Government Budget in Spain decreased to -11 percent of GDP in 2020 from -2.90 percent of GDP in 2019. source: Bank of Spain
Government Budget in Spain averaged -4.05 percent of GDP from 1995 until 2020, reaching an all time high of 2.10 percent of GDP in 2006 and a record low of -11.30 percent of GDP in 2009. This page provides the latest reported value for - Spain Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Government Budget - values, historical data and charts - was last updated on June of 2021.
Government Budget in Spain is expected to reach -8.40 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Government Budget is projected to trend around -5.20 percent of GDP in 2022 and -2.80 percent of GDP in 2023, according to our econometric models.