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 April of 2021.

Government Debt to GDP in Spain is expected to reach 121.00 percent 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 118.00 percent in 2022 and 115.00 percent in 2023, according to our econometric models.

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Spain Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
120.00 95.50 120.00 16.60 1980 - 2020 percent Yearly

Spain Government Last Previous Highest Lowest Unit
Government Debt to GDP 120.00 95.50 120.00 16.60 percent [+]
Government Budget -11.00 -2.90 2.10 -11.30 percent of GDP [+]
Government Budget Value -16247.00 -6697.00 12365.00 -99130.00 EUR Million [+]
Government Spending 63239.00 62192.00 63239.00 19902.00 EUR Million [+]
Government Spending to GDP 41.90 41.70 48.70 38.40 percent [+]
Government Debt 1345569813.00 1308085199.00 1345569813.00 136774640.00 EUR Thousand [+]
Military Expenditure 17986.00 17823.00 20144.00 2566.00 USD Million [+]
Credit Rating 71.00 [+]
Asylum Applications 7590.00 10305.00 14395.00 55.00 persons [+]

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.