Spain Government Debt to GDP — 2026 Data & Trend
Spain's government debt was 101.60% in March 2026, up from 100.70% the previous quarter. A year earlier it stood at 103.30%.
Spain's government debt stands at 101.60% as of March 2026. The government debt currently sits at 101.60% (up from 100.70% in the prior quarter). Across the tracked window it has ranged between 34.90% and 124.20%, and is 1.70% lower than a year ago.
The trend
Among the 121 economies tracked on this platform, Spain ranks #16 on government debt by latest value. It rose from 100.70% in the previous quarter, and compares with a year-earlier 103.30%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Mar 2026 | 101.60% |
| Dec 2025 | 100.70% |
| Sep 2025 | 103.10% |
| Jun 2025 | 103.40% |
| Mar 2025 | 103.30% |
| Dec 2024 | 101.60% |
| Sep 2024 | 104.20% |
| Jun 2024 | 105.20% |
Data: Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Spain Have in 2026?
Spain's government debt was 101.60% in March 2026, up from 100.70% the previous quarter. A year earlier it stood at 103.30%.
Is the government debt rising or falling in Spain?
It rose in the latest reading — 101.60% in March 2026 versus 100.70% a quarter earlier. Year on year it is lower.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).