Budget balance — all countries

Budget balance — Spain

Budget balance in Spain in 2031 — -2.2%. Ranked 88 in the world out of 188. Since 1980, the indicator has fallen by 0.2 pp.

2031 -2.2% +0 pp vs 2030
World rank 88of 188
Period maximum 2.1%2006
Period minimum -11.5%2012

Trend over time

1980–2031 · % of GDP

Budget balance — Spain, 1980–2031-15-10-50519801986199219982004201020162022202820311980: -2%1981: -2.4%1982: -5.5%1983: -4.7%1984: -5.4%1985: -6.8%1986: -5.9%1987: -3.3%1988: -3.4%1989: -3%1990: -3.9%1991: -4.6%1992: -4.3%1993: -6.9%1994: -6.3%1995: -6.8%1996: -5.9%1997: -3.9%1998: -2.6%1999: -1.2%2000: -1.2%2001: -0.5%2002: -0.3%2003: -0.4%2004: -0.1%2005: 1.2%2006: 2.1%2007: 1.9%2008: -4.6%2009: -11.2%2010: -9.5%2011: -9.7%2012: -11.5%2013: -7.5%2014: -6.1%2015: -5.3%2016: -4.3%2017: -3.1%2018: -2.6%2019: -3%2020: -10%2021: -6.7%2022: -4.6%2023: -3.3%2024: -3.2%2025: -2.5%2026: -2.1%2027: -2.3%2028: -2.2%2029: -2.2%2030: -2.2%2031: -2.2%
Change over the period: −0.2 pp Annual average: 0 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Spain

Spain -2.2%
World computed -4.85%
Europe & Central Asia computed -2.49%
Southern Europe computed -2.33%
High-income countries computed -4.26%
Budget balance — Spain, by year Spain All countries CSV XLSX
Year % Change, pp
2031 -2.2 +0 pp
2030 -2.2 +0 pp
2029 -2.2 +0 pp
2028 -2.2 +0.1 pp
2027 -2.3 −0.2 pp
2026 -2.1 +0.4 pp
2025 -2.5 +0.7 pp
2024 -3.2 +0.1 pp
2023 -3.3 +1.3 pp
2022 -4.6 +2.1 pp
2021 -6.7 +3.3 pp
2020 -10 −7 pp
2019 -3 −0.4 pp
2018 -2.6 +0.5 pp
2017 -3.1 +1.2 pp
2016 -4.3 +1 pp
2015 -5.3 +0.8 pp
2014 -6.1 +1.4 pp
2013 -7.5 +4 pp
2012 -11.5 −1.8 pp
2011 -9.7 −0.2 pp
2010 -9.5 +1.7 pp
2009 -11.2 −6.6 pp
2008 -4.6 −6.5 pp
2007 1.9 −0.2 pp
2006 2.1 +0.9 pp
2005 1.2 +1.3 pp
2004 -0.1 +0.3 pp
2003 -0.4 −0.1 pp
2002 -0.3 +0.2 pp
2001 -0.5 +0.7 pp
2000 -1.2 +0 pp
1999 -1.2 +1.4 pp
1998 -2.6 +1.3 pp
1997 -3.9 +2 pp
1996 -5.9 +0.9 pp
1995 -6.8 −0.5 pp
1994 -6.3 +0.6 pp
1993 -6.9 −2.6 pp
1992 -4.3 +0.3 pp
1991 -4.6 −0.7 pp
1990 -3.9 −0.9 pp
1989 -3 +0.4 pp
1988 -3.4 −0.1 pp
1987 -3.3 +2.6 pp
1986 -5.9 +0.9 pp
1985 -6.8 −1.4 pp
1984 -5.4 −0.7 pp
1983 -4.7 +0.8 pp
1982 -5.5 −3.1 pp
1981 -2.4 −0.4 pp
1980 -2

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.