Government deficit (−) or surplus (+): Spain vs Portugal
Annual · % of GDP
Source: Eurostat (gov_10dd_edpt1), retrieved 2026-10-16 · View on Eurostat · See technical sheet
Spain · 2025-2.4%13 of 27 in Europe
Portugal · 20250.7%5 of 27 in EuropeGap-3.1 ppSpain − Portugal
Trend
Open in the comparison tool → Country ranking →
| Period | Spain | Portugal | Gap |
|---|---|---|---|
| 2025 | -2.4% | 0.7% | -3.1 pp |
| 2024 | -3.2% | 0.6% | -3.8 pp |
| 2023 | -3.3% | 1.1% | -4.4 pp |
| 2022 | -4.6% | -0.3% | -4.3 pp |
| 2021 | -6.7% | -2.8% | -3.9 pp |
| 2020 | -9.9% | -5.8% | -4.1 pp |
| 2019 | -3.1% | 0.1% | -3.2 pp |
| 2018 | -2.6% | -0.4% | -2.2 pp |
| 2017 | -3.1% | -3.0% | -0.1 pp |
| 2016 | -4.2% | -1.9% | -2.3 pp |
Data analysis
In 2025, “Government deficit (−) or surplus (+)” stands at -2.4% in Spain and 0.7% in Portugal, a gap of -3.1 pp. A year earlier, the gap was -3.8 pp. In the European ranking, Spain is 13 and Portugal is 5 out of 27 countries.
Government deficit (−) or surplus (+): Spain vs other countries
- Austria
- Belgium
- Bulgaria
- Cyprus
- Czechia
- Germany
- Denmark
- Estonia
- Greece
- Finland
- France
- Croatia
- Hungary
- Ireland
- Italy
- Lithuania
- Luxembourg
- Latvia
- Malta
- Netherlands
- Poland
- Romania
- Sweden
- Slovenia
- Slovakia
- Euro area (20, until 2025)
- Euro area (21)
- European Union (27)
Other indicators: Spain vs Portugal
- Real GDP, year-on-year change (quarterly)
- GDP per capita in PPS relative to the EU27
- HICP, annual rate of change
- Core HICP (excluding energy, food, alcohol and tobacco)
- Government debt
- Economic sentiment indicator
- Unemployment rate
- Youth unemployment rate (under 25)
- Employment rate (20–64)
- Current account balance
- 10-year government bond yield