Spain recorded a Government Debt to GDP of 101.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Spain Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the national debt of Spain from 2020 to 2023, with projections up until 2030. In 2023, the national debt in Spain was around 1,780.48 billion U.S. dollars. For comparison, the Greek debt amounted to approximately 401.71 billion U.S. dollars that same year. Spanish economy The Spanish economy, though in a state of turmoil, has been one of the world’s largest and most important economies. As a member of the European Union and the World Trade Organization, Spain often plays an important role in modern day economics. Spain maintains several economic strengths, some of which include a modern high-tech infrastructure as well as an abundance of exports, which rank as some of the highest in the world. Additionally, Spain’s economical sectors, principally built upon tourism and automobiles, also rank amongst some of the most significant around the globe. Tourism plays an important role in Spain’s economy, with millions of tourists visiting the plentiful amount of beaches during the summer and historical sites all year round. In the past, Spain was considered the most frequently visited country in the world, however, it fell several places in the past couple years, primarily because of the country’s ongoing economical struggles. Tourism is arguably the most significant sector in Spain, making up a large percentage of the country’s entire GDP. The Spanish automobile industry has receded for several years,but still makes notable contributions to the economy and has some of the more powerful car manufacturers in the world.

Key information about Spain Government Debt: % of GDP

• Spain Government debt accounted for 103.4 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 103.4 % in the previous quarter.
• Spain government debt to GDP ratio data is updated quarterly, available from Mar 1995 to Jun 2025.
• The data reached an all-time high of 124.2 % in Mar 2021 and a record low of 34.9 % in Mar 2008.

Banco de España provides quarterly Government Debt as % of Nominal GDP based on ESA 2010.


Related information about Spain Government Debt: % of GDP

• In the latest reports, Spain National Government Debt reached 1,990.2 USD bn in Jun 2025.
• The country's Nominal GDP reached 494.0 USD bn in Sep 2025.

The ratio of national debt to gross domestic product (GDP) of Spain was estimated at approximately 101.82 percent in 2024. Between 1980 and 2024, the ratio rose by around 85.71 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 8.85 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Government Debt in Spain increased to 1690921768 EUR Thousand in the second quarter of 2025 from 1667376234 EUR Thousand in the first quarter of 2025. This dataset provides the latest reported value for - Spain General Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Central government debt, total (% of GDP) for Spain (DEBTTLESA188A) from 1970 to 2023 about Spain, debt, government, and GDP.

Graph and download economic data for Household Debt to GDP for Spain (HDTGPDESA163N) from 1999 to 2024 about Spain, debt, households, and GDP.

Private Debt to GDP in Spain decreased to 116.60 percent in 2024 from 121.20 percent in 2023. Spain Private Debt to GDP - values, historical data, forecasts and news - updated on December of 2025.

Key information about Spain Household Debt

• Spain Household Debt reached 920.4 USD bn in Jun 2025, compared with the reported number of 819.7 USD bn in the previous quarter
• Spain Household Debt: USD mn data is updated quarterly, available from Dec 1989 to Jun 2025
• The data reached an all-time high of 1,512.6 USD bn in Jun 2008 and a record low of 175.7 USD bn in Dec 1989

CEIC converts quarterly Household Debt into USD. Banco de España provides Household Debt in EUR based on ESA 2010. The Federal Reserve Board period end market exchange rate is used for currency conversions. Household Debt prior to Q4 1994 is based on ESA 1995.


Further information about Spain Household Debt

• In the latest reports, Spain Household Debt accounted for 47.8 % of the country's Nominal GDP in Jun 2025
• Money Supply M2 in Spain increased 1,880.7 USD bn YoY in Oct 2025
• Spain Foreign Exchange Reserves was measured at 68.0 USD bn in Oct 2025
• The Foreign Exchange Reserves equaled 1.5 Months of Import in Sep 2025
• Spain Domestic Credit reached 2,180.0 USD bn in Feb 2025, representing an increased of 0.6 % YoY

The value of the outstanding debt of Spanish households in the third quarter of 2024 amounted to ** percent of their gross disposable income. Household indebtedness in Spain has been decreasing at a fast pace since 2013. In contrast, the household gross savings rate in Spain has remained more stable, with the exception of the years following the ******** pandemic.

Key information about Spain Private Debt: % of Nominal GDP

• Spain Private Debt accounted for 70.61 % of its Nominal GDP in Sep 2025, compared with a ratio of 72.05 % in the previous quarter
• Spain Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 2003 to Sep 2025, with an average share of 130.29 %
• The data reached an all-time high of 166.77 % in Dec 2009 and a record low of 70.61 % in Sep 2025

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Banco de España provides Private Debt in EUR. National Statistics Institute provides Nominal GDP in EUR.

Graph and download economic data for Outstanding Total International Debt Securities to GDP for Spain (DDDM07ESA156NWDB) from 1980 to 2020 about issues, Spain, debt, and GDP.

As of the first quarter of 2024, the public debt ratio was remarkably uneven across the different autonomous communities in Spain. The source estimated that four communities had a public debt above ** percent of their regional GDP. The Region of Valencia was, by far, the one with the highest debt-to-GDP ratio, hovering at about **** percent.

Graph and download economic data for General government gross debt for Spain (GGGDTAESA188N) from 1980 to 2023 about Spain, debt, gross, and government.

Key information about Spain External Debt: % of GDP

• Spain External Debt accounted for 163.6 % of the country's Nominal GDP in 2023, compared with the ratio of 171.5 % in the previous year.
• Spain External Debt: % of Nominal GDP data is updated yearly, available from Dec 1995 to Dec 2023.
• The data reached an all-time high of 198.9 % in Dec 2020 and a record low of 45.5 % in Dec 1995.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. Banco de España provides External Debt in EUR based on BPM6 and Nominal GDP in EUR based on ESA 2010.


Related information about Spain External Debt: % of GDP

• In the latest reports of Spain, Current Account recorded a surplus of 6.2 USD bn in Aug 2024.
• Foreign Direct Investment (FDI) fell by 1.2 USD bn in Apr 2023.
• Spain Direct Investment Abroad expanded by 2.4 USD bn in Aug 2024.
• Its Foreign Portfolio Investment increased by 8.0 USD bn in Jun 2024.
• The country's External Debt reached 2,688,756.6 in Jun 2024.
• The country's Nominal GDP was reported at 378.4 USD bn in Mar 2023.

Households Debt in Spain decreased to 43.50 percent of GDP in the first quarter of 2025 from 43.80 percent of GDP in the fourth quarter of 2024. This dataset provides - Spain Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of September 2023, the average maturity of short-term Spanish government bonds was **** years, while Eurobonds had an average maturity of ***** years. Longer-term debt instruments tend to have more stable interest rates, which are better for fiscal planning but often less appealing to speculative investors.

External Debt to GDP in Spain remained unchanged at 162 percent of GDP in the second quarter of 2025 from 162 percent of GDP in the first quarter of 2025. This dataset includes a chart with historical data for Spain External Debt To GDP.

External Debt in Spain increased to 2643882 EUR Million in the second quarter of 2025 from 2618278 EUR Million in the first quarter of 2025. This dataset provides the latest reported value for - Spain External Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical dataset showing Spain debt to gdp ratio by year from 1970 to 2023.