Spain National Government Debt
1990 - 2025 | Quarterly | USD mn | CEIC Data
Key information about Spain National Government Debt
- Spain National Government Debt reached 1,993.0 USD bn in Dec 2025, compared with 2,005.9 USD bn in the previous quarter.
- Spain National Government Debt data is updated quarterly, available from Dec 1990 to Dec 2025.
- The data reached an all-time high of 2,005.9 USD bn in Sep 2025 and a record low of 207.1 USD bn in Jun 1991.
CEIC converts quarterly Government Debt into USD. Banco de España provides Government Debt in EUR based on ESA 2010. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt prior to Q1 1994 is based on ESA 1995.
Related information about Spain National Government Debt
- In the latest reports, Spain Consolidated Fiscal Balance recorded a deficit equal to 2.4 % of its Nominal GDP in Dec 2025.
- The country's Government debt accounted for 100.7 % of its Nominal GDP in Dec 2025.
- Spain Nominal GDP reached 494.0 USD bn in Sep 2025.
View Spain's National Government Debt from Dec 1990 to Dec 2025 in the chart:
What was Spain's National Government Debt in Dec 2025?
Spain National Government Debt reached 1,993.0 USD bn in Dec 2025, compared with 2,005.9 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,993,036.4 Dec 2025 | 2,005,920.9 Sep 2025 | 207,060.1 Jun 1991 | 2,005,920.9 Sep 2025 | USD mn | quarterly | Dec 1990 - Dec 2025 |
National Government Debt by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 15,870.8 Mar 2026 | quarterly | Sep 2010 - Mar 2026 |
| Algeria (USD mn) | 127,109.6 2024 | yearly | 1997 - 2024 |
| Argentina (USD mn) | 455,076.7 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| Armenia (USD mn) | 14,091.3 Mar 2026 | quarterly | Mar 2002 - Mar 2026 |
| Australia (USD mn) | 685,976.3 2024 | yearly | 1999 - 2024 |
| Austria (USD mn) | 490,656.9 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Azerbaijan (USD mn) | 9,223.0 2021 | yearly | 2008 - 2021 |
| Bahrain (USD mn) | 52,564.2 Mar 2026 | monthly | Mar 2001 - Mar 2026 |
| Belarus (USD mn) | 23,375.7 May 2022 | monthly | Dec 2003 - May 2022 |
| Belgium (USD mn) | 812,672.2 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Bolivia (USD mn) | 8,960.7 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (USD mn) | 3,449.6 2024 | yearly | 2007 - 2024 |
| Botswana (USD mn) | 4,996.3 2025 | yearly | 2002 - 2025 |
| Brazil (USD mn) | 1,987,096.3 Mar 2026 | monthly | Dec 2000 - Mar 2026 |
| Bulgaria (USD mn) | 37,868.1 Jan 2026 | monthly | Dec 2015 - Jan 2026 |
| Canada (USD mn) | 1,517,724.5 2025 | yearly | 1962 - 2025 |
| Chile (USD mn) | 154,979.5 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| China (USD mn) | 5,896,064.4 2025 | yearly | 2005 - 2025 |
| Colombia (USD mn) | 330,041.5 Dec 2025 | quarterly | Dec 2001 - Dec 2025 |
| Croatia (USD mn) | 61,462.3 Dec 2025 | monthly | Dec 1995 - Dec 2025 |
| Cyprus (USD mn) | 23,135.3 Mar 2026 | monthly | Dec 2010 - Mar 2026 |
| Czech Republic (USD mn) | 183,513.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Denmark (USD mn) | 134,380.9 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Ecuador (USD mn) | 87,478.1 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Egypt (USD mn) | 344,231.3 Dec 2025 | quarterly | Jun 2006 - Dec 2025 |
| Estonia (USD mn) | 11,769.9 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| European Union (USD mn) | 18,043,357.3 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Finland (USD mn) | 291,561.0 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| France (USD mn) | 4,061,201.8 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Georgia (USD mn) | 13,286.4 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Germany (USD mn) | 3,330,957.3 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Greece (USD mn) | 425,928.8 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Hong Kong SAR, China (USD mn) | 190,786.0 2025 | yearly | 2003 - 2025 |
