Interest payments in Spain

Spain: Interest payments was 5.9% in 2023. ◆ Volatile

Latest (2023)
5.9%
Change on year
up 0.5%
World rank
82nd
of 152 countries
All-time high
12.5%
in 1994
All-time low
0.9%
in 1981
Years of data
43
1972–2023

Interest payments in Spain, 1972–2023

02.557.51012.51972199720231972: 2.7 % of expense1973: 3 % of expense1974: 2.4 % of expense1975: 2 % of expense1976: 1.8 % of expense1977: 1.9 % of expense1978: 2 % of expense1979: 2 % of expense1980: 0.965 % of expense1981: 0.947 % of expense1982: 1.5 % of expense1983: 4 % of expense1984: 6 % of expense1985: 9.3 % of expense1986: 10.4 % of expense1987: 9.3 % of expense1988: 9.3 % of expense1989: 9 % of expense1990: 9.3 % of expense1991: 10.2 % of expense1992: 10.2 % of expense1993: 11.5 % of expense1994: 12.5 % of expense2004: 6.1 % of expense2005: 5.3 % of expense2006: 4.8 % of expense2007: 4.5 % of expense2008: 4.1 % of expense2009: 4.1 % of expense2010: 4.7 % of expense2011: 6 % of expense2012: 6.2 % of expense2013: 8.4 % of expense2014: 9.2 % of expense2015: 7.9 % of expense2016: 7.3 % of expense2017: 7.1 % of expense2018: 6.8 % of expense2019: 6.2 % of expense2020: 4.9 % of expense2021: 4.9 % of expense2022: 5.9 % of expense2023: 5.9 % of expense

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.

Analysis

In 2023, interest payments in Spain stood at 5.9%.

Compared with earlier readings it is up 0.5% on the previous year and down 29.3% over ten years.

Over the whole period, interest payments in Spain peaked at 12.5% in 1994 and was at its lowest, 0.9%, 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.2% 1.8% 3.0% 8
1980s 6.1% 0.9% 10.4% 10
1990s 10.7% 9.3% 12.5% 5
2000s 4.8% 4.1% 6.1% 6
2010s 7.0% 4.7% 9.2% 10
2020s 5.4% 4.9% 5.9% 4

Countries ranked near Spain

  1. 79 Madagascar 6.3% compare
  2. 80 Peru 6.1% compare
  3. 81 Mongolia 6.0% compare
  4. 83 San Marino 5.9% compare
  5. 84 Georgia 5.9% compare
  6. 85 Ukraine 5.8% compare

See the full ranking of 193 places →

More public sector data for Spain

All data for Spain →

Frequently asked questions

What is interest payments in Spain?
Interest payments in Spain was 5.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest interest payments recorded in Spain?
The highest recorded value was 12.5% in 1994.
What is the lowest interest payments recorded in Spain?
The lowest recorded value was 0.9% in 1981.
How does Spain rank for interest payments?
Spain ranks 82nd out of 152 countries with data for 2023.
Is 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 Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.

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CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.