Spain's public debt-to-GDP down to 117.7% in March from 118.7% in December
Spain's public debt ended the first quarter at the equivalent of 117.7% of gross domestic product, the Bank of Spain said on Tuesday.
Spain's debt-to-GDP ratio at the end of March was slightly lower than the 118.7% registered in late December and below the 121.8% at the end of the third quarter of 2021, the central bank said.
The government expects the debt-to-GDP ratio to fall to 115.2% by the end of this year.
