Italy vs Spain: Government deficit/surplus, debt and associated data

Italy
2.27 million
in 2025
Spain
1.69 million
in 2025
Italy rank
3rd
Spain rank
4th

Government deficit/surplus, debt and associated data over time

  • Italy
  • Spain
500.0k1.0M1.5M2.0M2.5M199520102025

How they compare

Italy currently reports 2.27 million against 1.69 million in Spain, a difference of 574,990.

That makes Italy's figure about 1.3 times Spain's.

Across all 31 years both countries report, Italy has been ahead every year.

Italy ranks 3rd and Spain ranks 4th of 35 countries.

Italy has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Italy Spain Difference Ahead
1990s 1.07 million 528,920 540,982 Italy
2000s 1.47 million 895,708 571,702 Italy
2010s 1.68 million 1.11 million 573,975 Italy
2020s 2.02 million 1.42 million 599,142 Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government deficit/surplus, debt and associated data, Italy or Spain?
Italy, at 2.27 million against 1.69 million in Spain as of 2025.
What is the difference in government deficit/surplus, debt and associated data between Italy and Spain?
574,990, with Italy ahead.
How many years of comparable data are there for Italy and Spain?
31 years are reported by both, from 1995 to 2025.
How do Italy and Spain rank globally for government deficit/surplus, debt and associated data?
Italy ranks 3rd and Spain ranks 4th of 35 countries.
Where does this data come from?
Eurostat, published as Government deficit/surplus, debt and associated data. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Spain: Government deficit/surplus, debt and associated data. Statizoid, drawing on Eurostat. Retrieved 14 November 2026, from https://reference.statizoid.com/compare/government-deficit-surplus-debt-and-associated-data/italy/spain/

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About this data

Indicator
Government deficit/surplus, debt and associated data
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
39 places, 1,209 data points, 1995–2025
Last refreshed