Net incurrence of liabilities, total in Spain
Spain: Net incurrence of liabilities, total was 65.74 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Spain, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Spain recorded 65.74 billion current LCU for net incurrence of liabilities, total in 2024.
The figure is up 3.0% on the previous year and down 5.1% over ten years.
Over the whole period, net incurrence of liabilities, total in Spain peaked at 185.16 billion current LCU in 2012 and was at its lowest, -8.29 billion current LCU, in 2007.
That places Spain 64th out of 136 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.01 billion current LCU | 134.03 million current LCU | 2.85 billion current LCU | 8 |
| 1980s | 8.54 billion current LCU | 3.75 billion current LCU | 13.46 billion current LCU | 10 |
| 1990s | 22.14 billion current LCU | 11.73 billion current LCU | 41.01 billion current LCU | 10 |
| 2000s | 16.23 billion current LCU | -8.29 billion current LCU | 118.94 billion current LCU | 10 |
| 2010s | 73.25 billion current LCU | 38.60 billion current LCU | 185.16 billion current LCU | 10 |
| 2020s | 97.37 billion current LCU | 63.81 billion current LCU | 144.91 billion current LCU | 5 |
Countries ranked near Spain
More public sector data for Spain
- Arms imports 148.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.9% (2024)
- Taxes on income, profits and capital gains 22.0% (2024)
- Taxes on goods and services 25.0% (2024)
- Net investment in nonfinancial assets 0.7% (2024)
- Net lending (+) / net borrowing (-) -3.2% (2024)
- Interest payments 6.5% (2024)
- Grants and other revenue 11.5% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Spain?
- Net incurrence of liabilities, total in Spain was 65.74 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Spain?
- The highest recorded value was 185.16 billion current LCU in 2012.
- What is the lowest net incurrence of liabilities, total recorded in Spain?
- The lowest recorded value was -8.29 billion current LCU in 2007.
- How does Spain rank for net incurrence of liabilities, total?
- Spain ranks 64th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Spain?
- Over the last ten years it is down 5.1%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.