| Hungary (USD mn) | 197,648.2 Dec 2025 | quarterly | Dec 1989 - Dec 2025 |
| Iceland (USD mn) | 22,207.5 2025 | yearly | 1998 - 2025 |
| India (USD mn) | 2,205,393.2 Dec 2025 | quarterly | Dec 1998 - Dec 2025 |
| Indonesia (USD mn) | 547,950.7 Jan 2025 | monthly | Jun 2009 - Jan 2025 |
| Ireland (USD mn) | 246,341.0 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Israel (USD mn) | 443,893.3 2025 | yearly | 1995 - 2025 |
| Italy (USD mn) | 3,711,947.2 Feb 2026 | monthly | Jan 1957 - Feb 2026 |
| Ivory Coast (USD mn) | 3,853.2 2015 | yearly | 1975 - 2015 |
| Japan (USD mn) | 9,012,579.6 Sep 2025 | monthly | Apr 1982 - Sep 2025 |
| Jordan (USD mn) | 51,659.2 Feb 2026 | monthly | Jan 2002 - Feb 2026 |
| Kazakhstan (USD mn) | 59,945.7 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Kenya (USD mn) | 95,337.3 Dec 2025 | monthly | Sep 1999 - Dec 2025 |
| South Korea (USD mn) | 855,595.7 Mar 2026 | quarterly | Sep 2002 - Mar 2026 |
| Kosovo (USD mn) | 1,797.9 2024 | yearly | 2009 - 2024 |
| Kuwait (USD mn) | 8,307.5 Mar 2026 | monthly | Dec 1993 - Mar 2026 |
| Kyrgyzstan (USD mn) | 8,919.2 Dec 2025 | monthly | Jan 2011 - Dec 2025 |
| Latvia (USD mn) | 23,676.1 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Lebanon (USD mn) | 101,813.6 Dec 2022 | monthly | Dec 2001 - Dec 2022 |
| Lithuania (USD mn) | 39,470.4 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Luxembourg (USD mn) | 27,808.6 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| North Macedonia (USD mn) | 10,272.3 Dec 2025 | quarterly | Dec 2009 - Dec 2025 |
| Malawi (USD mn) | 2,620.0 2014 | yearly | 2010 - 2014 |
| Malaysia (USD mn) | 325,635.1 Dec 2025 | quarterly | Mar 1978 - Dec 2025 |
| Malta (USD mn) | 13,375.6 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Mauritius (USD mn) | 12,827.8 Mar 2026 | quarterly | Jun 2003 - Mar 2026 |
| Mexico (USD mn) | 1,114,967.1 Mar 2026 | monthly | Dec 2005 - Mar 2026 |
| Moldova (USD mn) | 8,080.9 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Montenegro (USD mn) | 5,521.7 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Morocco (USD mn) | 91,099.0 Dec 2022 | quarterly | Dec 2006 - Dec 2022 |
| Nepal (USD mn) | 14,538.4 2021 | yearly | 1990 - 2021 |
| Netherlands (USD mn) | 614,427.7 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| New Zealand (USD mn) | 130,325.2 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| Nigeria (USD mn) | 56,131,610.0 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Norway (USD mn) | 297,283.3 2025 | yearly | 1995 - 2025 |
| Oman (USD mn) | 37,971.4 2025 | yearly | 1990 - 2025 |
| Panama (USD mn) | 59,349.3 Dec 2025 | monthly | Jul 2004 - Dec 2025 |
| Paraguay (USD mn) | 16,217.1 2024 | yearly | 2003 - 2024 |
| Peru (USD mn) | 108,718.9 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Philippines (USD mn) | 304,381.5 Mar 2026 | monthly | Jan 1993 - Mar 2026 |
| Poland (USD mn) | 648,365.6 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Portugal (USD mn) | 326,169.6 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Qatar (USD mn) | 26,518.7 2012 | yearly | 2003 - 2012 |
| Romania (USD mn) | 262,224.8 Feb 2026 | monthly | Nov 2011 - Feb 2026 |
| Russia (USD mn) | 448,098.9 Mar 2026 | monthly | May 2009 - Mar 2026 |
| Saudi Arabia (USD mn) | 405,068.6 2025 | yearly | 2004 - 2025 |
| Serbia (USD mn) | 45,324.3 Mar 2026 | monthly | Sep 2004 - Mar 2026 |
| Singapore (USD mn) | 1,019,617.5 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Slovakia (USD mn) | 98,475.2 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Slovenia (USD mn) | 54,365.4 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| South Africa (USD mn) | 357,353.2 Mar 2026 | monthly | Jan 1960 - Mar 2026 |
| Spain (USD mn) | 1,993,036.4 Dec 2025 | quarterly | Dec 1990 - Dec 2025 |
