Spain Government Budget Value

Spain recorded a government budget deficit of 37228 EUR Million in November of 2024. Government Budget Value in Spain averaged -19586.92 EUR Million from 2003 until 2024, reaching an all time high of 13633.00 EUR Million in December of 2007 and a record low of -101629.00 EUR Million in December of 2009. source: Ministerio de Hacienda Y Administraciones Publicas

Related	Last	Previous	Unit	Reference
Asylum Applications	15135.00	15780.00	persons	Nov 2024
Credit Rating	70.00			Jan 2025
Government Budget	-3.60	-4.80	percent of GDP	Dec 2023
Government Budget Value	-37228.00	-26385.00	EUR Million	Nov 2024
Government Debt	1626064962.00	1614710006.00	EUR Thousand	Jun 2024
Government Debt to GDP	107.70	111.60	percent of GDP	Dec 2023
Government Spending	75520.00	74824.00	EUR Million	Jun 2024
Government Spending to GDP	45.40	46.40	percent of GDP	Dec 2023
Holidays
Military Expenditure	23699.10	20306.60	USD Million	Dec 2023

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.