Projection of General government gross debt for Spain
GGGDTPESA188N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.97
Year-over-Year Change
-8.69%
Date Range
1/1/2024 - 1/1/2030
Summary
The Projection of General government gross debt for Spain measures the total public debt of the Spanish government as a percentage of its gross domestic product (GDP).
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator provides insight into the fiscal health and sustainability of Spain's public finances. It is closely monitored by policymakers, investors, and international institutions to assess Spain's economic outlook and creditworthiness.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF).
Historical Context
The general government gross debt is a key metric used to evaluate a country's ability to repay its obligations and manage its fiscal policy.
Key Facts
- Spain's projected general government gross debt is 120.5% of GDP in 2023.
- The debt-to-GDP ratio has increased significantly since the global financial crisis of 2008.
- High public debt levels can constrain a government's ability to respond to economic shocks.
FAQs
Q: What does this economic trend measure?
A: The Projection of General government gross debt for Spain measures the total public debt of the Spanish government as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the fiscal health and sustainability of Spain's public finances, which is closely monitored by policymakers, investors, and international institutions to assess Spain's economic outlook and creditworthiness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: The general government gross debt is a key metric used to evaluate a country's ability to repay its obligations and manage its fiscal policy.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological updates of the International Monetary Fund (IMF).
Related Trends
International Trade: Exports: Value (Goods): Total for Spain
XTEXVA01ESA188S
Producer Prices Index: Type of Goods: Consumer Goods: Total for Spain
PITGCG01ESA661N
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for Spain
IGDSXEESM086NEST
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for Spain
LFIN64TTESA647S
Real Broad Effective Exchange Rate for Spain
RBESBIS
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Spain
ESPCP010000CTGYM
Citation
U.S. Federal Reserve, Projection of General government gross debt for Spain (GGGDTPESA188N), retrieved from FRED.