| Sri Lanka (USD mn) | 96,944.7 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Sweden (USD mn) | 250,022.6 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Switzerland (USD mn) | 231,894.5 2024 | yearly | 1990 - 2024 |
| Taiwan, China (USD mn) | 210,211.6 2024 | yearly | 1996 - 2024 |
| Thailand (USD mn) | 350,915.4 Mar 2026 | monthly | Oct 1997 - Mar 2026 |
| Tunisia (USD mn) | 48,835.0 Dec 2025 | monthly | Apr 2011 - Dec 2025 |
| Turkey (USD mn) | 298,427.1 2024 | yearly | 2001 - 2024 |
| Ukraine (USD mn) | 204,885.6 Mar 2026 | monthly | Dec 2004 - Mar 2026 |
| United Kingdom (USD mn) | 4,178,226.3 Dec 2025 | quarterly | Mar 1966 - Dec 2025 |
| United States (USD mn) | 38,967,834.0 Apr 2026 | monthly | Jan 1969 - Apr 2026 |
| Uruguay (USD mn) | 50,313.1 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Venezuela (USD mn) | 105,131.7 2016 | yearly | 1996 - 2016 |
| Vietnam (USD mn) | 150,597.5 2024 | yearly | 2010 - 2024 |
| Yemen (USD mn) | 20,434.2 2013 | yearly | 2004 - 2013 |
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Learn more about what we doSpain Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.4 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -24,319.243 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Tax Revenue (USD mn) | 395,586.695 2024 | yearly | 1995 - 2024 |
| Tax Revenue: % of GDP (%) | 22.9 2024 | yearly | 1995 - 2024 |
| National Government Debt (USD mn) | 1,993,036.4 Dec 2025 | quarterly | Dec 1990 - Dec 2025 |
| Government Debt: % of GDP (%) | 100.7 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Forecast: Government Expenditure (EUR bn) | 998.824 2031 | yearly | 1980 - 2031 |
| Forecast: Government Net Debt (EUR bn) | 1,984.602 2031 | yearly | 1980 - 2031 |
| Forecast: Government Revenue (EUR bn) | 951.574 2031 | yearly | 1980 - 2031 |
| General Govt Debt: Securities excl Shares: Long Term (EUR mn) | 1,440,619.777 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| General Govt Debt: Loans: Short Term (EUR mn) | 7,485.709 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| General Govt Debt: Loans: Long Term (EUR mn) | 169,530.217 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| General Govt Debt: Securities excl Shares: Short Term (EUR mn) | 75,074.263 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| Public Debt: % of Nominal GDP (%) | 100.700 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| General Govt Debt (EUR mn) | 1,698,224.580 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| State Government Revenue: ytd (EUR mn) | 72,157.000 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| State Government Budget Balance: ytd (EUR mn) | -3,944.000 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| State Government Expenditure: ytd: Current (EUR mn) | 71,905.000 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| State Government Revenue: ytd: Current: Taxes on Production: Products Tax: VAT (EUR mn) | 31,855.000 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| State Government Expenditure: ytd: Capital (EUR mn) | 4,196.000 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| State Government Expenditure: ytd (EUR mn) | 76,101.000 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.716 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | -4,923.7 Feb 2026 | monthly | Mar 1976 - Feb 2026 |
| Total Exports (USD mn) | 37,832.9 Feb 2026 | monthly | Mar 1976 - Feb 2026 |
| Total Exports Growth (%) | -0.8 Feb 2026 | monthly | Mar 1977 - Feb 2026 |
| Aluminum: Exports (USD th) | 3,641,071.563 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 13,790,056.105 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 5,248,398.853 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 42,869.3 Feb 2026 | monthly | Mar 1976 - Feb 2026 |
| Total Imports Growth (%) | -1.1 Feb 2026 | monthly | Mar 1977 - Feb 2026 |
