Spain: Short-term government debt

* indicates monthly or quarterly data series
 Spain

Short-term government debt, percent of total

 Latest value 11.68
 Year 2024
 Measure percent
 Data availability 2011 - 2024
 Average 14.62
 Min - Max 11.32 - 18.31
 Source The World Bank
 Available for Data download
The latest value from 2024 is 11.68 percent, a decline from 12.97 percent in 2023. In comparison, the world average is 8.06 percent, based on data from 131 countries. Historically, the average for Spain from 2011 to 2024 is 14.62 percent. The minimum value, 11.32 percent, was reached in 2021 while the maximum of 18.31 percent was recorded in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Spain: Short-term government debt
 2024 11.68
 2023 12.97
 2022 12.32
 2021 11.32
 2020 17.10
 2019 12.56
 2018 13.50
 2017 15.29




Definition: General government debt with maturity of twelve months or less as percent of total government debt. 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
 Government spending, percent of GDP 19.20 2025 percent
 Government spending, in dollars 366.08 2025 billion U.S. dollars
 Fiscal balance, percent of GDP -3.15 2024 percent
 Primary budget balance -1.34 2024 percent
 Government expenditure 87.28 Q2/2026 billion
 Long-term interest rate 3.63 8/2026 percent
 Tax revenue 14.93 2024 percent
 Taxes on goods and services 25.00 2024 percent
 Taxes on international trade 0.01 1994 percent
 Income and profits taxes 21.98 2024 percent
 Government debt 101.65 2024 percent
 Government debt in foreign currency, percent 0.01 2024 percent
 Government debt held by non-residents 42.18 2024 percent
 Sovereign debt average maturity 7.67 2024 percent
 Short-term government debt 11.68 2024 percent
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