Interest payments (% of revenue) in Spain
Spain: Interest payments (% of revenue) 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 (% of revenue) 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% |
Spain compared with similar countries
- Spain's 6.5% is above the median for high income countries, which is 3.9%, 1.7× the median. (55 countries reporting)
- Spain's 6.5% is above the median for Europe & Central Asia, which is 3.5%, 1.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Interest payments (% of revenue) 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 |
|---|---|---|---|
| 1983 | +172.8% | 1.7% | 4.5% |
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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 237.00 million SIPRI trend indicator values (2025)
- 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)
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.