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Spain — General government deficit (% of GDP)

% of GDP · Annual · 1850–2031 · 178 observations

About this series

The general government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.

The general government deficit reading for Spain was −2.4% of GDP in 2025. The previous reading was −3.2% of GDP in 2024; the period change was +0.8 percentage points. Relative to the selected 10-year average of −4.31% of GDP, the latest reading was above.

-15-10-5051850200020102031% of GDPSubscribe to view

Get the full series

  • Annual data, 1850–2031
  • Quarterly data, 1995–2026
  • All 7 sources, downloadable

Latest observations

2000–2031

PeriodValue
2031-2.15 % of GDP
2030-2.15 % of GDP
2029-2.16 % of GDP
2028-2.17 % of GDP
2027-2.02 % of GDP
15 earlier values
2026-2.42 % of GDP
2025-2.4 % of GDP
2024-3.2 % of GDP
2023-3.3 % of GDP
2022-4.6 % of GDP
2021-6.7 % of GDP
2020-9.9 % of GDP
2019-3.1 % of GDP
2018-2.6 % of GDP
2017-3.1 % of GDP
2016-4.2 % of GDP
2015-5.3 % of GDP
2014-6 % of GDP
2013-7.5 % of GDP
2012-11.5 % of GDP

Values before 2012, back to 2000, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.