Spain recorded a Government Debt to GDP of 107.70 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Spain averaged 62.57 percent of GDP from 1980 until 2023, reaching an all time high of 120.30 percent of GDP in 2020 and a record low of 16.60 percent of GDP in 1980. source: Bank of Spain

Government Debt to GDP in Spain is expected to reach 102.50 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Government Debt to GDP is projected to trend around 101.00 percent of GDP in 2025 and 99.00 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Asylum Applications 15780.00 12510.00 persons Oct 2024
Credit Rating 71.00 Nov 2024
Government Budget -3.60 -4.80 percent of GDP Dec 2023
Government Budget Value -38807.00 -42010.00 EUR Million Aug 2024
Government Debt 1626064962.00 1614710006.00 EUR Thousand Jun 2024
Government Debt to GDP 107.70 111.60 percent of GDP Dec 2023
Government Spending 75520.00 74824.00 EUR Million Jun 2024
Government Spending to GDP 45.40 46.40 percent of GDP Dec 2023
Holidays
Military Expenditure 23699.10 20306.60 USD Million Dec 2023

Spain Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
107.70 111.60 120.30 16.60 1980 - 2023 percent of GDP Yearly