Spain Spain National Debt

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NATIONAL PUBLIC DEBT Spain 2023

The national debt increased in Spain

In 2023 Spain public debt was 1,573,754 million euros1,701,700 million dollars, has increased 70,955118,249 million since 2022.

This amount means that the debt in 2023 reached 107.7% of Spain GDP, a 3.9 percentage point fall from 2022, when it was 111.6% of GDP.

If we check the tables we can see the evolution of Spain debt. It has risen since 2013 in global debt terms, when it was 1,025,655 million euros 1,362,210 million dollars and also in terms of GDP percentage, when it amounted to 100.5%.

According to the last data point published, Spain per capita debt in 2023 was 32,386 euros35,020 dollars per inhabitant. In 2022 it was 31,277 euros 32,956 dollars, afterwards rising by 1,109 euros2,064 dollars, and if we again check 2013 we can see that then the debt per person was 22,051 euros29,287 dollars .

The position of Spain, as compared with the rest of the world, has worsened in 2023 in terms of GDP percentage. Currently it is country number 175 in the list of debt to GDP and 174 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Spain. You can see debt in other countries in Public debt and see all the information about Spain in economy of Spain.

Spain: Evolution of debt
DateDebt (M.€.)Debt (%GDP)Debt Per Capita
2023Q41,573,754107.70%€32,386
2023Q31,577,266109.80%€32,606
2023Q21,568,617111.20%€32,427
2023Q11,535,380111.20%€31,955
< Debt 2022
Spain: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
20231,573,7541,701,700107.70%€32,386$35,020
20221,502,7991,583,451111.60%€31,277$32,956
20211,428,1331,690,788116.80%€30,074$35,605
20201,345,7861,535,918120.30%€28,393$32,404
20191,223,3551,369,66698.20%€25,846$28,937
20181,208,8611,428,258100.40%€25,755$30,429
20171,183,4121,336,406101.80%€25,363$28,642
20161,145,0501,267,110102.70%€24,610$27,234
20151,113,6611,235,746103.30%€23,981$26,609
20141,084,8461,441,590105.10%€23,355$31,036
20131,025,6551,362,210100.50%€22,051$29,287
2012927,8131,192,79890.00%€19,856$25,526
2011743,0431,034,10169.90%€15,871$22,088
2010649,153861,29660.50%€13,910$18,456
2009569,535793,51553.30%€12,252$17,070
2008440,621647,97539.70%€9,529$14,014
2007384,662527,23335.80%€8,423$11,545
2006392,132492,38739.10%€8,756$10,995
2005393,479489,79442.40%€8,941$11,129
2004389,888484,76245.40%€9,005$11,196
2003382,775432,87147.70%€8,996$10,174
2002384,145362,98151.20%€9,184$8,678
2001378,883339,34154.00%€9,233$8,269
2000374,557346,09957.80%€9,211$8,511
1999362,223386,43260.80%€8,950$9,549
1998346,417386,31362.30%€8,595$9,585
1997333,627379,61064.20%€8,311$9,456
1996319,976420,45265.40%€8,005$10,519
1995283,457378,57961.50%€7,121$9,510
1994249,508303,22758.68%€6,294$7,650
1993225,627289,19656.16%€5,718$7,329
1992174,047278,43845.42%€4,433$7,091
1991152,672241,62443.09%€3,910$6,187
1990136,775221,52342.51%€3,518$5,697
1989117,061164,70441.03%€3,013$4,239
1988100,796144,20339.63%€2,598$3,716
198798,919133,62043.14%€2,554$3,450
198688,955105,86343.30%€2,302$2,740
198575,76974,31342.06%€1,966$1,929
198459,92662,17437.08%€1,560$1,619
198343,81751,08430.38%€1,145$1,335
198231,76948,34125.14%€834$1,269
198122,01739,84220.02%€581$1,052
198015,99737,21316.58%€425$989
Spain: Evolution of debt
DateDebt (M.€.)Debt (%GDP)Debt Per Capita
February 20241,602,662109.63%€32,981
January 20241,583,113108.29%€32,579
< Debt 2022
Spain: Evolution of debt as a percentage of GDP

Spain: Evolution of debt in millions