Spain’s Public Deficit Falls to 2.2% in 2025

Spain’s economy did well in 2025. The country’s budget deficit was 2.2% of its economy. This is the lowest level in eighteen years.
Spain’s government achieved its financial goals in 2025. The country’s public debt decreased to a low level. Government revenue increased by 10.4%. However, the regional governments had much bigger budget problems. Their deficits increased significantly, rising to 0.39% of the GDP.
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Highlights
Spain's Deficit Reduction
Spain’s public deficit reached 2.2% of GDP in 2025, the lowest in 18 years.
Revenue Increase
Spain’s government revenue increased by 10.4% in 2025.
Debt Reduction
Spain’s public debt decreased to 100.7% of GDP.
Autonomous Communities' Deficit
The autonomous communities doubled their deficits, rising to 0.39% of GDP.
Deficit Amount Increase
The regional governments’ deficit rose from 3.235 billion to 6.650 billion euros.