Spain

GDP (Nominal)

Population

Madrid

Capital

EUR

Currency

Member Organizations

NATOG20UNOECDWTOIMFWorld BankAPEC

Government Revenue

Fiscal Year 2024

Government revenue breakdown by source

Spain Government Spending

Fiscal Year 2024

Government spending breakdown by category

Revenue SourcesShows the main sources of government income, helping to understand how the country funds its public services.

Impuesto sobre la Renta de las Personas Físicas (IRPF)116.00B EUR

Impuesto sobre el Valor Añadido (IVA)87.00B EUR

Impuesto de Sociedades27.00B EUR

Impuestos Especiales19.00B EUR

Cotizaciones Sociales (Social Contributions)150.00B EUR

Otros Ingresos no Tributarios32.00B EUR

Total Ingresos431.00B EUR

Spending AllocationShows how government funds are distributed across different sectors, revealing national priorities and commitments.

Pensiones Públicas190.00B EUR

Sanidad Pública90.00B EUR

Educación Pública59.00B EUR

Defensa15.00B EUR

Pago de Intereses de la Deuda32.00B EUR

Política de Vivienda y Urbanismo12.00B EUR

Otros gastos43.00B EUR

Gasto Total444.00B EUR

ControversiesFiscal controversies highlight political, social, or economic challenges that can affect a country's stability and future policy direction.

Recent adjustments to income tax brackets favoring middle incomes sparked debate on budgetary fairness and long-term revenue stability. Proposals for a wealth tax at the regional level remain contentious, with some autonomous communities advocating for new levies on high net worth individuals.

Spending EfficiencyMeasures how well public funds are used to achieve desired outcomes. High efficiency means more value for taxpayers and better services.

Spain’s universal health and education systems are well-ranked for coverage, but inefficiencies persist in hospital wait times and regional disparities in school performance. The OCDE recommends stronger program evaluation frameworks to redirect funding to highest-impact areas.

Debt to GDPShows the size of a country's government debt compared to its economy. High ratios may signal fiscal risk, while lower ratios suggest more sustainable finances.

Debt to GDP:110%

Government Debt:$1,782,099,000,000 USD

Tax Burden Per Capita (beta)Tax Burden Level:
Green (Low): Less than $10,000 per capitaOrange (Moderate): $10,000 - $20,000 per capitaRed (High): $20,000 - $30,000 per capitaPurple (Very High): Over $30,000 per capita

$9,700 USD8,533 EURLevel: Low