Spain Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Spain's interest payments to revenue was 6.04% in 2025, ranked 53rd globally. This represents a 5.2% decrease from 2024. Data from World Bank, covering 1972–2025.
Overview
Spain's interest payments to revenue stood at 6.04% in 2025, a decline of +0.33pp from 2023. Based on recent trends, this figure is projected to reach 6.04% by 2025. Spain ranked 53rd globally.
Spain's interest payments to revenue ratio has fluctuated significantly over the past 44 years, reflecting the country's varying fiscal management strategies. At its peak in 1994, the ratio reached 14.67%, a level that would have serious implications for the government's ability to fund its operations. Conversely, the trough in 1981 saw the ratio dip to a mere 1.01%, a period of relative fiscal stability. In the more recent past, Spain's interest payments to revenue ratio has stabilized, with a latest reading of 6.04% in 2025, ranking 53rd globally. This is comparable to Nicaragua's ratio, which is marginally higher at 6.07%. The ratio has been trending downward since the 1994 peak, indicating a gradual improvement in Spain's fiscal management. However, any significant increase in borrowing costs or decrease in revenue could alter this trajectory, potentially pushing the ratio higher and constraining the government's ability to invest in key areas.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 5.95% | - | - |
| 2025* trend | 6.04% | - | - |
| 2025 | 6.04% | −0.33pp | #53 |
| 2023 | 6.37% | −0.07pp | #51 |
| 2022 | 6.44% | +0.50pp | #65 |
| 2021 | 5.94% | −0.49pp | #65 |
| 2020 | 6.43% | −0.40pp | #72 |
| 2019 | 6.83% | −0.57pp | #83 |
| 2018 | 7.41% | −0.54pp | #80 |
| 2017 | 7.95% | −0.46pp | #85 |
| 2016 | 8.41% | −0.53pp | #90 |
| 2015 | 8.94% | −1.77pp | #100 |
| 2014 | 10.72% | +0.58pp | #111 |
| 2013 | 10.13% | +2.04pp | #102 |
| 2012 | 8.09% | +1.41pp | #88 |
| 2011 | 6.68% | +1.30pp | #80 |
| 2010 | 5.38% | +0.01pp | #62 |
Detected Pattern
Analysis
Spain matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Spain's interest payments to revenue was 6.04% in 2025. Ranked 53rd globally. This represents a 5.2% decrease from the previous year.
Spain's interest payments to revenue peaked at 14.67% in 1994.
The lowest interest payments to revenue in Spain was 1.01% in 1981.
Spain ranks 53rd globally in interest payments to revenue as of 2025.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
Spain's interest payments to revenue is projected to reach 6.04% by 2025 based on trend extrapolation.
The interest payments to revenue of Spain in 2025 was 6.04%. This ranks 53rd in the world.
Cite this page
@misc{historysaid_spain_interest-to-revenue,
title = {Spain Interest Payments to Revenue},
url = {https://historysaid.com/spain/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}