Budget balance in Spain 2029
The budget balance in Spain was forecast to decrease between 2024 and 2029 by in total 8.5 billion Euros (16.75 percent). This overall decrease does not happen continuously, notably not in 2028. The budget balance is estimated to amount to -59.24 billion Euros in 2029.
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 the share in the global GDP adjusted for purchasing power parity, the number of employed people, and the budget balance in relation to the gross domestic product.
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 the share in the global GDP adjusted for purchasing power parity, the number of employed people, and the budget balance in relation to the gross domestic product.
