Spain recorded a Government Debt to GDP of 100.80 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Spain averaged 63.98 percent of GDP from 1980 until 2025, reaching an all time high of 119.30 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 99.10 percent of GDP by the end of 2026, 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 98.30 percent of GDP in 2027 and 97.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 10860.00 9655.00 persons Jan 2026
Credit Rating 72.00 Apr 2026
Government Budget -2.50 -3.20 percent of GDP Dec 2025
Government Budget Value 71020.00 -31563.00 EUR Million Feb 2026
Government Debt 1698224580.00 1709348857.00 EUR Thousand Dec 2025
Government Debt to GDP 100.80 101.80 percent of GDP Dec 2025
Government Spending 84039.00 80453.00 EUR Million Dec 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 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
100.80 101.80 119.30 16.60 1980 - 2025 percent of GDP Yearly