Makrognosis

Spain General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted)

QuarterlySeasonally adjustedCode ES.GOVBAL.Q.SA.MEASURE-PCTGDP

Latest−2.2%Q2 2026
Previous−2.2%Q1 2026
Year ago−2.2%Q2 2025

Spain General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) was −2.2% in Q2 2026, unchanged from Q1 2026 and unchanged from a year earlier.

Over the past ten years it has ranged from −20.2% (Q2 2020) to −2.1% (Q3 2025), averaging −4.2%.

Spain General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) (% of GDP), Q1 2001 – Q2 2026−25%−20%−15%−10%−5%0%5%20052010201520202025Robomacro
Spain General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) (% of GDP), Q1 2001 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
Q2 2026−2.2%
Q1 2026−2.2%
Q4 2025−2.3%
Q3 2025−2.1%
Q2 2025−2.2%
Q1 2025−3.1%
Q4 2024−3.8%
Q3 2024−3.2%
Q2 2024−3.0%
Q1 2024−2.7%
Q4 2023−2.8%
Q3 2023−3.5%
Q2 2023−4.3%
Q1 2023−2.7%
Q4 2022−5.6%
Q3 2022−4.7%
Q2 2022−4.4%
Q1 2022−3.6%
Q4 2021−4.2%
Q3 2021−6.7%
Q2 2021−7.3%
Q1 2021−8.6%
Q4 2020−7.5%
Q3 2020−8.4%

Last 24 observations. The full history (102 observations) is available through the API.

Get Spain General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/ES.GOVBAL.Q.SA.MEASURE-PCTGDP"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ES.GOVBAL.Q.SA.MEASURE-PCTGDP",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 2001
Observations102
FrequencyQuarterly
Units% of GDP
AdjustmentSeasonally adjusted
10-year high−2.1% (Q3 2025)
10-year low−20.2% (Q2 2020)
10-year average−4.2%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeES.GOVBAL.Q.SA.MEASURE-PCTGDP

More Spain GOVBAL series

Spain General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn)

Other Spain indicators

Spain GDP (Gross Domestic Product)Spain GDP at market prices, current prices, SA+calendarSpain Inflation Rate (CPI)Spain Core Inflation RateSpain Unemployment RateSpain 10-Year Government Bond YieldSpain Credit Rating & Sovereign Risk ScoreSpain Industrial ProductionSpain Retail SalesSpain Producer Price Inflation (PPI)Spain Current account balance (Banco de Espana balance of payments, BE_17_1.1), EUR millionsSpain Current account balance, % of GDPSpain Trade Balance: Goods & ServicesSpain Exports of goods and services, Current prices, million EURSpain Exports of goods and services, chain-linked volumeSpain Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current general government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) in Spain?
The latest reading is −2.2% for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code ES.GOVBAL.Q.SA.MEASURE-PCTGDP.

Last updated 2026-10-27. Source: Eurostat (Statistical Office of the European Union). Original title: “Spain — General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted)”.