Makrognosis

Spain Government Budget Balance

AnnualNot seasonally adjustedCode ES.BUDGET.A.NSA

Latest−2.4%2025
Previous−3.2%2024
Year ago−3.2%2024

Spain Government Budget Balance was −2.4% in 2025, up 0.8 percentage points from 2024.

That is the highest reading since the series began in 2010.

Among the 23 economies Makrognosis covers on this measure, it is the 11th highest.

Spain Government Budget Balance (% of GDP), 2010 – 2025−12%−10%−8%−6%−4%−2%20102012201420162018202020222024Robomacro
Spain Government Budget Balance (% of GDP), 2010 – 2025. 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
2025−2.4%
2024−3.2%
2023−3.3%
2022−4.6%
2021−6.7%
2020−9.9%
2019−3.1%
2018−2.6%
2017−3.1%
2016−4.2%
2015−5.3%
2014−6.0%
2013−7.5%
2012−11.5%
2011−9.7%
2010−9.5%

Last 16 observations. The full history (16 observations) is available through the API.

Get Spain Government Budget Balance 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.BUDGET.A.NSA"

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

About this series

Latest observation2025
First observation2010
Observations16
FrequencyAnnual
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high−2.4% (2025)
10-year low−9.9% (2020)
10-year average−4.4%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeES.BUDGET.A.NSA

Government Budget Balance: how Spain compares

#EconomyPeriodLatest
1Denmark20252.9%
2Greece20252.0%
3Ireland20251.8%
4Portugal20250.7%
5Qatar20240.7%
6Peru2026−0.9%
7Netherlands2025−1.6%
8Sweden2025−1.6%
9Estonia2025−2.0%
10Czech Republic2025−2.2%
11Spain2025−2.4%
12Germany2025−2.9%
13Italy2025−3.1%
14Finland2025−3.8%
15Bulgaria2025−4.0%
16Austria2025−4.1%
17Trinidad and Tobago2025−4.6%
18Hungary2025−4.7%
19France2025−5.1%
20Belgium2025−5.2%
21Grenada2025−7.2%
22Poland2025−7.2%
23Romania2025−7.8%

Government Budget Balance by country: all 23 economies ranked →

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 government Budget Balance in Spain?
The latest reading is −2.4% for 2025, 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.BUDGET.A.NSA.

Last updated 2026-09-11. Source: Eurostat (Statistical Office of the European Union). Original title: “Spain — General government fiscal balance, % of GDP (EDP)”.