Vertical fiscal imbalance, Percent (Central government) in Spain
Spain: Vertical fiscal imbalance, Percent (Central government) 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 (Central government) 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% |
Spain compared with similar countries
- Spain's -0.5758 is below the median for high income countries, which is -0.1062, 5.4× the median. (27 countries reporting)
- Spain's -0.5758 is below the median for Europe & Central Asia, which is -0.1454, 4.0× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Vertical fiscal imbalance, Percent (Central government) 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 |
|---|---|---|---|
| 2013 | -360.7% | -0.1463 | -0.674 |
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
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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.
Download this data
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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.