Data from Eurostat, the European Union's (EU) official statistics office, showed that Spain closed 2012 with the EU's highest public sector deficit as a percentage of GDP (gross domestic production).
It came in at 10.6% when international aid for the banking sector is included.
Excluding international funds for the country's banks, the public deficit ratio was 6.9%, less than the 7% estimate seen in April but greater than the 6.5% target set out by the Spanish government.
Elsewhere in the EU, Germany registered a public surplus of 0.1% in 2012. The lowest deficits were those in Estonia, Sweden (0.2%), Luxembourg (0.6%), and Bulgaria (0.8%).
As a whole the Eurozone's public sector deficit was 3.7% compared to 4.2% in the prior year. For the entire European Union, which includes countries that do not use the single currency, the public deficit was 4.4% in 2012, above the prior year's 3.9% mark.
Greece had the highest stock of debt, at 156.9%, followed by Italy (127%), Portugal (124.1%), and Ireland (117.4%). Spain's total debt increased to 86% in 2012 from 70.5% in 2011.
The Eurozone's public debt ratio was 90.6%. For the entire EU, public debt was 85.1%.
Source: LiveCharts
It came in at 10.6% when international aid for the banking sector is included.
Excluding international funds for the country's banks, the public deficit ratio was 6.9%, less than the 7% estimate seen in April but greater than the 6.5% target set out by the Spanish government.
Elsewhere in the EU, Germany registered a public surplus of 0.1% in 2012. The lowest deficits were those in Estonia, Sweden (0.2%), Luxembourg (0.6%), and Bulgaria (0.8%).
As a whole the Eurozone's public sector deficit was 3.7% compared to 4.2% in the prior year. For the entire European Union, which includes countries that do not use the single currency, the public deficit was 4.4% in 2012, above the prior year's 3.9% mark.
Greece had the highest stock of debt, at 156.9%, followed by Italy (127%), Portugal (124.1%), and Ireland (117.4%). Spain's total debt increased to 86% in 2012 from 70.5% in 2011.
The Eurozone's public debt ratio was 90.6%. For the entire EU, public debt was 85.1%.
Source: LiveCharts
