Share of government expenditure going to interest payments in Spain

Spain: Share of government expenditure going to interest payments was 5.91 in 2023. ◆ Volatile

Latest (2023)
5.91
Change on year
up 0.5%
World rank
82nd
of 152 countries
All-time high
12.46
in 1994
All-time low
0.9469
in 1981
Years of data
43
1972–2023

Share of government expenditure going to interest payments in Spain, 1972–2023

02.557.51012.51972199720231972: 2.71973: 31974: 2.41975: 21976: 1.81977: 1.91978: 21979: 21980: 0.9651981: 0.9471982: 1.51983: 41984: 61985: 9.31986: 10.41987: 9.31988: 9.31989: 91990: 9.31991: 10.21992: 10.21993: 11.51994: 12.52004: 6.12005: 5.32006: 4.82007: 4.52008: 4.12009: 4.12010: 4.72011: 62012: 6.22013: 8.42014: 9.22015: 7.92016: 7.32017: 7.12018: 6.82019: 6.22020: 4.92021: 4.92022: 5.92023: 5.9

Source: Our World in Data.

Analysis

In 2023, share of government expenditure going to interest payments in Spain stood at 5.91.

That represents a change of up 0.5% on the previous year and down 29.3% over ten years.

Over the whole period, share of government expenditure going to interest payments in Spain peaked at 12.46 in 1994 and was at its lowest, 0.9469, in 1981.

That places Spain 82nd out of 152 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Share of government expenditure going to interest payments in Spain, year by year

Annual values for Share of government expenditure going to interest payments in Spain, 1972 to 2023.
Year Value Change
1972 2.7
1973 3.03 +12.4%
1974 2.36 -22.2%
1975 2.05 -13.3%
1976 1.81 -11.3%
1977 1.91 +5.4%
1978 1.98 +3.6%
1979 2.04 +2.8%
1980 0.9654 -52.6%
1981 0.9469 -1.9%
1982 1.46 +54.5%
1983 4.02 +174.5%
1984 5.99 +49.2%
1985 9.29 +55.0%
1986 10.39 +11.9%
1987 9.26 -10.9%
1988 9.32 +0.7%
1989 8.97 -3.8%
1990 9.34 +4.1%
1991 10.18 +9.0%
1992 10.24 +0.6%
1993 11.47 +12.0%
1994 12.46 +8.6%
2004 6.11 -51.0%
2005 5.27 -13.8%
2006 4.76 -9.6%
2007 4.45 -6.5%
2008 4.1 -8.0%
2009 4.12 +0.6%
2010 4.68 +13.5%
2011 6.03 +28.8%
2012 6.22 +3.2%
2013 8.36 +34.5%
2014 9.15 +9.5%
2015 7.91 -13.6%
2016 7.31 -7.6%
2017 7.11 -2.7%
2018 6.77 -4.7%
2019 6.2 -8.4%
2020 4.9 -21.0%
2021 4.92 +0.6%
2022 5.88 +19.4%
2023 5.91 +0.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.23 1.81 3.03 8
1980s 6.06 0.9469 10.39 10
1990s 10.74 9.34 12.46 5
2000s 4.8 4.1 6.11 6
2010s 6.97 4.68 9.15 10
2020s 5.4 4.9 5.91 4

Countries ranked near Spain

  1. 79 Madagascar 6.32 compare
  2. 80 Peru 6.09 compare
  3. 81 Mongolia 6.01 compare
  4. 83 San Marino 5.88 compare
  5. 84 Georgia 5.86 compare
  6. 85 Ukraine 5.8 compare

See the full ranking of 152 places →

More reference data data for Spain

All data for Spain →

Frequently asked questions

What is share of government expenditure going to interest payments in Spain?
Share of government expenditure going to interest payments in Spain was 5.91 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Spain?
The highest recorded value was 12.46 in 1994.
What is the lowest share of government expenditure going to interest payments recorded in Spain?
The lowest recorded value was 0.9469 in 1981.
How does Spain rank for share of government expenditure going to interest payments?
Spain ranks 82nd out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Spain?
Over the last ten years it is down 29.3%. The long-run trend across the full record is volatile.
Where does this Spain data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Spain. Statizoid, drawing on Our World in Data. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/spain/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed