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 is reported by the Eurostat. 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 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. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-7.10 -10.60 2.00 -11.10 -6.50 | 2014/12 1995 - 2013 Percent of GDP Yearly

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Spain Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 93.90 2013-12-31 86.00 93.90 16.60 96.97 2014-06-30 Percent [+]
Credit Rating 52.55 [+]
Government Budget Value -12406.00 2014-02-28 -6089.00 12365.00 -99130.00 -15362.69 2014-03-31 EUR Million [+]
Government Spending 49531.00 2013-11-15 52223.00 57076.00 19665.00 50889.56 2014-03-31 EUR Million [+]
Government Budget -7.10 2013-12-31 -10.60 2.00 -11.10 -6.50 2014-12-31 Percent of GDP [+]
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Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


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