Budget balance in Spain in relation to gross domestic product (GDP) 2028
The budget balance in relation to the gross domestic product in Spain was forecast to increase between 2023 and 2028 by in total 0.5 percentage points. This overall increase does not happen continuously, notably not in 2025. The budget balance is estimated to amount to -3.4 percent in 2028.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about Spain with key insights such as ratio of national debt to gross domestic product, budget balance and gross domestic product in current prices.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about Spain with key insights such as ratio of national debt to gross domestic product, budget balance and gross domestic product in current prices.
