Spain’s debt fell to 95.5 percent of its GDP in 2019 from 97.6 percent in 2018 and below the government’s forecast of 95.9 percent. It was the lowest debt-to-GDP ratio since 2013.
Government Debt to GDP in Spain averaged 56.64 percent from 1980 until 2019, reaching an all time high of 100.40 percent in 2014 and a record low of 16.60 percent in 1980. This page provides - Spain Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Government Debt to GDP - values, historical data and charts - was last updated on June of 2020. source: Bank of Spain
Government Debt to GDP in Spain is expected to reach 115.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Government Debt to GDP is projected to trend around 112.00 percent in 2021 and 107.00 percent in 2022, according to our econometric models.