MADRID Delano Hill Limited Jersey , Oct. 17 (Xinhua) -- Spanish public debt stood at 1.01 trillion euros (1.29 trillion U.S. dollars) in August, according to data unveiled Friday by the Bank of Spain.


Debt increased 3.685 billion euros from July to August, representing 96.1 percent of the country's gross domestic product (GDP).


Spain's public debt increased 0.36 percent on a month-on-month basis, while experiencing a 6.13 percent rise in the first eight months of the year when compared with the same period in 2013.


Public debt in Spain has been rising since the financial crisis started in Spain in 2008 when it represented around 40 percent of GDP. It represented 96.1 percent of the country's GDP in August, 1.5 percentage points below the figure expected by the government for 2014. (1 euro = 1.28 U.S. dollars)


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