Central government debt; total (% of GDP) in Spain

The Central government debt; total (% of GDP) in Spain was 46.35 in 2009, according to a World Bank report, published in 2010. The Central government debt; total (% of GDP) in Spain was reported at 34.05 in 2008, according to the World Bank. Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.This page includes a historical data chart, news and forecasts for Central government debt; total (% of GDP) in Spain. Spain's economy is the fifth largest in Europe. Spain is part of the European Union since 1986 which required the country to open its economy to trade and investment. The Spanish economy grew every year from 1994 through 2008 before entering a recession that started in the third quarter of 2008.

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