Spain
Government debt in Spain
Government debt in Spain: 16.1% of GDP in 1980 and 100.5% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 100.5% of GDP
- Since 1980
- +84.4 percentage points
- Rank, 2025
- 14 of 149
- counting from the highest
- Projected, 2031
- 89.4% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 89.4% of GDP in 2031.
- The highest was 119.2% of GDP in 2020, the lowest 16.1% of GDP in 1980.
Every year
% of GDP · IMF
| Year | Spain |
|---|---|
| 2025 | 100.5 |
| 2024 | 101.4 |
| 2023 | 105.2 |
| 2022 | 109.2 |
| 2021 | 115.6 |
| 2020 | 119.2 |
| 2019 | 97.6 |
| 2018 | 99.7 |
| 2017 | 101.1 |
| 2016 | 102 |
| 2015 | 102.4 |
| 2014 | 104.4 |
| 2013 | 100 |
| 2012 | 89.6 |
| 2011 | 69.5 |
| 2010 | 60.3 |
| 2009 | 53.1 |
| 2008 | 39.6 |
| 2007 | 35.7 |
| 2006 | 39 |
| 2005 | 42.4 |
| 2004 | 45.3 |
| 2003 | 47.7 |
| 2002 | 51.2 |
| 2001 | 54.1 |
| 2000 | 57.8 |
| 1999 | 60.9 |
| 1998 | 62.4 |
| 1997 | 64.3 |
| 1996 | 65.4 |
| 1995 | 61.6 |
| 1994 | 57 |
| 1993 | 54.6 |
| 1992 | 44.1 |
| 1991 | 41.9 |
| 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
| Year | Spain |
|---|---|
| 2026 | 97.6 |
| 2027 | 95.2 |
| 2028 | 93.2 |
| 2029 | 92 |
| 2030 | 90.7 |
| 2031 | 89.4 |
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 in numbers
Every measure for Spain on one page
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Military
- Military spending2.13% of GDP in 2025
- Military spending in US dollars$37.7B in 2025
- Military spending per person$839 in 2025
- Military share of state spending4.7% of government spending in 2025
- Armed forces personnel199,000 people in 2020
- National power0.66% of world capability in 2022
- Armed forces, share of workers0.87% of the labour force in 2020
- Arms imports237 million TIV in 2025
- Arms exports341 million TIV in 2025