public debt

Spanish economy 18th February 2026

Spanish public debt grows by 4.8% in 2025, accounting for 100% of GDP

According to data released by the Bank of Spain (BdE), Spain’s public debt increased by 4.8% in 2025 compared to 2024 (an increase of €78.108 billion), reaching €1,698,681 million. This represents a new record high for a year-end closing, although the figure remained below the monthly record of €1,709,330 million registered last September. Consequently, the total debt for all Public Administrations closed 2025 at 100.8% of GDP, which is 0.9…

In Spain 19th January 2026

Spanish Public Debt Grows at Year-on-Year Rate of 4.7%

In absolute terms, Spanish Public Administration debt reached €1.698 trillion in November, representing a 4.7% year-on-year increase and a 0.3% rise compared to October. Meanwhile, the public debt-to-nominal GDP ratio—calculated according to the Excessive Deficit Procedure (EDP)—stood at 101.5% in November. This represents a decrease of 0.8 percentage points compared to the figure recorded in November 2024. Breakdown by Administration Level Central Government (The State): The debt balance reached €1.549…

Spanish economy 18th November 2025

Spanish Public Debt Grows at Annual Rate of 4.5% and Hits New Record of €1.71 Trillion

According to preliminary data published by the Bank of Spain (BdE), the outstanding balance of Spanish Public Administrations’ debt stood at €1.710 trillion in September, representing a 4.5% increase year-on-year, while the increase compared to August was 0.1%. The September figure marks a new historical record. The BdE reported that in September, central government debt grew by 4.6% year-on-year, reaching €1.558 trillion, which represents 94% of GDP. For their part,…

In Spain 22nd October 2025

Spanish Public Debt Grows at Rate of 4.7% and Sets Historical Record: €1.699 Trillion

According to data published by the Bank of Spain (BdE), the debt of the Spanish Public Administrations (AAPP) stood at €1.699 trillion in August, its highest level in history. However, due to inflation (3%), its weight relative to the Gross Domestic Product (GDP) moderated to 103%, which represents a drop of 0.9 percentage points compared to the same month in 2024. Thus, according to the data published this Tuesday by…

In Spain 1st October 2025

Spain: Public Debt (103% of GDP) Rises by 4% Annually While GDP Grows by Less than 3%

According to data from the Bank of Spain (BoE), the debt of the Spanish public administrations as a whole, under the Excessive Deficit Procedure, stood at €1.691 trillion at the close of the second quarter of this year, its highest level in history. Relative to Spain’s Gross Domestic Product (GDP), the debt stood at 103.4%, the same level as in the first quarter of 2025. In absolute terms, Spain’s public…

In Spain 3rd September 2025

Government turns regional debt write-off demanded by partners into new attack against PP, which rejects it

While Puigdemont demanded an amnesty from Sánchez in exchange for his support for the investiture, ERC demanded a write-off of the Catalan government’s debt. Sánchez accepted both agreements, and yesterday, the Council of Ministers approved the draft law that will allow a write-off of €83.252 billion for all regions except the Basque Country and Navarra, which are not under the common regime. To make the measure more palatable, the government…

In Spain 16th June 2025

Spanish public debt stands at 1.668 trillion at end 1Q25, 103.5% of GDP

CdM | At the end of the first quarter, public administration debt stood at €1.668 trillion, representing 103.5% of GDP, according to data from the Excessive Deficit Protocol (PDE) published by the Bank of Spain. This is 2.8 percentage points less than in the same period in 2024, while the growth rate of the debt balance was 3.3% year-on-year. Among the various subsectors of the public administration, the debt balance…

Spanish economy 20th May 2025

Spain to grow 2.6% in 2025 after public debt (103.5% of GDP) increases 3.3%

The Bank of Spain (BoE) published yesterday that the debt of all public administrations in Spain rose in March to €1.667 trillion. Compared to February, Spanish public debt grew by 1.3%, which represents an increase of €21.263 billion. In the last 12 months, Spanish public debt has grown in absolute terms by 3.3%, equivalent to €52.729 billion. This figure contrasts with the 2.6% growth expected for Spanish GDP by the…

In Spain 19th February 2025

Spanish public debt increases to €1,621,515 million in 2024, standing at 101.8% of GDP, highest end-of-year level

Link Securities | The Bank of Spain (BdE) published on Monday that Spanish public debt increased by €46.143 billion in 2024, to €1,621,515 billion, which is its highest level for an annual close. In terms of Spain’s GDP, public debt stood at 101.8% at the end of 2024, 3.3 percentage points less than in 2023. The improvement in the public debt ratio has a lot to do with the upward…

In Spain 8th January 2025

Spain to issue debt amounting to €278.000 million in 2025, 7.4% increase on 2024, new debt to total €60.000 million

For 2025, the Treasury plans to issue €60.000 million of net debt, which is 9% more than the €55.000 million in 2024. The increase, as assured by the Minister of Economy, Carlos Cuerpo, after the Council of Ministers, aims to “provide sufficient flexibility to respond to the disaster of the DANA” and to assist “for as long as necessary to those affected.”In gross terms, this year the Treasury will need…

1 2 3 … 8 »