Spain recorded a government budget deficit of 12378 EUR Million in November of 2018. Government Budget Value in Spain averaged -19022.13 EUR Million from 2003 until 2018, reaching an all time high of 12365 EUR Million in December of 2007 and a record low of -99130 EUR Million in December of 2009.
Government Budget Value in Spain is expected to be -28200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Spain to stand at -16400.00 in 12 months time. In the long-term, the Spain Government Budget Value is projected to trend around -26400.00 EUR Million in 2020, according to our econometric models.