Spain vs United States

Spain vs United States: Government debt

Government debt in 2025: 100.5% of GDP in Spain and 124.4% of GDP in United States, by IMF estimates. In 2025 the value was higher in United States, by 23.9 percentage points, or 1.24 times that in Spain.

% of GDP · IMF

Spain vs United States: Government debtGovernment debt in 2025: 100.5% of GDP in Spain and 124.4% of GDP in United States, by IMF estimates. In 2025 the value was higher in United States, by 23.9 percentage points, or 1.24 times that in Spain.
SpainUnited StatesIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • United States has been higher since 2002, when it overtook Spain.
  • In 2025, Spain ranked 14 and United States ranked 6 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Spain at 89.4% of GDP and United States at 145% of GDP in 2031.

Every year

% of GDP · IMF

YearSpainUnited States
2025100.5124.4
2024101.4122.3
2023105.2120
2022109.2119.2
2021115.6125
2020119.2132.6
201997.6108.8
201899.7107.7
2017101.1106.5
2016102107.5
2015102.4105.5
2014104.4105
2013100105
201289.6103.7
201169.5100
201060.395.7
200953.187.1
200839.673.9
200735.765
20063964.6
200542.465.8
200445.366.4
200347.759
200251.255.9
200154.153.5
200057.8–
199960.9–
199862.4–
199764.3–
199665.4–
199561.6–
199457–
199354.6–
199244.1–
199141.9–
199041.3–
198939.9–
198838.5–
198741.9–
198642.1–
198540.9–
198436–
198329.5–
198224.4–
198119.5–
198016.1–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSpainUnited States
202697.6126.8
202795.2128.7
202893.2132.3
202992136.4
203090.7140.7
203189.4145

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

Spain vs United States

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