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MacroSpain

Government debt in Spain

How indebted is the state my taxes would go to?

Spain's government debt is 100.50 % — #111 of 125 countries on the atlas (lower is better). Period 2025.

100.50%

Checked 24 Oct 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 1.0 years' worth of the country's entire economic output.

Government debt in Spain over time

119.20 %67.65 %16.10 %119.20 % · 202016.10 % · 19801980: 16.10 %1981: 19.40 %1982: 24.40 %1983: 29.50 %1984: 36.00 %1985: 40.90 %1986: 42.10 %1987: 41.90 %1988: 38.50 %1989: 39.90 %1990: 41.30 %1991: 41.90 %1992: 44.10 %1993: 54.60 %1994: 57.00 %1995: 61.60 %1996: 65.40 %1997: 64.30 %1998: 62.40 %1999: 60.90 %2000: 57.80 %2001: 54.10 %2002: 51.20 %2003: 47.70 %2004: 45.30 %2005: 42.40 %2006: 39.00 %2007: 35.70 %2008: 39.60 %2009: 53.10 %2010: 60.30 %2011: 69.50 %2012: 89.60 %2013: 100.00 %2014: 104.40 %2015: 102.40 %2016: 102.00 %2017: 101.10 %2018: 99.70 %2019: 97.60 %2020: 119.20 %2021: 115.60 %2022: 109.20 %2023: 105.20 %2024: 101.40 %2025: 100.50 %198020032025100.50 %
46 official observations, 1980 → 2025. Every point is a published value — never interpolated.
Rank
#111 of 125
lower is better
Ranked behind
11 %
14 of 125 countries
Latest move
▼ 0.90 pp
since 2024
Below its peak
18.70 pp
peak 119.20 % in 2020
Full series
▲ 84.40 pp
since 1980

In Europe: #31 of 37vs median 54.70 %: +45.80 pp (worse)

Among 125 countries

6 of 125 countries between 12.30 % and 17.90 %2 of 125 countries between 17.90 % and 23.49 %10 of 125 countries between 23.49 % and 29.09 %11 of 125 countries between 29.09 % and 34.68 %8 of 125 countries between 34.68 % and 40.28 %9 of 125 countries between 40.28 % and 45.88 %7 of 125 countries between 45.88 % and 51.47 %13 of 125 countries between 51.47 % and 57.07 %8 of 125 countries between 57.07 % and 62.66 %10 of 125 countries between 62.66 % and 68.26 %4 of 125 countries between 68.26 % and 73.85 %3 of 125 countries between 73.85 % and 79.45 %7 of 125 countries between 79.45 % and 85.05 %6 of 125 countries between 85.05 % and 90.64 %2 of 125 countries between 90.64 % and 96.24 %6 of 125 countries between 96.24 % and 101.83 %2 of 125 countries between 101.83 % and 107.43 %1 of 125 countries between 107.43 % and 113.02 %2 of 125 countries between 113.02 % and 118.62 %1 of 125 countries between 124.22 % and 129.81 %2 of 125 countries between 135.41 % and 141.00 %5 of 125 countries between 141.00 % and 146.60 %median 54.70 %Spain: ahead of 11 % of the 125 countries with a published government debtSpain 100.50 %12.30 %146.60 %
Half of all 125 countries sit between 36.10 % and 81.70 %. Spain is ahead of 11 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Spain
109 Suriname96.90 %−3.60 pp
110 China98.60 %−1.90 pp
111 Spain100.50 %—
112 Zambia100.60 %+0.10 pp
113 United Kingdom102.10 %+1.60 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Spain

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Spain with another country →Everything about Spain →
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