Spain's 2014 public debt at 98.1% of GDP, exceeds estimates

7% higher than December 2013

17 February, 15:12

    (ANSAmed) - MADRID, FEBRUARY 17 - Spain ended 2014 with public debt at 1.03 trillion euros, equal to 98.1% of GDP and higher than the 97.1% target. The figures were released on Tuesday by the Bank of Spain.

    In December debt rose by 10.8 billion euros, a 1.06% increase on the previous month and 7% more than December 2013. Since the beginning of the economic crisis in 2008, Spanish debt has increased from 40% of GDP to 98.1% as of December.


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