Catalonia’s net contribution to Spanish redistributive fiscal system up to 5% of its GDP

Some €9.9 billion was allocated to compensate Spain’s regional economic imbalances in 2014, according to Spanish Tax Ministry

Spanish Finance minister Cristobal Montoro (by ACN)
Spanish Finance minister Cristobal Montoro (by ACN) / ACN

ACN | Madrid

September 8, 2017 09:10 PM

Catalonia’s net contribution —that is, the fiscal deficit, or difference between the amount it pays into Spain's coffers and what it gets back in spending— to Spain's fiscal system increased to €9.892 billion in 2014, according to data published by the Spanish Finance Ministry on Thursday. The input accounted for more than 5% of Catalonia’s GDP at the time, and cost each Catalan citizen €1,317.

Spanish figures show the imbalance has increased in recent years. In 2012, Catalonia contributed €7.7 billion more than it received back, which accounted for 3.9% of its GDP at the time. The following year, Catalonia’s fiscal deficit increased to €8.8 billion, more than 4.5% of its economy.