Spain recorded a Government Budget deficit equal to 2.80 percent of the country's Gross Domestic Product in 2019.
Government Budget in Spain averaged -3.77 percent of GDP from 1995 until 2019, reaching an all time high of 2.10 percent of GDP in 2006 and a record low of -11.30 percent of GDP in 2009. This page provides the latest reported value for - Spain Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Government Budget - values, historical data and charts - was last updated on May of 2020. source: Bank of Spain
Government Budget in Spain is expected to reach -7.80 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Government Budget is projected to trend around -9.20 percent of GDP in 2021 and -5.20 percent of GDP in 2022, according to our econometric models.