Wednesday, 30 September 2026

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Public deficit reaches €32.892 billion by July, an increase of 1.8%

The public deficit, excluding municipalities, reaches €32.892 billion by July, up 1.8%, while regional debt hits a record €355.241 billion.

Álvaro Sáez Ferrer
Álvaro Sáez Ferrer
· 2 min read

The deficit of all public administrations, excluding local ones, amounted to €32.892 billion in the first seven months of the year, an increase of 1.8% compared to the same period in 2025, equivalent to 1.84% of GDP.

The accumulated public deficit of Spanish administrations, excluding local corporations, stood at €32.892 billion between January and July, representing an increase of 1.8% compared to the same period in 2025 and equivalent to 1.84% of GDP, according to data released this Wednesday and reported by Infobae.

Meanwhile, the debt of the autonomous communities fell to 20.4% of GDP in the second quarter of the year, five-tenths lower than a year earlier, although the absolute amount reached a record of €355.241 billion, a year-on-year increase of 3.8%, according to information published by the Bank of Spain.

Apart from public accounts, the US economy grew by 0.6% between April and June compared to the previous quarter, two-tenths above the second estimate from August, and 2.2% on an annual basis, seven-tenths higher.

In the energy sector, the price of petrol remains at annual highs, while diesel has stabilised around €1.93 per litre, on the eve of the new anti-crisis package from the Government, which extends the €0.20 discount for diesel until the end of the year and raises the petrol discount to that same amount.

The day also includes the publication of the monthly real estate statistics from the General Council of Notaries, with data on sales, mortgages granted, and housing prices.

In sports, the Spanish football team extended its record of victories to 40 consecutive matches without losing after defeating Croatia 4-1 in the second match of the Nations League group stage. Additionally, the New York Liberty became the first team to qualify for the WNBA semifinals, and the MotoGP World Championship is gearing up for the Japan Grand Prix at the Motegi circuit.

Álvaro Sáez Ferrer

Written by

Álvaro Sáez Ferrer

Redactor

Economista por ICADE y una de las pocas personas que disfruta leyendo la ley de presupuestos. Cafetero, padre a tiempo completo y azote de la letra pequeña; en Diario Empresas escribe de economía y fiscalidad.