Spain recorded a government budget deficit of 10987 EUR Million in November of 2019. Spain Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in Spain averaged -18550.59 EUR Million from 2003 until 2019, reaching an all time high of 12365 EUR Million in December of 2007 and a record low of -99130 EUR Million in December of 2009. This page provides the latest reported value for - Spain Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Ministerio de Hacienda Y Administraciones Publicas

Government Budget Value in Spain is expected to be -27300.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Spain to stand at -26400.00 in 12 months time. In the long-term, the Spain Government Budget Value is projected to trend around -26400.00 EUR Million in 2021, according to our econometric models.

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Spain Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-10987.00 -6303.00 12365.00 -99130.00 2003 - 2019 EUR Million Monthly
Current Prices, NSA

Spain Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.