark 0 Unspecified compare
- 9 Italy 0 Unspecified compare
- 9 Sweden 0 Unspecified compare
- 9 Finland 0 Unspecified compare
- 9 Belgium 0 Unspecified compare
- 9 Germany 0 Unspecified compare
- 9 Portugal 0 Unspecified compare
- 9 Hungary 0 Unspecified compare
- 9 Austria 0 Unspecified compare
- 9 Greece 0 Unspecified compare
- 9 Estonia 0 Unspecified compare
- 9 Lithuania 0 Unspecified compare
- 9 Poland 0 Unspecified compare
- 9 Latvia 0 Unspecified compare
- 9 Mexico 0 Unspecified compare
- 9 Iceland 0 Unspecified compare
- 9 Türkiye 0 Unspecified compare
More reference data data for Spain
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.18 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.85 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 11.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.898 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 11.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 10.67 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.03 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 11.06 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 52.4 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 4.89 (2050)
Frequently asked questions
- What is sahm rule recession indicator — recession signal in Spain?
- Sahm rule recession indicator — recession signal in Spain was 0 Unspecified in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest sahm rule recession indicator — recession signal recorded in Spain?
- The highest recorded value was 1 Unspecified in 1992.
- What is the lowest sahm rule recession indicator — recession signal recorded in Spain?
- The lowest recorded value was 0 Unspecified in 1987.
- How does Spain rank for sahm rule recession indicator — recession signal?
- Spain ranks 9th out of 30 countries with data for 2026.
- Where does this Spain data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Sahm rule recession indicator — Recession signal. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The Sahm rule is a simple recession indicator based on increases in the unemployment rate. Originally developed for the United States, it is triggered when the three-month average unemployment rate rises by at least 0.5 percentage points above its lowest level in the previous year. To assess its usefulness beyond the United States, the OECD has calculated the Sahm indicator for OECD countries using monthly unemployment rates from the OECD Labour Force Surveys and replaced the fixed U.S. threshold with country-specific thresholds. Under this approach, the indicator is triggered when the three-month average unemployment rate rises above its country-specific threshold relative to its lowest level in the previous year. For more information please refer to Can we predict recessions using only unemployment data? Applying the Sahm rule to OECD countries.