MADRID, March 27 (Xinhua) -- Spain's public debt increased by 4.7 percent year on year in 2023 to 1,574 billion euros (1,912 billion U.S. dollars), the Bank of Spain reported on Wednesday.
Spain's public debt-to-GDP ratio fell four percentage points in 2023 to 107.7 percent, partly due to the 2.5 percent growth in Spain's economy. The growth is also one of the highest rates in the eurozone, Economy Minister Carlos Cuerpo said on Tuesday.
