Interest payments in Spain
Spain: Interest payments was 6.5% in 2024. ◆ Volatile
Interest payments in Spain, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, interest payments in Spain stood at 6.5%.
That represents a change of up 2.9% on the previous year and down 39.0% over ten years.
Over the whole period, interest payments in Spain peaked at 14.7% in 1994 and was at its lowest, 1.0%, in 1981.
Spain ranks 80th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Spain, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 2.4% | — |
| 1973 | 2.7% | +12.5% |
| 1974 | 2.1% | -20.7% |
| 1975 | 1.9% | -13.5% |
| 1976 | 1.7% | -8.7% |
| 1977 | 1.8% | +5.0% |
| 1978 | 1.9% | +8.4% |
| 1979 | 2.1% | +8.0% |
| 1980 | 1.0% | -51.2% |
| 1981 | 1.0% | -0.6% |
| 1982 | 1.7% | +64.7% |
| 1983 | 4.5% | +172.8% |
| 1984 | 6.9% | +53.3% |
| 1985 | 10.9% | +57.7% |
| 1986 | 11.4% | +4.7% |
| 1987 | 9.8% | -14.4% |
| 1988 | 9.7% | -0.6% |
| 1989 | 9.0% | -7.6% |
| 1990 | 9.7% | +7.2% |
| 1991 | 10.6% | +10.2% |
| 1992 | 11.0% | +3.7% |
| 1993 | 13.5% | +22.5% |
| 1994 | 14.7% | +8.6% |
| 1995 | 11.4% | -22.3% |
| 1996 | 11.9% | +4.5% |
| 1997 | 10.8% | -9.0% |
| 1998 | 9.8% | -9.8% |
| 1999 | 8.1% | -17.4% |
| 2000 | 7.4% | -7.8% |
| 2001 | 6.9% | -7.1% |
| 2002 | 7.2% | +4.5% |
| 2003 | 6.6% | -8.9% |
| 2004 | 5.9% | -9.8% |
| 2005 | 4.7% | -20.3% |
| 2006 | 4.2% | -11.3% |
| 2007 | 3.9% | -7.9% |
| 2008 | 4.3% | +11.1% |
| 2009 | 5.4% | +25.0% |
| 2010 | 5.4% | +0.1% |
| 2011 | 6.7% | +24.1% |
| 2012 | 8.1% | +21.1% |
| 2013 | 10.1% | +25.3% |
| 2014 | 10.7% | +5.8% |
| 2015 | 8.9% | -16.6% |
| 2016 | 8.4% | -6.0% |
| 2017 | 7.9% | -5.5% |
| 2018 | 7.4% | -6.8% |
| 2019 | 6.8% | -7.7% |
| 2020 | 6.4% | -5.9% |
| 2021 | 5.9% | -7.6% |
| 2022 | 6.4% | +8.4% |
| 2023 | 6.4% | -1.3% |
| 2024 | 6.5% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.1% | 1.7% | 2.7% | 8 |
| 1980s | 6.6% | 1.0% | 11.4% | 10 |
| 1990s | 11.2% | 8.1% | 14.7% | 10 |
| 2000s | 5.7% | 3.9% | 7.4% | 10 |
| 2010s | 8.1% | 5.4% | 10.7% | 10 |
| 2020s | 6.3% | 5.9% | 6.5% | 5 |
Countries ranked near Spain
More public sector data for Spain
- Arms imports 148.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.03 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -16.85 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 148.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 503.91 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0143 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.33 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 24.62 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 356.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Spain?
- Interest payments in Spain was 6.5% in 2024, 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 14.7% in 1994.
- What is the lowest interest payments recorded in Spain?
- The lowest recorded value was 1.0% in 1981.
- How does Spain rank for interest payments?
- Spain ranks 80th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Spain?
- Over the last ten years it is down 39.0%. 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 revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.