spanish

Catalonia’s public debt represents 15.4% of its GDP in 3rd term of 2010

December 17, 2010 09:58 PM | CNA / Josep Molina

For the whole of Spain, Autonomous Communities’ public debt represents 10.2% of Spain’s GDP in the 3rd term of 2010. It is the highest it has been since 1990. However, the largest part of the public debt comes from the Spanish Government, which represents 44.1% of Spain’s GDP. Finally, public debt from local public administrations only represented 3.4% of Spain’s GDP. In total, Spain’s public debt represents 57.7% of the country’s GDP, much lower than in the UK, Germany or Ireland.