Spain Government gross debt in Spain

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 98.2% 2027: 96.2% 2028: 94.2% 2029: 92.9% 2030: 91.7% 2031: 90.4%
60.9 (1999) ANUAL · % of GDP · Annual · CSV
Period% of GDP
Jan 1999 60.9
Jan 1998 62.4
Jan 1997 64.3
Jan 1996 65.4
Jan 1995 61.6
Jan 1994 57.0
Jan 1993 54.6
Jan 1992 44.1
Jan 1991 41.9
Jan 1990 41.3

About this indicator

Source
International Monetary Fund
Frequency
Annual
Release
Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.
What it is
Government debt is the total payment obligations (liabilities) that a country's general government owes to its creditors. It is usually expressed in absolute terms and, above all, as a percentage of GDP to assess its sustainability.
How it's calculated
It is measured on a harmonized basis (in the EU, Excessive Deficit Procedure debt) by adding the liabilities of all general government -securities, loans and deposits- consolidated across subsectors. The debt-to-GDP ratio relates that stock to the size of the economy.
Market implications
A high or rising debt level bears on the sustainability of public finances, the government's funding cost (risk premium) and the room for fiscal policy. It is closely watched by markets and rating agencies.
Limitations
It is a low-frequency figure revised with the national accounts. The ratio to GDP depends on both the debt stock and nominal GDP, so it can move without any change in borrowing.