Spain Forecast: Government Expenditure
1980 - 2028 | Yearly | EUR bn | International Monetary Fund
Key information about Spain Forecast: Government Expenditure
- Spain Government Expenditure is forecasted to be 684.114 EUR bn in Dec 2023 as reported by International Monetary Fund.
- It records an increase from the last reported number of 635.514 EUR bn in Dec 2022.
- Looking ahead, Spain Government Expenditure is projected to stand at 772.501 EUR bn in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Spain's Forecast: Government Expenditure from 1980 to 2028 in the chart:
What is Spain's Forecast: Government Expenditure in 2028?
Spain Government Expenditure is forecasted to be 684.114 EUR bn in Dec 2023 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 772.501 2028 | 748.030 2027 | 29.991 1980 | 772.501 2028 | EUR bn | yearly | 1980 - 2028 |
Forecast: Government Expenditure by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 432.266 2020 | yearly | 2002 - 2020 |
| Albania (ALL bn) | 859.713 2028 | yearly | 1997 - 2028 |
| Algeria (DZD bn) | 14,465.231 2028 | yearly | 1990 - 2028 |
| Andorra (%) | 35.036 2028 | yearly | 2001 - 2028 |
| Angola (AOA bn) | 24,324.541 2028 | yearly | 1996 - 2028 |
| Antigua and Barbuda (XCD bn) | 1.408 2028 | yearly | 1990 - 2028 |
| Argentina (ARS bn) | 411,153.841 2028 | yearly | 1993 - 2028 |
| Armenia (AMD bn) | 4,062.704 2028 | yearly | 2005 - 2028 |
| Aruba (%) | 23.397 2028 | yearly | 1995 - 2028 |
| Australia (AUD bn) | 1,177.946 2028 | yearly | 1988 - 2028 |
| Austria (EUR bn) | 293.391 2028 | yearly | 1988 - 2028 |
| Azerbaijan (AZN bn) | 50.242 2028 | yearly | 1994 - 2028 |
| Bahamas (BSD bn) | 3.889 2028 | yearly | 1990 - 2028 |
| Bahrain (BHD bn) | 5.426 2028 | yearly | 1990 - 2028 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 4.794 2029 | yearly | 1995 - 2029 |
| Belarus (BYN bn) | 103.660 2028 | yearly | 2001 - 2028 |
| Belgium (EUR bn) | 389.300 2028 | yearly | 1980 - 2028 |
| Belize (BZD bn) | 1.756 2028 | yearly | 1996 - 2028 |
| Benin (XOF bn) | 3,427.997 2028 | yearly | 1989 - 2028 |
| Bhutan (BTN bn) | 127.721 2028 | yearly | 1981 - 2028 |
| Bolivia (BOB bn) | 128.525 2028 | yearly | 1984 - 2028 |
| Bosnia and Herzegovina (BAM bn) | 26.436 2028 | yearly | 1998 - 2028 |
| Botswana (BWP bn) | 114.976 2029 | yearly | 1981 - 2029 |
| Brazil (BRL bn) | 5,570.005 2028 | yearly | 1996 - 2028 |
| Brunei (BND bn) | 5.719 2028 | yearly | 1980 - 2028 |
| Bulgaria (BGN bn) | 87.595 2028 | yearly | 1998 - 2028 |
| Burkina Faso (XOF bn) | 4,572.948 2028 | yearly | 1985 - 2028 |
| Burundi (BIF bn) | 5,584.965 2028 | yearly | 1990 - 2028 |
| Cambodia (KHR bn) | 53,575.048 2028 | yearly | 1996 - 2028 |
| Cameroon (XAF bn) | 6,979.459 2028 | yearly | 2000 - 2028 |
| Canada (CAD bn) | 1,403.695 2028 | yearly | 1980 - 2028 |
| Cape Verde (CVE bn) | 92.792 2028 | yearly | 1994 - 2028 |
| Central African Republic (XAF bn) | 408.067 2028 | yearly | 1988 - 2028 |
| Chad (XAF bn) | 1,474.600 2028 | yearly | 1995 - 2028 |
| Chile (CLP bn) | 94,716.909 2028 | yearly | 1990 - 2028 |
| China (RMB bn) | 55,111.452 2028 | yearly | 1982 - 2028 |
| Colombia (COP bn) | 709,485.069 2028 | yearly | 1982 - 2028 |
| Comoros (KMF bn) | 154.868 2028 | yearly | 1984 - 2028 |
| Congo (XAF bn) | 2,414.753 2028 | yearly | 1989 - 2028 |
| Costa Rica (CRC bn) | 10,833.234 2028 | yearly | 1990 - 2028 |
| Croatia (EUR bn) | 42.629 2028 | yearly | 1992 - 2028 |
| Cyprus (EUR bn) | 14.689 2028 | yearly | 1995 - 2028 |
