Spain: External debt

* indicates monthly or quarterly data series
 Spain

External debt, percent of GDP

 Latest value 156.18
 Year 2024
 Measure percent
 Data availability 2002 - 2024
 Average 153.77
 Min - Max 100.00 - 213.90
 Source The World Bank
 Available for Data download
The latest value from 2024 is 156.18 percent, a decline from 167.16 percent in 2023. In comparison, the world average is 132.26 percent, based on data from 119 countries. Historically, the average for Spain from 2002 to 2024 is 153.77 percent. The minimum value, 100 percent, was reached in 2002 while the maximum of 213.9 percent was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Spain: External debt
 2024 156.18
 2023 167.16
 2022 173.10
 2021 182.67
 2020 213.90
 2019 169.14
 2018 161.72
 2017 177.29




Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 93.60 2024 percent
 Trade openness 69.45 2025 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 36.64 2025 percent
 Exports, billion dollars 698.48 2025 billion U.S. dollars
 Growth of exports 3.57 2025 percent
 Imports, percent of GDP 32.81 2025 percent
 Imports, billion dollars 625.57 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.47 2025 percent
 Foreign Direct Investment, billion dollars 28.61 2025 billion U.S. dollars
 Portfolio investment inflows, equities 19,113.32 2025 million dollars (current)
 Current account, percent of GDP 2.94 2025 percent
 Current account, in dollars 56.17 2025 billion U.S. dollars
 Current Account, quarterly 1.55 6/2026 percent
 Trade balance, percent of GDP 3.82 2025 percent
 Trade balance, in dollars 73.36 2025 billion U.S. dollars
 Reserves 128.59 2025 billion U.S. dollars
 Remittances, percent of GDP 0.36 2025 percent
 Remittances 7,296.98 2025 million U.S. dollars
 Net errors and omissions 3,458.33 2025 million USD
 External debt 156.18 2024 percent
 Short-term external debt 37.46 2024 percent
 Short-term debt to reserves 936.61 2024 percent
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