Spain vs United States of America: Government debt by instrument coverage — SDRs, currency and deposits
Government debt by instrument coverage — SDRs, currency and deposits over time
- Spain
- United States of America
How they compare
United States of America currently reports 125.27 Percentage of GDP against 108.86 Percentage of GDP in Spain, a difference of 16.41 Percentage of GDP.
That makes United States of America's figure about 1.2 times Spain's.
The two have swapped places 6 times across 32 shared years of data; in 1995 it was United States of America ahead.
Spain ranks 7th and United States of America ranks 4th of 20 countries.
Across the 4 decades both report, Spain averaged higher in 1 and United States of America in 3.
Head to head by decade
| Decade | Spain | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 67.49 Percentage of GDP | 66.74 Percentage of GDP | 0.7517 Percentage of GDP | Spain |
| 2000s | 51.62 Percentage of GDP | 62.11 Percentage of GDP | 10.49 Percentage of GDP | United States of America |
| 2010s | 97.82 Percentage of GDP | 101.36 Percentage of GDP | 3.54 Percentage of GDP | United States of America |
| 2020s | 118.04 Percentage of GDP | 121.18 Percentage of GDP | 3.15 Percentage of GDP | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government debt by instrument coverage — sdrs, currency and deposits, Spain or United States of America?
- United States of America, at 125.27 Percentage of GDP against 108.86 Percentage of GDP in Spain as of 2026.
- What is the difference in government debt by instrument coverage — sdrs, currency and deposits between Spain and United States of America?
- 16.41 Percentage of GDP, with United States of America ahead.
- How many years of comparable data are there for Spain and United States of America?
- 32 years are reported by both, from 1995 to 2026.
- How do Spain and United States of America rank globally for government debt by instrument coverage — sdrs, currency and deposits?
- Spain ranks 7th and United States of America ranks 4th of 20 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Government debt by instrument coverage — SDRs, currency and deposits, debt securities, loans and other accounts payable. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The magnitude of government debt and debt-to-GDP ratios varies depending on which measure of debt is used. To promote international comparability, the IMF, the OECD and the World Bank have agreed on a set of standard debt measures, which are defined in the Public Sector Debt Statistics Guide for Compilers and Users and the Government Finance Statistics Manual 2014. Government gross debt is shown in four categories: D1 to D4. D1 is the narrowest measure, comprising only two financial instruments: debt securities and loans. D4 (‘total gross debt’) is the broadest measure and includes debt securities, loans, Special Drawing Rights, currency and deposits, other accounts payable and insurance, pensions and standardised guarantees. The D1 to D3 measures are comparable between OECD countries. D4 is the preferred measure of debt in the international accounting standards (System of National Accounts or SNA) but cross-country comparability is more difficult for D4 because countries have different approaches to recording unfunded pension liabilities for government employees. For more information, please see the document: Measuring Government Debt: D1-D4