Spain
Government finance and price level data from the World Bank WDI.
EU member state — view detailed Eurostat data →
Government finances
Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.
Government debt
105.6% GDP
2024
Govt expenditure
34% GDP
2023
Budget deficit
3.2% GDP
2024
Price level
Spain is 35.5% cheaper than the USA overall (2025). Index: USA = 100.
Overall price level
64.5(USA=100)
2025
Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only. Detailed category-level price data (EU27=100) available on the EU country page.
Tax rates
Labour tax wedge
22.9% of labour cost
2025
Top income tax rate
47%
2024
Corporate tax rate
25%
2024
Standard VAT rate
21%
2024
Statutory rates 2024: OECD Taxing Wages / EC Taxation Trends. Labour wedge: Eurostat earn_nt_taxrate (EEA/EU countries only).
Government debt since 2010
| Year | Debt (% GDP) | Change |
|---|---|---|
| 2010 | 50 | — |
| 2011 | 57.8 | +7.8 |
| 2012 | 77.4 | +19.7 |
| 2013 | 91.9 | +14.4 |
| 2014 | 104.9 | +13.1 |
| 2015 | 104.5 | -0.4 |
| 2016 | 106 | +1.5 |
| 2017 | 106.6 | +0.6 |
| 2018 | 107.2 | +0.6 |
| 2019 | 111.3 | +4.1 |
| 2020 | 139 | +27.7 |
| 2021 | 132.5 | -6.4 |
| 2022 | 109 | -23.5 |
| 2023 | 107.4 | -1.6 |
| 2024 | 105.6 | -1.8 |
Data sources
| Dataset | Source | Coverage |
|---|---|---|
| Govt debt / expenditure / revenue / surplus | World Bank WDI (GC.* indicators) | 2000–2024 |
| Price level index (USA=100) | World Bank WDI PPP/XR ratio | 1990–2023 |
| Labour tax wedge | Eurostat earn_nt_taxrate | EEA/EU only |
| Statutory tax rates | OECD / EC Taxation Trends 2024 | EU+EFTA only |