NATIONAL PUBLIC DEBT Spain 2024

Public debt went up in Spain

In 2024 Spain public debt was 1,620,602 million euros1,702,142 million dollars, has increased 45,224118,371 million since 2023.

This amount means that the debt in 2024 reached 101.8% of Spain GDP, a 3.3 percentage point fall from 2023, when it was 105.1% of GDP.

If we check the tables we can see the evolution of Spain debt. It has risen since 2014 in global debt terms, when it was 1,085,165 million euros 1,362,211 million dollars although it has fallen as a percentage of GDP, when it amounted to 104.4%.

According to the last data point published, Spain per capita debt in 2024 was 33,021 euros35,003 dollars per inhabitant. In 2023 it was 32,396 euros 32,963 dollars, afterwards rising by 625 euros2,040 dollars, and if we again check 2014 we can see that then the debt per person was 23,362 euros29,287 dollars .

The position of Spain, as compared with the rest of the world, has improved in 2024 in terms of GDP percentage. Currently it is country number 170 in the list of debt to GDP and 175 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
2024Q41,620,602101.80%
2024Q31,635,732104.40%€33,522
2024Q21,625,669105.30%€33,316
2024Q11,614,714106.30%€33,205
< Debt 2023
Spain: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
20241,620,602101.80%€33,021
20231,575,3781,702,142105.10%€32,396$35,003
20221,504,1051,583,771109.50%€31,304$32,963
20211,429,4041,690,233115.70%€30,101$35,593
20201,346,9161,535,921119.30%€28,417$32,404
20191,224,3641,369,66697.70%€25,867$28,937
20181,209,7421,428,25799.80%€25,774$30,429
20171,184,1481,336,407101.20%€25,379$28,642
20161,145,6551,267,110102.00%€24,623$27,234
20151,114,1291,235,746102.50%€23,991$26,609
20141,085,1651,441,590104.40%€23,362$31,036
20131,025,8051,362,211100.00%€22,055$29,287
2012927,8131,192,79989.60%€19,856$25,526
2011743,0431,034,10169.50%€15,871$22,088
2010649,153861,29660.30%€13,910$18,456
2009569,535793,51553.10%€12,252$17,070
2008440,621647,97539.60%€9,529$14,014
2007384,662527,23335.70%€8,423$11,545
2006392,132492,38739.00%€8,756$10,995
2005393,479489,79442.40%€8,941$11,129
2004389,888484,76345.30%€9,005$11,196
2003382,775432,87247.70%€8,996$10,174
2002384,145362,98151.20%€9,184$8,678
2001378,883339,34154.10%€9,233$8,270
2000374,557346,09857.80%€9,211$8,511
1999362,223386,43260.90%€8,950$9,549
1998346,417386,31362.40%€8,595$9,585
1997333,627379,61064.30%€8,311$9,456
1996319,976420,45265.40%€8,005$10,519
1995283,457378,58061.60%€7,121$9,510
1994249,508303,22857.02%€6,294$7,650
1993225,627289,19654.57%€5,718$7,329
1992174,047278,43944.13%€4,433$7,091
1991152,672241,62441.86%€3,910$6,187
1990136,775221,52341.30%€3,518$5,697
1989117,061164,70539.87%€3,013$4,239
1988100,796144,20338.50%€2,598$3,716
198798,919133,62041.92%€2,554$3,450
198688,955105,86342.07%€2,302$2,740
198575,76974,31340.87%€1,966$1,929
198459,92662,17536.02%€1,560$1,619
198343,81751,08429.52%€1,145$1,335
198231,76948,34224.43%€834$1,269
198122,01739,84219.45%€581$1,052
198015,99737,21316.11%€425$989
Spain: Evolution of debt
DateDebt (M.€.)Debt (%GDP)Debt Per Capita
January 20251,629,274102.30%€33,207
< Debt 2023
Spain: Evolution of debt as a percentage of GDP

Spain: Evolution of debt in millions