Spain recorded a Government Debt to GDP of 111.60 percent of the country's Gross Domestic Product in 2022. Government Debt to GDP in Spain averaged 61.52 percent of GDP from 1980 until 2022, 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 109.50 percent of GDP by the end of 2023, 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 108.50 percent of GDP in 2024, according to our econometric models.