Deficit, Percent of own spending (Central government) in Spain
Spain: Deficit, Percent of own spending (Central government) was -0.8351 in 2020. ◆ Volatile
Deficit, Percent of own spending in Spain, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, deficit, percent of own spending in Spain stood at -0.8351.
The figure is down 407.2% on the previous year and down 46.6% over ten years.
Over the whole period, deficit, percent of own spending in Spain peaked at 0.1605 in 2007 and was at its lowest, -1.11, in 2009.
That places Spain 65th out of 66 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending (Central government) in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | -0.3859 | — |
| 1996 | -0.3233 | -16.2% |
| 1997 | -0.2465 | -23.7% |
| 1998 | -0.1719 | -30.3% |
| 1999 | -0.1186 | -31.0% |
| 2000 | -0.1293 | +9.0% |
| 2001 | -0.0701 | -45.7% |
| 2002 | -0.06 | -14.4% |
| 2003 | -0.0792 | +32.0% |
| 2004 | -0.12 | +51.5% |
| 2005 | 0.0646 | -153.8% |
| 2006 | 0.1072 | +65.9% |
| 2007 | 0.1605 | +49.6% |
| 2008 | -0.3818 | -337.9% |
| 2009 | -1.11 | +190.6% |
| 2010 | -0.5697 | -48.7% |
| 2011 | -0.3965 | -30.4% |
| 2012 | -0.6441 | +62.5% |
| 2013 | -0.4944 | -23.2% |
| 2014 | -0.3772 | -23.7% |
| 2015 | -0.2927 | -22.4% |
| 2016 | -0.2903 | -0.8% |
| 2017 | -0.2225 | -23.3% |
| 2018 | -0.1582 | -28.9% |
| 2019 | -0.1646 | +4.0% |
| 2020 | -0.8351 | +407.2% |
Spain compared with similar countries
- Spain's -0.8351 is below the median for high income countries, which is -0.2946, 2.8× the median. (29 countries reporting)
- Spain's -0.8351 is below the median for Europe & Central Asia, which is -0.2415, 3.5× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Deficit, Percent of own spending (Central government) in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -407.2% | -0.1646 | -0.8351 |
| 2008 | -337.9% | 0.1605 | -0.3818 |
| 2009 | -190.6% | -0.3818 | -1.11 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.2493 | -0.3859 | -0.1186 | 5 |
| 2000s | -0.1618 | -1.11 | 0.1605 | 10 |
| 2010s | -0.361 | -0.6441 | -0.1582 | 10 |
| 2020s | -0.8351 | -0.8351 | -0.8351 | 1 |
Countries ranked near Spain
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Frequently asked questions
- What is deficit, percent of own spending in Spain?
- Deficit, percent of own spending in Spain was -0.8351 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Spain?
- The highest recorded value was 0.1605 in 2007.
- What is the lowest deficit, percent of own spending recorded in Spain?
- The lowest recorded value was -1.11 in 2009.
- How does Spain rank for deficit, percent of own spending?
- Spain ranks 65th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Spain?
- Over the last ten years it is down 46.6%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.