| Czech Republic (CZK bn) | 4,143.547 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (CDF bn) | 51,435.523 2028 | yearly | 1996 - 2028 |
| Denmark (DKK bn) | 1,697.244 2028 | yearly | 1980 - 2028 |
| Djibouti (DJF bn) | 204.912 2028 | yearly | 1990 - 2028 |
| Dominica (XCD bn) | 1.081 2028 | yearly | 1990 - 2028 |
| Dominican Republic (DOP bn) | 1,834.914 2028 | yearly | 1997 - 2028 |
| Ecuador (USD bn) | 41.946 2022 | yearly | 1995 - 2022 |
| Egypt (EGP bn) | 5,223.196 2028 | yearly | 1999 - 2028 |
| El Salvador (SVC bn) | 12.433 2028 | yearly | 1990 - 2028 |
| Equatorial Guinea (XAF bn) | 1,064.213 2028 | yearly | 1980 - 2028 |
| Eritrea (ERN bn) | 18.482 2028 | yearly | 1992 - 2028 |
| Estonia (EUR bn) | 23.181 2028 | yearly | 1995 - 2028 |
| Swaziland (SZL bn) | 36.245 2029 | yearly | 1981 - 2029 |
| Ethiopia (ETB bn) | 3,443.409 2028 | yearly | 1980 - 2028 |
| Fiji (FJD bn) | 4.840 2028 | yearly | 1992 - 2028 |
| Finland (EUR bn) | 180.279 2028 | yearly | 1980 - 2028 |
| France (EUR bn) | 1,827.326 2028 | yearly | 1980 - 2028 |
| Gabon (XAF bn) | 2,894.299 2028 | yearly | 1990 - 2028 |
| Gambia (GMD bn) | 47.026 2028 | yearly | 2000 - 2028 |
| Georgia (GEL bn) | 33.541 2028 | yearly | 1995 - 2028 |
| Germany (EUR bn) | 2,330.911 2028 | yearly | 1991 - 2028 |
| Ghana (GHS bn) | 435.057 2028 | yearly | 1980 - 2028 |
| Greece (EUR bn) | 116.091 2028 | yearly | 1980 - 2028 |
| Grenada (XCD bn) | 1.346 2028 | yearly | 1990 - 2028 |
| Guatemala (GTQ bn) | 159.213 2028 | yearly | 1995 - 2028 |
| Guinea (GNF bn) | 65,586.839 2028 | yearly | 1990 - 2028 |
| Guinea-Bissau (GWP bn) | 342.585 2028 | yearly | 1991 - 2028 |
| Guyana (GYD bn) | 954.634 2028 | yearly | 1997 - 2028 |
| Haiti (HTG bn) | 706.868 2028 | yearly | 1997 - 2028 |
| Honduras (HNL bn) | 189.860 2022 | yearly | 1990 - 2022 |
| Hong Kong SAR, China (HKD bn) | 903.868 2029 | yearly | 1982 - 2029 |
| Hungary (HUF bn) | 41,885.306 2028 | yearly | 1995 - 2028 |
| Iceland (ISK bn) | 2,127.586 2028 | yearly | 1980 - 2028 |
| India (INR bn) | 139,967.744 2029 | yearly | 1989 - 2029 |
| Indonesia (IDR bn) | 5,328,687.958 2028 | yearly | 1993 - 2028 |
| Iran (IRR bn) | 84,082,028.240 2029 | yearly | 1991 - 2029 |
| Iraq (IQD bn) | 176,670.396 2028 | yearly | 2004 - 2028 |
| Ireland (EUR bn) | 150.352 2028 | yearly | 1980 - 2028 |
| Israel (ILS bn) | 956.089 2028 | yearly | 2000 - 2028 |
| Italy (EUR bn) | 1,154.373 2028 | yearly | 1988 - 2028 |
| Ivory Coast (XOF bn) | 14,299.569 2028 | yearly | 1997 - 2028 |
| Jamaica (JMD bn) | 1,100.620 2029 | yearly | 1991 - 2029 |
| Japan (JPY bn) | 254,921.347 2028 | yearly | 1980 - 2028 |
| Jordan (JOD bn) | 14.048 2028 | yearly | 1985 - 2028 |
| Kazakhstan (KZT bn) | 38,523.896 2028 | yearly | 2002 - 2028 |
| Kenya (KES bn) | 5,768.072 2028 | yearly | 1982 - 2028 |
| Kiribati (AUD bn) | 0.503 2028 | yearly | 1990 - 2028 |
| South Korea (KRW bn) | 699,535.912 2028 | yearly | 1995 - 2028 |
| Kosovo (EUR bn) | 3.887 2028 | yearly | 2000 - 2028 |
| Kuwait (KWD bn) | 27.920 2028 | yearly | 1990 - 2028 |
| Kyrgyzstan (KGS bn) | 659.471 2028 | yearly | 1995 - 2028 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (EUR bn) | 21.795 2028 | yearly | 1998 - 2028 |
| Lebanon (LBP bn) | 18,711.559 2020 | yearly | 1990 - 2020 |
| Lesotho (LSL bn) | 30.915 2029 | yearly | 1983 - 2029 |
| Liberia (LRD bn) | 1.671 2028 | yearly | 2000 - 2028 |
| Libya (LYD bn) | 145.547 2028 | yearly | 1990 - 2028 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.4 Mar 2023 | quarterly | Dec 1995 - Mar 2023 |
