Government budget and revenue in Eivissa y Formentera (Balearic Islands, Spain): official figures
Gross income per resident in Eivissa and Formentera was €23,188 in 2024; income tax and social security contributions took 21.9% of it, more than the national share of 19.1% (3rd highest of 59).
How much debt does the Consell Insular d'Eivissa have?
The Consell Insular d'Eivissa, the island council, had outstanding debt of €927,000 at the end of 2025 (adding the Formentera island council, whose debt Hacienda reports inside Formentera town hall), about €5 per resident, 25th lowest of Spain's 51 provincial and island councils.
Source: Ministerio de Hacienda · saved copyMore figures
- Eivissa and Formentera accounted for 1% of the €104.9 million owed by the island councils of the Balearic Islands at the end of 2025. Source: Ministerio de Hacienda · saved copy
- Town halls across the Balearic Islands, which include Eivissa and Formentera, owed a combined €182.1 million at the end of 2025. Source: Ministerio de Hacienda · saved copy
- Island council debt in Eivissa and Formentera works out at €5 per resident, compared with a median of €7 across Spain's 51 provincial and island councils at the end of 2025. Source: Ministerio de Hacienda · saved copy
How Eivissa y Formentera compares with other provinces in Spain
Income tax and social contributions as a share of gross income (2024)
Eivissa y Formentera ranks 3 of 59, highest first.
| Rank | Area | Income tax and social contributions as a share of gross income |
|---|---|---|
| 1 | Madrid | 22.2% |
| 2 | Barcelona | 22.0% |
| 3 | Eivissa y Formentera | 21.9% |
| 4 | Mallorca | 20.6% |
| 5 | Menorca | 20.6% |
| 6 | Girona | 20.0% |
| 7 | Zaragoza | 19.6% |
Provincial or island council debt per resident (2025)
Eivissa y Formentera ranks 27 of 51, highest first. diputaciones, foral diputaciones, consells and cabildos; debt at 31 December 2025 divided by the 2024 population
| Rank | Area | Provincial or island council debt per resident |
|---|---|---|
| 24 | Fuerteventura | €9 |
| 25 | Albacete | €9 |
| 26 | Girona | €7 |
| 27 | Eivissa y Formentera | €5 |
| 28 | Sevilla | €3 |
| 29 | Zamora | €3 |
| 30 | Castellón/Castelló | €2 |
More on Eivissa y Formentera: overview · economy and jobs · poverty and living standards · Balearic Islands · Spain
Sources
- Instituto Nacional de Estadística (INE): Atlas de Distribución de Renta de los Hogares (ADRH) 2024: indicadores de renta media y mediana por provincias e islas, 2015-2024 (table 53689), read 23 October 2026 · saved copy (SHA-256 883851a1be5e…)
- Ministerio de Hacienda: Deuda viva de las Entidades Locales a 31/12/2025: ayuntamientos, diputaciones, consejos y cabildos insulares, read 23 October 2026 · saved copy (SHA-256 831355e52dd9…)
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