Net lending (+) / net borrowing (-) in Spain

Spain: Net lending (+) / net borrowing (-) was -50.45 billion current LCU in 2024. ◆ Volatile

Latest (2024)
-50.45 billion current LCU
Change on year
down 49.0%
World rank
96th
of 156 countries
All-time high
53.31 billion current LCU
in 2001
All-time low
-109.62 billion current LCU
in 2020
Years of data
53
1972–2024

Net lending (+) / net borrowing (-) in Spain, 1972–2024

-100.0B-50.0B050.0B197219982024

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for net lending (+) / net borrowing (-) in Spain is -50.45 billion current LCU, measured in 2024.

The figure is down 49.0% on the previous year and down 2.8% over ten years.

Over the whole period, net lending (+) / net borrowing (-) in Spain peaked at 53.31 billion current LCU in 2001 and was at its lowest, -109.62 billion current LCU, in 2020.

Spain ranks 96th of 156 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.

Net lending (+) / net borrowing (-) in Spain, year by year

Annual values for Net lending (+) / net borrowing (-) (current LCU) in Spain, 1972 to 2024.
Year current LCU Change
1972 44.47 million current LCU
1973 114.79 million current LCU +158.1%
1974 34.86 million current LCU -69.6%
1975 52.29 million current LCU +50.0%
1976 -63.11 million current LCU -220.7%
1977 -109.98 million current LCU +74.3%
1978 -543.92 million current LCU +394.5%
1979 -1.39 billion current LCU +155.7%
1980 -2.27 billion current LCU +63.2%
1981 -3.12 billion current LCU +37.3%
1982 -5.93 billion current LCU +90.1%
1983 -6.62 billion current LCU +11.7%
1984 -7.73 billion current LCU +16.8%
1985 -10.39 billion current LCU +34.4%
1986 -8.06 billion current LCU -22.4%
1987 -6.67 billion current LCU -17.3%
1988 -6.38 billion current LCU -4.4%
1989 -4.67 billion current LCU -26.8%
1990 -8.52 billion current LCU +82.5%
1991 -10.65 billion current LCU +24.9%
1992 -13.49 billion current LCU +26.6%
1993 -26.08 billion current LCU +93.4%
1994 -26.19 billion current LCU +0.4%
1995 8.57 billion current LCU -132.7%
1996 -11.66 billion current LCU -236.1%
1997 20.27 billion current LCU -273.8%
1998 28.93 billion current LCU +42.8%
1999 38.44 billion current LCU +32.8%
2000 43.77 billion current LCU +13.9%
2001 53.31 billion current LCU +21.8%
2002 12.14 billion current LCU -77.2%
2003 9.06 billion current LCU -25.4%
2004 1.96 billion current LCU -78.4%
2005 23.51 billion current LCU +1099.6%
2006 31.02 billion current LCU +32.0%
2007 37.72 billion current LCU +21.6%
2008 -22.76 billion current LCU -160.3%
2009 -87.99 billion current LCU +286.6%
2010 -49.79 billion current LCU -43.4%
2011 -35.55 billion current LCU -28.6%
2012 -98.87 billion current LCU +178.2%
2013 -63.35 billion current LCU -35.9%
2014 -49.05 billion current LCU -22.6%
2015 -39.88 billion current LCU -18.7%
2016 -45.39 billion current LCU +13.8%
2017 -35.62 billion current LCU -21.5%
2018 -30.79 billion current LCU -13.6%
2019 -34.69 billion current LCU +12.7%
2020 -109.62 billion current LCU +216.0%
2021 -82.26 billion current LCU -25.0%
2022 -43.56 billion current LCU -47.0%
2023 -33.87 billion current LCU -22.3%
2024 -50.45 billion current LCU +49.0%

Spain compared with similar countries

  • Spain's -50.45 billion current LCU is below the median for high income countries, which is -2.76 billion current LCU, 18.3× the median. (57 countries reporting)
  • Spain's -50.45 billion current LCU is below the median for Europe & Central Asia, which is -6.97 billion current LCU, 7.2× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Net lending (+) / net borrowing (-) 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.

YearChange FromTo
2005 +1099.6% 1.96 billion current LCU 23.51 billion current LCU
1978 -394.5% -109.98 million current LCU -543.92 million current LCU

Averages by decade

DecadeAverage LowestHighest Years
1970s -232.67 million current LCU -1.39 billion current LCU 114.79 million current LCU 8
1980s -6.18 billion current LCU -10.39 billion current LCU -2.27 billion current LCU 10
1990s -38.30 million current LCU -26.19 billion current LCU 38.44 billion current LCU 10
2000s 10.17 billion current LCU -87.99 billion current LCU 53.31 billion current LCU 10
2010s -48.30 billion current LCU -98.87 billion current LCU -30.79 billion current LCU 10
2020s -63.95 billion current LCU -109.62 billion current LCU -33.87 billion current LCU 5

Countries ranked near Spain

  1. 93 Sweden -43.01 billion current LCU compare
  2. 94 Iceland -47.09 billion current LCU compare
  3. 95 Burundi -47.83 billion current LCU compare
  4. 97 Mauritius -56.16 billion current LCU compare
  5. 98 Central African Republic -56.35 billion current LCU compare
  6. 99 Jamaica -60.51 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Spain

All data for Spain →

Frequently asked questions

What is net lending (+) / net borrowing (-) in Spain?
Net lending (+) / net borrowing (-) in Spain was -50.45 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest net lending (+) / net borrowing (-) recorded in Spain?
The highest recorded value was 53.31 billion current LCU in 2001.
What is the lowest net lending (+) / net borrowing (-) recorded in Spain?
The lowest recorded value was -109.62 billion current LCU in 2020.
How does Spain rank for net lending (+) / net borrowing (-)?
Spain ranks 96th out of 156 countries with data for 2024.
Is net lending (+) / net borrowing (-) rising or falling in Spain?
Over the last ten years it is down 2.8%. 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 lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.

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Net lending (+) / net borrowing (-) in Spain. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 22 September 2026, from https://public-sector.statizoid.com/stat/net-lending-net-borrowing-current-lcu/spain/

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About this data

Indicator
Net lending (+) / net borrowing (-) (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,460 data points, 1972–2024
Last refreshed

Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.