Government Debt to GDP in Spain increased to 120 percent in 2020 from 95.50 percent in 2019. source: Bank of Spain

Government Debt to GDP in Spain averaged 58.23 percent from 1980 until 2020, reaching an all time high of 120 percent in 2020 and a record low of 16.60 percent in 1980. This page provides - Spain Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Government Debt to GDP - values, historical data and charts - was last updated on January of 2022.

Government Debt to GDP in Spain is expected to reach 119.60 percent of GDP by the end of 2021, 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 117.00 percent of GDP in 2022 and 115.00 percent of GDP in 2023, according to our econometric models.

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Spain Government Debt to GDP

Related Last Previous Unit Reference
Government Debt to GDP 120.00 95.50 percent of GDP Dec/20
Government Budget -11.00 -2.90 percent of GDP Dec/20
Government Debt 1432228250.00 1424692247.00 EUR Thousand Sep/21
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.