| Imports: Medicament (USD th) | 15,521,418.858 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 8,121,038.202 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 1,520.173 Feb 2026 | monthly | Jan 1960 - Feb 2026 |
| Total Imports from USA (USD mn) | 2,468.725 Feb 2026 | monthly | Jan 1960 - Feb 2026 |
| Total Exports to China (USD mn) | 776.165 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Total Imports from China (USD mn) | 4,398.071 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Exports: Consumer Goods: Others: Durable: Automobiles (EUR th) | 2,971,953.176 Feb 2026 | monthly | Jan 1981 - Feb 2026 |
| Exports (EUR th) | 31,719,608.060 Feb 2026 | monthly | Jan 1962 - Feb 2026 |
| Exports: Intermediate Goods: Industrial Products: Minerals (EUR th) | 3,411,531.743 Feb 2026 | monthly | Jan 1981 - Feb 2026 |
| Exports: Intermediate Goods: Industrial Products: Chemicals (EUR th) | 3,395,277.432 Feb 2026 | monthly | Jan 1981 - Feb 2026 |
| Exports: Consumer Goods: Food, Beverages and Tobacco (EUR th) | 5,350,548.076 Feb 2026 | monthly | Jan 1981 - Feb 2026 |
| Exports: Intermediate Goods: Industrial Products: Materials for Transportation P... (EUR th) | 2,275,730.301 Feb 2026 | monthly | Jan 1981 - Feb 2026 |
| Exports: Europe: France (EUR th) | 4,605,629.661 Feb 2026 | monthly | Jan 1960 - Feb 2026 |
| Exports: Europe: Germany (EUR th) | 3,607,721.992 Feb 2026 | monthly | Jan 1960 - Feb 2026 |
| Exports: Europe: Italy (EUR th) | 2,788,946.994 Feb 2026 | monthly | Jan 1960 - Feb 2026 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.7 Feb 2026 | monthly | Jan 1962 - Feb 2026 |
| Household Debt: % of GDP (%) | 46.6 Dec 2025 | quarterly | Dec 1989 - Dec 2025 |
| Non-Performing Loans (USD mn) | 38,966.002 Feb 2026 | monthly | Jan 1962 - Feb 2026 |
| Money Supply M1 (USD mn) | 1,608,394.245 Mar 2026 | monthly | Jan 1962 - Mar 2026 |
| Money Supply M2 (USD mn) | 1,924,966.473 Mar 2026 | monthly | Jan 1962 - Mar 2026 |
| M2 Growth (%) | 5.6 Mar 2026 | monthly | Jan 1963 - Mar 2026 |
| Reserve Requirement Ratio (%) | 1.0 Apr 2026 | monthly | Jan 1999 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 67,165.4 Apr 2026 | monthly | Jan 1987 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 3.424 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.7 Feb 2026 | monthly | Jan 1987 - Feb 2026 |
| Gold Reserves (USD mn) | 42,027.383 Apr 2026 | monthly | Dec 1956 - Apr 2026 |
| Total Deposits (USD mn) | 1,674,615.017 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Total Deposits Growth (%) | 5.1 Sep 2025 | monthly | Jan 2004 - Sep 2025 |
| Domestic Credit (USD mn) | 0.0 May 2025 | monthly | Jan 1999 - May 2025 |
| Domestic Credit Growth (%) | -100.0 May 2025 | monthly | Jan 2000 - May 2025 |
| Debt Service Ratio: Households (%) | 5.200 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 11.800 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Credit to Households (USD bn) | 837.954 Sep 2025 | quarterly | Dec 1980 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 2,337.397 Sep 2025 | quarterly | Mar 1970 - Sep 2025 |
| Household Debt (USD mn) | 923,466.2 Dec 2025 | quarterly | Dec 1989 - Dec 2025 |
| Total Loans (USD mn) | 2,566,371.640 Mar 2026 | monthly | Dec 1989 - Mar 2026 |
| Total Loans Growth (%) | 5.11 Mar 2026 | monthly | Dec 1990 - Mar 2026 |
| Private Debt: % of Nominal GDP (%) | 69.79 Mar 2026 | quarterly | Mar 2003 - Mar 2026 |
| Money Supply: Spain Contribution: M3 (EUR mn) | 1,766,035.000 Mar 2026 | monthly | Sep 1997 - Mar 2026 |
| Money Supply: Spain Contribution: M2 (EUR mn) | 1,671,268.000 Mar 2026 | monthly | Sep 1997 - Mar 2026 |
| Money Supply: Spain Contribution: M1 (EUR mn) | 1,396,418.000 Mar 2026 | monthly | Sep 1997 - Mar 2026 |
| Reserve Assets (EUR th) | 110,358,379.000 Apr 2026 | monthly | Jan 1987 - Apr 2026 |
| Reserve Assets: Foreign Exchange (EUR th) | 57,264,428.000 Apr 2026 | monthly | Jan 1987 - Apr 2026 |
More Indicators for Spain
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