Value of mortgages constituted in Spain 2003-2022, by property type
The value of mortgages constituted in Spain has fluctuated notably since 2003 and in 2022, it amounted to 96.35 billion euros. Mortgages secured on dwellings accounted for the largest share of mortgage lending, whereas agricultural land and urban land plots comprised the smallest shares. The number of mortgage loans has increased year-on-year since 2013, except for 2020 when it declined slightly due to the coronavirus pandemic.