Spain recorded a Government Debt to GDP of 101.80 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Spain averaged 63.16 percent of GDP from 1980 until 2024, reaching an all time high of 119.30 percent of GDP in 2020 and a record low of 16.60 percent of GDP in 1980. source: Bank of Spain
Government Debt to GDP in Spain is expected to reach 100.10 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Government Debt to GDP is projected to trend around 98.40 percent of GDP in 2026 and 97.00 percent of GDP in 2027, according to our econometric models.