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Spain: Central government deficit (% of GDP)

Percent of GDP · 1880–2025 · 135 observations · cgovdef_GDP

2025
−2.00%percent of GDP
Change on 2024
+0.9 pointsfrom −2.90%
Average, 2016–2025
−3.08%10 years
Record high and low
1.52% (1928)low −9.62% (1963)

Central government deficit (% of GDP)

Report error
-10%-8%-6%-4%-2%0%2%18801900192019401960198020002020SpainSpain
Percent of GDP

Compare with other countries →Definition of Central government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2025-2.00
2024-2.90
2023-2.00
2022-3.00
2021-6.00
2020-7.60
2019-1.50
2018-1.40
2017-1.90
2016-2.50

Sources

  • Flandreau & Zumer1880–1913
  • Mitchell1901–1987
  • World Development Indicators1972–2024
  • IMF Government Finance Statistics1995–2024
  • Eurostat1995–2025

Compare these sources →

Spain documentation (PDF)

More for Spain

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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