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Gross debt in Spain

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Spain in the period from 1998 to 2019 was between 338.8 bn and 1,385.7 bn USD. The hightest level within the past 21 years was reached in 2018. However, the liabilities in 2019 have been only 1,330.93 bn USD

Based on the number of inhabitants, this is in Spain a debt of 28,271 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,667 USD.


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Gross debt of the last 21 years in billion USD




JahrSpain totalSpain per capitaEU per capita
1998384.53 bn USD9,560 USD12,387 USD
1999385.35 bn USD9,541 USD12,342 USD
2000345.46 bn USD8,516 USD10,778 USD
2001338.76 bn USD8,293 USD10,717 USD
2002362.58 bn USD8,751 USD11,593 USD
2003432.15 bn USD10,244 USD14,402 USD
2004484.98 bn USD11,299 USD16,970 USD
2005489.53 bn USD11,214 USD17,846 USD
2006492.36 bn USD11,090 USD18,591 USD
2007527.18 bn USD11,656 USD20,509 USD
2008648.07 bn USD14,102 USD23,520 USD
2009794.39 bn USD17,134 USD25,266 USD
2010860.58 bn USD18,477 USD30,683 USD
20111,034.32 bn USD22,128 USD34,278 USD
20121,143.36 bn USD24,445 USD33,161 USD
20131,297.97 bn USD27,841 USD35,247 USD
20141,380.83 bn USD29,707 USD36,694 USD
20151,187.25 bn USD25,563 USD31,489 USD
20161,222.63 bn USD26,302 USD31,202 USD
20171,293.62 bn USD27,764 USD32,056 USD
20181,385.73 bn USD29,611 USD33,826 USD
20191,330.93 bn USD28,271 USD32,667 USD


Comparison of the gross debt per capita with the European Union in Euro



      Spain       European Union


Budget deficit in Spain

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.

The budget balance in Spain in the period between 1998 and 2019 varied between -168.18 bn Euro and +28.50 bn Euro. In 2019 was reached a balance of -40 bn Euro.

In ratio to population, this equals a new indebtedness of 847 Euro per capita in Spain only in 2019. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.


Budget deficit and surplus in the last 21 years

JahrSpain totalSpain per capitaEU per capita
1998-19.19 bn USD-477 USD-350 USD
1999-8.80 bn USD-218 USD-180 USD
2000-5.45 bn USD-134 USD98 USD
2001-3.26 bn USD-80 USD-263 USD
2002-2.16 bn USD-52 USD-496 USD
2003-2.74 bn USD-65 USD-738 USD
2004-0.45 bn USD-11 USD-808 USD
200513.97 bn USD320 USD-722 USD
200627.84 bn USD627 USD-499 USD
200728.50 bn USD630 USD-315 USD
2008-74.62 bn USD-1,624 USD-951 USD
2009-168.18 bn USD-3,627 USD-2,252 USD
2010-135.48 bn USD-2,909 USD-2,486 USD
2011-144.22 bn USD-3,085 USD-1,907 USD
2012-142.22 bn USD-3,041 USD-1,689 USD
2013-95.35 bn USD-2,045 USD-1,354 USD
2014-81.11 bn USD-1,745 USD-1,226 USD
2015-61.89 bn USD-1,333 USD-871 USD
2016-53.08 bn USD-1,142 USD-620 USD
2017-39.70 bn USD-852 USD-406 USD
2018-35.31 bn USD-755 USD-288 USD
2019-39.90 bn USD-847 USD-332 USD


(negative numbers = deficit)