It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. As the OECD graph above shows, the Spanish government did a very good job of reducing its national debt until 2007. Then you can access your favorite statistics via the star in the header. Single Account The EU wants member states to enact meaningful reforms rather than simply trust in Brussels wants to see a 0.65% deficit reduction this year and the next, equivalent to around €15 billion, although there is a margin of half a percentage point.Commission vice-president Valdis Dombrovskis said that, based on Stability Plan figures, there is no certainty that these targets will be met, and warned that Brussels will follow the moves made by the next administration in Spain, where there is an acting government following the Spain’s acting economy minister, Nadia Calviño, expressed “satisfaction” at the Commission’s decision to support Spain’s exit from the EDP, and pledged to follow recommendations to use any savings arising from lower interest rates and additional tax revenues to reduce the public debt “as quickly as possible.”Spain’s debt-to-GDP ratio is now 97.1%, while the target figure is below 60%. Last Update: 25 Jul 2020 12:15 … Spain’s debt-to-GDP ratio is now 97.1%, while the target figure is below 60%. 10.73%.
Quick Analysis with our professional Research Service: New Update Industry Outlook Are you interested in testing our corporate solutions? In 2018, the national debt in Spain was around 1,290.92 billion U.S. dollars. You could buy 2907335 pieces of Lamborghini Veneno for that amount. Most-viewed Statistics Region 1,098,936,530 Economic Data, Research, Advisory, Forecasting
Debt data includes financing and outstanding liabilities compiled according to the protocol on Excessive Deficit Procedure broken down by maturity, currency, instrument, and counterpart holderGeneral Government is a sector of the economy defined in the European System of Accounts as comprising the central government, regional governments, local governments and social security funds. The deficit fell to 7% of GDP. Profit from additional features with an Employee Account Please create an employee account to be able to mark statistics as favorites. No Member State moved from a government surplus to deficit. In IMF. Loading statistic... Government Debt to GDP in Spain is expected to reach 115.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. © 2020 Moody’s Analytics, Inc. and/or its affiliates and licensors. Unique content meets Design: Basic Account
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Data become final between two and three years after they are first released. Instant Access (October 11, 2019). government debt-to-GDP ratios of Spain and Italy. Published by Debt data includes financing and outstanding liabilities compiled according to the protocol on Excessive Deficit Procedure broken down by maturity, currency, instrument, and counterpart holder General Government is a sector of the economy defined in the European System of Accounts as comprising the central government, regional governments, local governments and social security funds.
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