Saudi Arabia vs Spain

Saudi Arabia vs Spain: Government debt

Government debt in 2025: 31.8% of GDP in Saudi Arabia and 100.5% of GDP in Spain, by IMF estimates. In 2025 the value was higher in Spain, by 68.7 percentage points, or 3.16 times that in Saudi Arabia.

% of GDP · IMF

Saudi Arabia vs Spain: Government debtGovernment debt in 2025: 31.8% of GDP in Saudi Arabia and 100.5% of GDP in Spain, by IMF estimates. In 2025 the value was higher in Spain, by 68.7 percentage points, or 3.16 times that in Saudi Arabia.
Saudi ArabiaSpainIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Spain has been higher since 2005, when it overtook Saudi Arabia.
  • In 2025, Saudi Arabia ranked 122 and Spain ranked 14 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Saudi Arabia at 48.7% of GDP and Spain at 89.4% of GDP in 2031.

Every year

% of GDP · IMF

YearSaudi ArabiaSpain
202531.8100.5
202425.9101.4
202323105.2
202221.3109.2
202125.5115.6
202029.7119.2
201920.397.6
201816.899.7
201716101.1
201612.3102
20155.5102.4
20141.5104.4
20132.1100
2012389.6
20115.369.5
20108.460.3
20091453.1
200812.139.6
200717.135.7
200625.839
200537.342.4
200462.945.3
200381.647.7
200296.451.2
200193.254.1
200086.757.8
199910360.9
1998101.562.4
199776.764.3
199675.265.4
199574.361.6
199467.957
199358.654.6
199247.844.1
199139.441.9
1990–41.3
1989–39.9
1988–38.5
1987–41.9
1986–42.1
1985–40.9
1984–36
1983–29.5
1982–24.4
1981–19.5
1980–16.1
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSaudi ArabiaSpain
202635.497.6
202737.395.2
202840.293.2
202943.192
203045.990.7
203148.789.4

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Saudi Arabia vs Spain

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