June 23, 2021

The public debt closes September with a record of 1,175,704 million

The public debt closes September with a record of 1,175,704 million



The overall debt of public administrations closed the third quarter of the year at 1,175,704 million euros, 11,736 million more than three months before, marking a new historical record.

This volume of debt is equivalent to 98.3% of GDP, two tenths above what it registered at the end of June but far from the 2014 maximum, when it exceeded 100% of GDP, according to the data published today by the Bank of Spain.

Most of the debt corresponds to the Central Administration, which ended September with 1,046,712 million euros, a new historical maximum, equivalent to 87.5% of GDP.

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