Spain recorded a Government Budget deficit equal to 6.80 percent of the country's Gross Domestic Product in 2021. source: Bank of Spain
Government Budget in Spain averaged -4.15 percent of GDP from 1995 until 2021, 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 February of 2023.
Government Budget in Spain is expected to reach -4.50 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Government Budget is projected to trend around -3.80 percent of GDP in 2024 and -3.30 percent of GDP in 2025, according to our econometric models.