Developments in Spanish public debt in 2023

Rationale This article analyses Spanish general government debt in 2023 based on the statistics prepared and published by the Banco de España and drawing comparisons with other euro area countries. Takeaways •In 2023 Spain’s public debt-GDP-ratio fell by 3.9 percentage points (pp) to 107.7%. •The ce...

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Detalles Bibliográficos
Autores: García-Moral, Blanca, Laporta-Corbera, M.ª Isabel
Tipo de recurso: artículo
Fecha de publicación:2024
País:España
Institución:Banco de España
Repositorio:Repositorio Institucional del Banco de España
OAI Identifier:oai:repositorio.bde.es:123456789/36855
Acceso en línea:https://repositorio.bde.es/handle/123456789/36855
Access Level:acceso abierto
Palabra clave:Public debt
Budget deficit
Liabilities
Financial assets
Contabilidad pública
Déficit presupuestario
Déficit y deuda públicos
H62
H63
H74
H81
Descripción
Sumario:Rationale This article analyses Spanish general government debt in 2023 based on the statistics prepared and published by the Banco de España and drawing comparisons with other euro area countries. Takeaways •In 2023 Spain’s public debt-GDP-ratio fell by 3.9 percentage points (pp) to 107.7%. •The central government remained the most indebted sub-sector, with a debt-to-GDP ratio of 98.1%. •The debt ratio for the euro area overall stood at 88.6% of GDP, down by 2.2 pp on 2022.