Government budget and revenue in Madrid, Spain: official figures
The consolidated 2026 budget of the Community of Madrid totals €33.27 billion, 3rd largest of 17 regional budgets and 11.8% of the combined budgets of the 17 autonomous communities; it is 5.3% up on 2025.
Does Madrid have a budget deficit?
The 2026 budget of the Community of Madrid plans a non-financial deficit of €52 million, equal to 0.01% of regional GDP (8th strongest balance of 17); the 17 communities together plan a surplus of €3.39 billion, 0.2% of GDP.
Source: Ministerio de Hacienda · saved copyHow much does Madrid spend on public sector salaries?
Non-financial revenue in the Community of Madrid's 2026 budget is €29.81 billion and non-financial spending €29.86 billion; staff costs take 36.8% of that spending (4th lowest of 17) and real investment 5.2%.
Source: Ministerio de Hacienda · saved copyHow much tax does Madrid collect?
Tax revenue (direct and indirect taxes) in the Community of Madrid's 2026 budget is €36.12 billion, 2nd largest of 17; its share of personal income tax (IRPF) is budgeted at €18.55 billion and its share of VAT at €11.54 billion.
Source: Ministerio de Hacienda · saved copyHow much debt does Madrid pay each year?
Debt service (interest plus repayments) takes €3.80 billion in the Community of Madrid's 2026 budget, 11.4% of total spending, against 14.8% across all communities; the budget plans new borrowing of €3.32 billion and repayments of €2.55 billion.
Source: Ministerio de Hacienda · saved copyHow much does Madrid raise from inheritance tax?
Among the taxes the Community of Madrid sets itself, the 2026 budget expects €457 million from inheritance and gift tax, €632 million from wealth tax and €2.11 billion from property transfer and stamp duty (ITP-AJD).
Source: Ministerio de Hacienda · saved copyHow Madrid compares with other autonomous communities
Regional government budget, 2026 (total spending, € billion) (2026)
Madrid ranks 3 of 17, highest first.
| Rank | Region | Regional government budget, 2026 (total spending, € billion) |
|---|---|---|
| 1 | Andalusia | €46.47bn |
| 2 | Catalonia | €45.96bn |
| 3 | