Net incurrence of liabilities, total (current LCU) in Spain
Spain: Net incurrence of liabilities, total (current LCU) was 65.74 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Spain, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Spain recorded 65.74 billion current LCU for net incurrence of liabilities, total in 2024.
The figure is up 3.0% on the previous year and down 5.1% over ten years.
Over the whole period, net incurrence of liabilities, total in Spain peaked at 185.16 billion current LCU in 2012 and was at its lowest, -8.29 billion current LCU, in 2007.
That places Spain 64th out of 136 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (current LCU) in Spain, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 265.05 million current LCU | — |
| 1973 | 134.03 million current LCU | -49.4% |
| 1974 | 413.50 million current LCU | +208.5% |
| 1975 | 682.15 million current LCU | +65.0% |
| 1976 | 697.17 million current LCU | +2.2% |
| 1977 | 1.62 billion current LCU | +131.8% |
| 1978 | 1.45 billion current LCU | -10.2% |
| 1979 | 2.85 billion current LCU | +96.1% |
| 1980 | 3.75 billion current LCU | +31.6% |
| 1981 | 5.25 billion current LCU | +40.0% |
| 1982 | 6.86 billion current LCU | +30.8% |
| 1983 | 9.95 billion current LCU | +45.1% |
| 1984 | 13.46 billion current LCU | +35.3% |
| 1985 | 11.98 billion current LCU | -11.0% |
| 1986 | 9.20 billion current LCU | -23.2% |
| 1987 | 9.02 billion current LCU | -1.9% |
| 1988 | 9.08 billion current LCU | +0.6% |
| 1989 | 6.86 billion current LCU | -24.4% |
| 1990 | 17.51 billion current LCU | +155.3% |
| 1991 | 11.73 billion current LCU | -33.0% |
| 1992 | 15.19 billion current LCU | +29.5% |
| 1993 | 41.01 billion current LCU | +169.9% |
| 1994 | 18.76 billion current LCU | -54.3% |
| 1995 | 30.09 billion current LCU | +60.4% |
| 1996 | 39.03 billion current LCU | +29.7% |
| 1997 | 14.84 billion current LCU | -62.0% |
| 1998 | 18.10 billion current LCU | +22.0% |
| 1999 | 15.17 billion current LCU | -16.2% |
| 2000 | 12.18 billion current LCU | -19.7% |
| 2001 | -2.60 billion current LCU | -121.4% |
| 2002 | 4.25 billion current LCU | -263.2% |
| 2003 | -6.52 billion current LCU | -253.5% |
| 2004 | 4.62 billion current LCU | -170.8% |
| 2005 | -1.79 billion current LCU | -138.7% |
| 2006 | -1.98 billion current LCU | +11.0% |
| 2007 | -8.29 billion current LCU | +317.9% |
| 2008 | 43.44 billion current LCU | -624.0% |
| 2009 | 118.94 billion current LCU | +173.8% |
| 2010 | 50.80 billion current LCU | -57.3% |
| 2011 | 68.67 billion current LCU | +35.2% |
| 2012 | 185.16 billion current LCU | +169.6% |
| 2013 | 86.52 billion current LCU | -53.3% |
| 2014 | 69.24 billion current LCU | -20.0% |
| 2015 | 59.28 billion current LCU | -14.4% |
| 2016 | 47.12 billion current LCU | -20.5% |
| 2017 | 67.97 billion current LCU | +44.2% |
| 2018 | 59.15 billion current LCU | -13.0% |
| 2019 | 38.60 billion current LCU | -34.8% |
| 2020 | 144.91 billion current LCU | +275.4% |
| 2021 | 121.75 billion current LCU | -16.0% |
| 2022 | 90.63 billion current LCU | -25.6% |
| 2023 | 63.81 billion current LCU | -29.6% |
| 2024 | 65.74 billion current LCU | +3.0% |
Spain compared with similar countries
- Spain's 65.74 billion current LCU is above the median for high income countries, which is 9.91 billion current LCU, 6.6× the median. (41 countries reporting)
- Spain's 65.74 billion current LCU is above the median for Europe & Central Asia, which is 14.60 billion current LCU, 4.5× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (current LCU) 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 |
|---|---|---|---|
| 2008 | +624.0% | -8.29 billion current LCU | 43.44 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.01 billion current LCU | 134.03 million current LCU | 2.85 billion current LCU | 8 |
| 1980s | 8.54 billion current LCU | 3.75 billion current LCU | 13.46 billion current LCU | 10 |
| 1990s | 22.14 billion current LCU | 11.73 billion current LCU | 41.01 billion current LCU | 10 |
| 2000s | 16.23 billion current LCU | -8.29 billion current LCU | 118.94 billion current LCU | 10 |
| 2010s | 73.25 billion current LCU | 38.60 billion current LCU | 185.16 billion current LCU | 10 |
| 2020s | 97.37 billion current LCU | 63.81 billion current LCU | 144.91 billion current LCU | 5 |
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Frequently asked questions
- What is net incurrence of liabilities, total in Spain?
- Net incurrence of liabilities, total in Spain was 65.74 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Spain?
- The highest recorded value was 185.16 billion current LCU in 2012.
- What is the lowest net incurrence of liabilities, total recorded in Spain?
- The lowest recorded value was -8.29 billion current LCU in 2007.
- How does Spain rank for net incurrence of liabilities, total?
- Spain ranks 64th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Spain?
- Over the last ten years it is down 5.1%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.