Wealth share of the richest 1% in Spain

Spain: Wealth share of the richest 1% was 24.1% in 2024. ▼ Falling

Latest (2024)
24.1%
Change on year
up 1.4%
World rank
165th
of 215 countries
All-time high
47.5%
in 1900
All-time low
18.9%
in 1993
Years of data
56
1820–2024

Wealth share of the richest 1% in Spain, 1820–2024

01020304050182019222024

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for wealth share of the richest 1% in Spain is 24.1%, measured in 2024.

Compared with earlier readings it is up 1.4% on the previous year and down 0.9% over ten years.

Over the whole period, wealth share of the richest 1% in Spain peaked at 47.5% in 1900 and was at its lowest, 18.9%, in 1993.

Spain ranks 165th of 215 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 56 years of available data.

Wealth share of the richest 1% in Spain, year by year

Annual values for Wealth share of the richest 1% in Spain, 1820 to 2024.
Year % Change
1820 41.0%
1850 43.1% +5.1%
1880 43.8% +1.5%
1900 47.5% +8.5%
1910 46.4% -2.4%
1920 34.7% -25.1%
1930 25.9% -25.3%
1940 25.9% -0.0%
1950 24.9% -3.8%
1960 24.6% -1.5%
1970 24.4% -0.4%
1980 24.5% +0.3%
1981 24.5% -0.2%
1982 24.5% +0.1%
1983 24.5% -0.0%
1984 24.5% +0.1%
1985 24.2% -1.3%
1986 21.4% -11.5%
1987 20.9% -2.3%
1988 21.2% +1.3%
1989 20.9% -1.5%
1990 20.4% -2.4%
1991 21.6% +5.8%
1992 20.6% -4.6%
1993 18.9% -8.2%
1994 19.9% +5.5%
1995 20.3% +1.9%
1996 22.4% +10.4%
1997 23.9% +6.5%
1998 25.8% +8.0%
1999 25.4% -1.5%
2000 24.6% -3.3%
2001 22.3% -9.3%
2002 22.3% -0.1%
2003 22.5% +1.1%
2004 21.3% -5.6%
2005 21.2% -0.0%
2006 21.8% +2.8%
2007 23.7% +8.4%
2008 21.2% -10.3%
2009 21.8% +2.9%
2010 22.0% +0.7%
2011 22.4% +1.8%
2012 22.8% +1.7%
2013 22.7% -0.3%
2014 24.4% +7.4%
2015 24.3% -0.3%
2016 24.1% -0.6%
2017 24.2% +0.1%
2018 24.2% -0.1%
2019 23.9% -1.3%
2020 23.6% -1.3%
2021 23.9% +1.6%
2022 23.7% -1.1%
2023 23.8% +0.6%
2024 24.1% +1.4%

Spain compared with similar countries

  • Spain's 24.1% is below the median for high income countries, which is 27.5%, 88% of the median. (79 countries reporting)
  • Spain's 24.1% is above the median for Europe & Central Asia, which is 24.1%, 1.0× the median. (55 countries reporting)

Biggest year-on-year movements

Years where Wealth share of the richest 1% 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
1930 -25.3% 34.7% 25.9%
1920 -25.1% 46.4% 34.7%

Averages by decade

DecadeAverage LowestHighest Years
1820s 41.0% 41.0% 41.0% 1
1850s 43.1% 43.1% 43.1% 1
1880s 43.8% 43.8% 43.8% 1
1900s 47.5% 47.5% 47.5% 1
1910s 46.4% 46.4% 46.4% 1
1920s 34.7% 34.7% 34.7% 1
1930s 25.9% 25.9% 25.9% 1
1940s 25.9% 25.9% 25.9% 1
1950s 24.9% 24.9% 24.9% 1
1960s 24.6% 24.6% 24.6% 1
1970s 24.4% 24.4% 24.4% 1
1980s 23.1% 20.9% 24.5% 10
1990s 21.9% 18.9% 25.8% 10
2000s 22.3% 21.2% 24.6% 10
2010s 23.5% 22.0% 24.4% 10
2020s 23.8% 23.6% 24.1% 5

Countries ranked near Spain

  1. 162 Greece 24.3% compare
  2. 163 Liberia 24.3% compare
  3. 164 Romania 24.2% compare
  4. 166 Kyrgyzstan 24.1% compare
  5. 167 Mongolia 24.1% compare
  6. 168 Myanmar 24.1% compare

See the full ranking of 215 places →

More reference data data for Spain

All data for Spain →

Frequently asked questions

What is wealth share of the richest 1% in Spain?
Wealth share of the richest 1% in Spain was 24.1% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Spain?
The highest recorded value was 47.5% in 1900.
What is the lowest wealth share of the richest 1% recorded in Spain?
The lowest recorded value was 18.9% in 1993.
How does Spain rank for wealth share of the richest 1%?
Spain ranks 165th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Spain?
Over the last ten years it is down 0.9%. The long-run trend across the full record is falling.
Where does this Spain data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

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Wealth share of the richest 1% in Spain. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/spain/

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.