Spain recorded a government budget deficit of 9787 EUR Million in November of 2025. Government Budget Value in Spain averaged -19401.00 EUR Million from 2003 until 2025, reaching an all time high of 16506.00 EUR Million in October of 2025 and a record low of -101629.00 EUR Million in December of 2009. source: Ministerio de Hacienda Y Administraciones Publicas

Related	Last	Previous	Unit	Reference
Asylum Applications	11875.00	12885.00	persons	Nov 2025
Credit Rating	72.00			Jan 2026
Government Budget	-3.20	-3.50	percent of GDP	Dec 2024
Government Budget Value	-9787.00	16506.00	EUR Million	Nov 2025
Government Debt	1709330098.00	1690921768.00	EUR Thousand	Sep 2025
Government Debt to GDP	101.80	105.10	percent of GDP	Dec 2024
Government Spending	80237.00	78936.00	EUR Million	Sep 2025
Government Spending to GDP	45.50	45.40	percent of GDP	Dec 2024
Holidays
Military Expenditure	24615.40	23821.20	USD Million	Dec 2024

Spain Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.