Vertical fiscal imbalance, Percent in Spain
Spain: Vertical fiscal imbalance, Percent was -0.5758 in 2020. ▼ Falling
Vertical fiscal imbalance, Percent in Spain, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, vertical fiscal imbalance, percent in Spain stood at -0.5758.
That represents a change of up 41.6% on the previous year and up 21.3% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Spain peaked at -0.1463 in 2012 and was at its lowest, -1.41, in 2007.
Spain ranks 56th of 64 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Vertical fiscal imbalance, Percent in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | -0.3021 | — |
| 1996 | -0.4407 | +45.9% |
| 1997 | -0.5351 | +21.4% |
| 1998 | -0.6169 | +15.3% |
| 1999 | -0.8036 | +30.3% |
| 2000 | -0.947 | +17.9% |
| 2001 | -1.06 | +12.2% |
| 2002 | -0.9842 | -7.4% |
| 2003 | -1.01 | +2.4% |
| 2004 | -0.9261 | -8.1% |
| 2005 | -1.25 | +34.9% |
| 2006 | -1.37 | +10.0% |
| 2007 | -1.41 | +2.4% |
| 2008 | -0.8783 | -37.5% |
| 2009 | -0.4819 | -45.1% |
| 2010 | -0.7321 | +51.9% |
| 2011 | -0.5473 | -25.2% |
| 2012 | -0.1463 | -73.3% |
| 2013 | -0.674 | +360.7% |
| 2014 | -0.7697 | +14.2% |
| 2015 | -0.8084 | +5.0% |
| 2016 | -0.8461 | +4.7% |
| 2017 | -0.9346 | +10.5% |
| 2018 | -0.9668 | +3.4% |
| 2019 | -0.9863 | +2.0% |
| 2020 | -0.5758 | -41.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.5397 | -0.8036 | -0.3021 | 5 |
| 2000s | -1.03 | -1.41 | -0.4819 | 10 |
| 2010s | -0.7412 | -0.9863 | -0.1463 | 10 |
| 2020s | -0.5758 | -0.5758 | -0.5758 | 1 |
Countries ranked near Spain
- 53 Austria -0.3456 compare
- 54 Republic of Korea -0.3885 compare
- 55 Russian Federation -0.4439 compare
- 57 Japan -0.6212 compare
- 58 Sweden -0.6223 compare
- 59 Republic of Moldova -0.6668 compare
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 vertical fiscal imbalance, percent in Spain?
- Vertical fiscal imbalance, percent in Spain was -0.5758 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Spain?
- The highest recorded value was -0.1463 in 2012.
- What is the lowest vertical fiscal imbalance, percent recorded in Spain?
- The lowest recorded value was -1.41 in 2007.
- How does Spain rank for vertical fiscal imbalance, percent?
- Spain ranks 56th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Spain?
- Over the last ten years it is up 21.3%. The long-run trend across the full record is falling.
- Where does this Spain data come from?
- The figures come from International Monetary Fund, published as part of Vertical fiscal imbalance, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.