Spain's public debt fell to the equivalent of 107.7% of the country's gross domestic product (GDP) at the end of the fourth quarter, the Bank of Spain said on Wednesday.

Spain's debt-to-GDP ratio at the end of the fourth quarter was lower than the 111.6% registered in the same period in 2022 and also lower than the 109.8% at the end of the third quarter of 2023, the central bank said. (Reporting by Matteo Allievi, editing by Pietro Lombardi)