\n Cash in Euros. Credit: Pixabay, Pexels <\/p>\n
Spain\u2019s public debt stood at 103.4% of GDP in June 2025, marking a drop of 1.9 percentage points compared with the same month last year, according to the Banco de Espa\u00f1a.<\/strong><\/p>\n Spain\u2019s debt falls as borrowing still increases<\/strong><\/p>\n While the debt-to-GDP ratio declined, the total amount of debt in cash terms continued to rise. Spain\u2019s overall public debt reached \u20ac1.69 trillion, an increase of 4 per cent compared with June 2024.<\/p>\n The report added, \u2018The debt of the Social Security administrations stood at \u20ac126 billion, 8.6 per cent more than a year earlier and equal to 7.7 per cent of GDP.\u2019<\/p>\n Most Read on Euro Weekly News<\/p>\n Long-term borrowing drives the numbers<\/strong><\/p>\n Looking at the structure of the debt, long-term bonds and securities rose by 4.6 per cent compared with June 2024, while long-term loans declined by 0.5 per cent. Short-term debt instruments were also up, showing a 3.8 per cent increase year-on-year.<\/p>\n Even with its small decline, Spain\u2019s debt remains among the highest in the euro area. According to Eurostat, the average debt-to-GDP ratio across the eurozone was 88 per cent in early 2025.<\/p>\n The Banco de Espa\u00f1a confirmed that updated figures for July 2025 will be published on September 17, with detailed second-quarter statistics scheduled for September 30.<\/p>\n Spain\u2019s public debt has now fallen for the second consecutive year in relation to GDP.<\/p>\n View all finance news.<\/a><\/p>\n