Information portal of Spain

 

The state budget in Spain

.

The state budget in SpainThe public sector of the Spanish economy is mainly responsible for inflation. Vremenami there is a significant budget deficit, and then the government takes much credit for his coverage. Total expenses in 1992 amounted to 131.9 billion dollars.

To cover the national debt was going about 14% of all costs, health care - about 12%, education and public works - to 7%, and the military costs - 5%. Revenues in Spain were 120.7 billion value-added tax was giving 39%, income taxes - 38% tax on imported oil - 12%, and taxes on corporate profits - 10% of the total government revenue. In 1997, Spain's public debt was close to 68.1% of GDP.