| Consolidated Fiscal Balance (USD mn) | -38,483.084 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Tax Revenue (USD mn) | 347,168.232 2022 | yearly | 1995 - 2022 |
| Tax Revenue: % of GDP (%) | 24.5 2021 | yearly | 1995 - 2021 |
| National Government Debt (USD mn) | 1,669,136.5 Mar 2023 | quarterly | Dec 1990 - Mar 2023 |
| Government Debt: % of GDP (%) | 112.8 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Forecast: Government Expenditure (EUR bn) | 772.501 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (EUR bn) | 1,860.575 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (EUR bn) | 703.955 2028 | yearly | 1980 - 2028 |
| State Government Revenue: ytd (EUR mn) | 142,890.000 Jul 2023 | monthly | Jan 2004 - Jul 2023 |
| State Government Expenditure: ytd: Current (EUR mn) | 170,413.000 Jul 2023 | monthly | Jan 2004 - Jul 2023 |
| State Government Revenue: ytd: Current: Taxes on Production: Products Tax: VAT (EUR mn) | 52,080.000 Jul 2023 | monthly | Jan 2004 - Jul 2023 |
| State Government Expenditure: ytd: Capital (EUR mn) | 10,159.000 Jul 2023 | monthly | Jan 2004 - Jul 2023 |
| State Government Expenditure: ytd (EUR mn) | 180,572.000 Jul 2023 | monthly | Jan 2004 - Jul 2023 |
| State Government Budget Balance: ytd (EUR mn) | -37,682.000 Jul 2023 | monthly | Jan 2004 - Jul 2023 |
| General Govt Debt: Securities excl Shares: Long Term (EUR mn) | 1,279,893.383 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
| General Govt Debt: Loans: Long Term (EUR mn) | 175,125.611 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
| General Govt Debt (EUR mn) | 1,535,261.681 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
| General Govt Debt: Loans: Short Term (EUR mn) | 6,155.348 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
| Public Debt: % of Nominal GDP (%) | 112.800 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| General Govt Debt: Securities excl Shares: Short Term (EUR mn) | 68,916.357 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.692 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -5,200.1 Dec 2021 | monthly | Jan 1985 - Dec 2021 |
| Total Exports (USD mn) | 31,858.5 Dec 2021 | monthly | Jan 1985 - Dec 2021 |
| Total Exports Growth (%) | 21.4 Dec 2021 | monthly | Jan 1986 - Dec 2021 |
| Aluminum: Exports (USD th) | 4,648,596.870 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 11,916,700.138 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 16,949,916.312 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 37,058.6 Dec 2021 | monthly | Jan 1985 - Dec 2021 |
| Total Imports Growth (%) | 37.9 Dec 2021 | monthly | Jan 1986 - Dec 2021 |
| Imports: Medicament (USD th) | 14,747,141.004 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,985,076.621 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,728.777 Jun 2023 | monthly | Jan 1960 - Jun 2023 |
| Total Imports from USA (USD mn) | 2,384.244 Jun 2023 | monthly | Jan 1960 - Jun 2023 |
| Total Exports to China (USD mn) | 869.063 Jun 2023 | monthly | Jan 1970 - Jun 2023 |
| Total Imports from China (USD mn) | 3,896.491 Jun 2023 | monthly | Jan 1970 - Jun 2023 |
| Trade Balance: sa (EUR th) | -4,601,494.680 Dec 2021 | monthly | Jan 1985 - Dec 2021 |
| Exports: Consumer Goods: Others: Durable: Automobiles (EUR th) | 3,848,914.193 Jun 2023 | monthly | Jan 1981 - Jun 2023 |
| Exports (EUR th) | 33,982,453.989 Jun 2023 | monthly | Jan 1962 - Jun 2023 |
