Spain’s debt fell to 95.5 percent of its GDP in 2019 from 97.6 percent in 2018 and below the government’s forecast of 95.9 percent. It was the lowest debt-to-GDP ratio since 2013. source: Bank of Spain

Government Debt to GDP in Spain averaged 56.64 percent from 1980 until 2019, reaching an all time high of 100.40 percent in 2014 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 February of 2021.

Government Debt to GDP in Spain is expected to reach 115.00 percent by the end of 2020, 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 112.00 percent in 2021 and 107.00 percent in 2022, according to our econometric models.

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Spain Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
95.50 97.60 100.40 16.60 1980 - 2019 percent Yearly

Spain Government Last Previous Highest Lowest Unit
Government Debt to GDP 95.50 97.60 100.40 16.60 percent [+]
Government Budget -2.80 -2.50 2.10 -11.30 percent of GDP [+]
Government Budget Value -72322.00 -57736.00 12365.00 -99130.00 EUR Million [+]
Government Spending 64768.00 62226.00 64768.00 19902.00 EUR Million [+]
Government Spending to GDP 41.90 41.70 48.70 38.40 percent [+]
Government Debt 1308085199.00 1290656882.00 1308085199.00 136774640.00 EUR Thousand [+]
Military Expenditure 17039.00 16044.00 18833.00 2399.00 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.