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

Government debt in SpainGovernment debt in Spain: 16.1% of GDP in 1980 and 100.5% of GDP in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 89.4% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

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

YearSpain
2025100.5
2024101.4
2023105.2
2022109.2
2021115.6
2020119.2
201997.6
201899.7
2017101.1
2016102
2015102.4
2014104.4
2013100
201289.6
201169.5
201060.3
200953.1
200839.6
200735.7
200639
200542.4
200445.3
200347.7
200251.2
200154.1
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
YearSpain
202697.6
202795.2
202893.2
202992
203090.7
203189.4

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

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