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MacroSpain

Government debt in Spain

How indebted is the state my taxes would go to?

Spain's government debt is 100.40 % — #109 of 124 countries on the atlas (lower is better). Period 2025.

100.40%

Checked 8 Sept 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: 105.10 %2024: 101.60 %2025: 100.40 %198020032025100.40 %
46 official observations, 1980 → 2025. Every point is a published value — never interpolated.
Rank
#109 of 124
lower is better
Ranked behind
12 %
15 of 124 countries
Latest move
▼ 1.20 pp
since 2024
Below its peak
18.80 pp
peak 119.20 % in 2020
Full series
▲ 84.30 pp
since 1980

In Europe: #31 of 37vs median 54.55 %: +45.85 pp (worse)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Spain: ahead of 12 % of the 124 countries with a published government debtSpain 100.40 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Spain is ahead of 12 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Spain
107 Barbados94.20 %−6.20 pp
108 China99.20 %−1.20 pp
109 Spain100.40 %—
110 Sri Lanka100.80 %+0.40 pp
111 United Kingdom102.30 %+1.90 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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