Madrid, April 27 (EFE) .- Madrid is the region where less public debt grew between 2007 and 2014, an increase of 143.8% while borrowing in the Basque Country soared 1,288% over the same period, the head of the regional ranking.
That’s one of the conclusions reached by the report he has produced EAE Business School Data from the Bank of Spain in recent years, which also highlights the increase in debt on a 956% Murcia, Castile-La Mancha on a 602% or 459% of Cantabria.
According to the study, the regional public debt increased by 13% only in 2014 and now amounts to 23% of total debt of Spain, one point higher than a year earlier.
The main increases in the last year were those of Murcia, Andalusia and Extremadura, with increases of 22.33%, from 17.92% and 16.13%, respectively, while Navarra, Basque Country and Galicia accounted the best data with moderate increases of 1.13%, 6.92% and 7.14%, respectively.
At the end of 2014, debt of Valencia added the 37% of GDP, Castile-La Mancha 33.5% and 32.4% of Catalonia, while regions are less indebted Madrid, Basque Country and the Canary Islands, with rates of 12.5%, 13.9% and 14.5%, respectively.
The report also analyzes the percentage of public debt per person and extracts the Valencian, with 11,716 euros per capita, are the haves, followed by Galicia (9,058) and Catalan (8575).
At the other extreme Rioja (472 euros per person), Extremadura (618) and canaries (2,829) are located.
The growth of debt per capita in the last year has also been uneven. Andalusia, Asturias and the Canary Islands were the communities where more increased the amount of debt per capita, with increases of 19%, 14% and 16%
According to the report, in 2014 Madrid he led again the list of municipalities more indebted to 5.936 million euros, the report equates to half of the total debt of Ecuador, followed by Barcelona with a debt of 978 million euros and Zaragoza (817).
Instead, the consistory was Madrid’s adjusted its debt, with a drop of 15.6%, followed by Barcelona (11.9%) and Málaga (9%) although the capital of Spain is also maintained as the city where residents have a higher debt load, with 1,875 euros per capita, followed by Zaragoza and Malaga
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