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Government Finance of Spain

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

24.7% 8.1% 34.6% 26.5%
  • Personal income taxes: 24.7%
  • Corporate income taxes: 8.1%
  • Social security contributions: 34.6%
  • Property taxes: 6.1%
  • Goods and services taxes: 26.5%
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Personal income taxes
24.7%
Corporate income taxes
8.1%
Social security contributions
34.6%
Property taxes
6.1%
Goods and services taxes
26.5%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 98.2% #21 / 184 2026
Government Gross Debt (Local currency - EUR) 1.74T - 2026
Government Net Debt (% of GDP) 82.8% #10 / 86 2026
Government Net Debt (Local currency - EUR) 1.47T - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -2.1% #68 / 189 2026
Fiscal Balance (Local currency - EUR) -36.7B - 2026
Primary Fiscal Balance (% of GDP) 0.3% #51 / 182 2026
Primary Fiscal Balance (Local currency - EUR) 5.15B - 2026

Revenue and Spending

Government Revenue (% of GDP) 43.2% #29 / 189 2026
Government Revenue (Local currency - EUR) 767B - 2026
Government Spending (% of GDP) 45.3% #34 / 189 2026
Government Spending (Local currency - EUR) 803B - 2026

International Reserves

Total Reserves (USD) 108B #26 / 163 2024

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