Spain Government Budget
Spain recorded a Government Budget deficit equal to 7.10 percent of the country's Gross Domestic Product in 2013. Government Budget in Spain averaged -3.66 Percent of GDP from 1995 until 2013, reaching an all time high of 2 Percent of GDP in 2006 and a record low of -11.10 Percent of GDP in 2009. Government Budget in Spain is reported by the Eurostat.
||1995 - 2013
||Percent of GDP
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Spain Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.