Bhutan vs Spain: Central government debt, total

Bhutan
111.0%
in 2020
Spain
105.6%
in 2024
Bhutan rank
6th
Spain rank
8th

Central government debt, total over time

  • Bhutan
  • Spain
05001.0k1.5k2.0k197019972024

How they compare

Bhutan currently reports 111.0% against 105.6% in Spain, a difference of 5.4%.

That makes Bhutan's figure about 1.1 times Spain's.

The two have swapped places 3 times across 31 shared years of data; in 1990 it was Bhutan ahead.

Bhutan ranks 6th and Spain ranks 8th of 83 countries.

Across the 4 decades both report, Bhutan averaged higher in 1 and Spain in 3.

Head to head by decade

Decade Bhutan Spain Difference Ahead
1990s 39.1% 51.2% 12.1% Spain
2000s 61.5% 43.9% 17.5% Bhutan
2010s 80.5% 91.8% 11.3% Spain
2020s 111.0% 139.0% 27.9% Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher central government debt, total, Bhutan or Spain?
Bhutan, at 111.0% against 105.6% in Spain as of 2020.
What is the difference in central government debt, total between Bhutan and Spain?
5.4%, with Bhutan ahead.
How many years of comparable data are there for Bhutan and Spain?
31 years are reported by both, from 1990 to 2020.
How do Bhutan and Spain rank globally for central government debt, total?
Bhutan ranks 6th and Spain ranks 8th of 83 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bhutan vs Spain: Central government debt, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 13 September 2026, from https://economy.statizoid.com/compare/central-government-debt-total-percent-of-gdp/bhutan/spain/

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About this data

Indicator
Central government debt, total (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 1,726 data points, 1970–2024
Last refreshed

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.