Spain | The 2018 payment under the common system for the financing of regions

Summary

This note analyzes the payment under the common system for the financing of autonomous communities for 2018, which was recently made public by the Ministry of Finance.

Key points

• Key points:
• The definitive funding to autonomous competences and corresponding tax contribution for the 2018 financial year is calculated using the data provided in this document. It also introduces some adjustments made to the official figures in order to make them more comparable between communities.
• The total volume under the common system for the definitive financing of autonomous communities, measured in terms of autonomous competences and corresponding tax contribution, increased by 8.2% in 2018 compared to 2017 due to the positive trends of regional tax revenues.
• The final section of the work also analyzes the evolution of resources subject to payment contributed by the system during the period 2017–2020.

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