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.



Related Last Unit Reference
Asylum Applications 13600.00 persons Feb 2024
Credit Rating 71.00 Apr 2024
Government Budget -3.70 percent of GDP Dec 2023
Government Budget Value -9466.00 EUR Million Feb 2024
Government Debt 1573753506.00 EUR Thousand Dec 2023
Government Debt to GDP 111.60 percent of GDP Dec 2022
Government Spending 74584.00 EUR Million Dec 2023
Government Spending to GDP 47.40 percent of GDP Dec 2022
Holidays
Military Expenditure 20306.60 USD Million Dec 2022

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
111.60 116.80 120.30 16.60 1980 - 2022 percent of GDP Yearly