| Exports: sa (EUR th) | 28,190,863.471 Dec 2021 | monthly | Jun 1981 - Dec 2021 |
| Exports: Intermediate Goods: Industrial Products: Minerals (EUR th) | 3,126,035.671 Jun 2023 | monthly | Jan 1981 - Jun 2023 |
| Exports: Intermediate Goods: Industrial Products: Chemicals (EUR th) | 4,453,195.387 Jun 2023 | monthly | Jan 1981 - Jun 2023 |
| Exports: Consumer Goods: Food, Beverages and Tobacco (EUR th) | 4,834,652.398 Jun 2023 | monthly | Jan 1981 - Jun 2023 |
| Exports: Intermediate Goods: Industrial Products: Materials for Transportation P... (EUR th) | 1,972,432.240 Jun 2023 | monthly | Jan 1981 - Jun 2023 |
| Exports: Europe: France (EUR th) | 5,420,689.236 Jun 2023 | monthly | Jan 1960 - Jun 2023 |
| Exports: Europe: Germany (EUR th) | 3,487,484.842 Jun 2023 | monthly | Jan 1960 - Jun 2023 |
| Exports: Europe: Italy (EUR th) | 3,221,098.540 Jun 2023 | monthly | Jan 1960 - Jun 2023 |
| Imports: sa (EUR th) | 32,792,358.151 Dec 2021 | monthly | Jan 1985 - Dec 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.5 Jun 2023 | monthly | Jan 1962 - Jun 2023 |
| Household Debt: % of GDP (%) | 54.6 Mar 2023 | quarterly | Dec 1989 - Mar 2023 |
| Non-Performing Loans (USD mn) | 46,053.436 Jun 2023 | monthly | Jan 1962 - Jun 2023 |
| Money Supply M1 (USD mn) | 1,425,931.792 Jul 2023 | monthly | Jan 1962 - Jul 2023 |
| Money Supply M2 (USD mn) | 1,621,708.703 Jul 2023 | monthly | Jan 1962 - Jul 2023 |
| M2 Growth (%) | -2.0 Jul 2023 | monthly | Jan 1963 - Jul 2023 |
| Reserve Requirement Ratio (%) | 1.0 Sep 2023 | monthly | Jan 1999 - Sep 2023 |
| Foreign Exchange Reserves (USD mn) | 60,289.1 Aug 2023 | monthly | Jan 1987 - Aug 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 3.940 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 Jun 2023 | monthly | Jan 1987 - Jun 2023 |
| Gold Reserves (USD mn) | 17,563.008 Aug 2023 | monthly | Dec 1956 - Aug 2023 |
| Total Deposits (USD mn) | 1,419,821.202 Jul 2023 | monthly | Jan 2003 - Jul 2023 |
| Total Deposits Growth (%) | 6.4 Apr 2019 | monthly | Jan 2004 - Apr 2019 |
| Domestic Credit (USD mn) | 2,369,633.4 Jun 2023 | monthly | Jan 1999 - Jun 2023 |
| Domestic Credit Growth (%) | -2.9 Jun 2023 | monthly | Jan 2000 - Jun 2023 |
| Debt Service Ratio: Households (%) | 6.000 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 13.600 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Credit to Households (USD bn) | 749.561 Dec 2022 | quarterly | Dec 1980 - Dec 2022 |
| Credit to Private Non-Financial Sector (USD bn) | 2,072.156 Dec 2022 | quarterly | Mar 1970 - Dec 2022 |
| Household Debt (USD mn) | 808,346.7 Mar 2023 | quarterly | Dec 1989 - Mar 2023 |
| Total Loans (USD mn) | 2,213,484.905 Jul 2023 | monthly | Dec 1989 - Jul 2023 |
| Total Loans Growth (%) | -6.81 Jul 2023 | monthly | Dec 1990 - Jul 2023 |
| Private Debt: % of Nominal GDP (%) | 83.78 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
| Money Supply: Spain Contribution: M2 (EUR mn) | 1,471,605.000 Jul 2023 | monthly | Sep 1997 - Jul 2023 |
| Money Supply: Spain Contribution: M1 (EUR mn) | 1,293,949.000 Jul 2023 | monthly | Sep 1997 - Jul 2023 |
| Money Supply: Spain Contribution: M3 (EUR mn) | 1,538,049.000 Jul 2023 | monthly | Sep 1997 - Jul 2023 |
| Reserve Assets (EUR th) | 91,198,336.000 Aug 2023 | monthly | Jan 1987 - Aug 2023 |
| Reserve Assets: Foreign Exchange (EUR th) | 55,622,358.000 Aug 2023 | monthly | Jan 1987 - Aug 2023 |
More Indicators for Spain
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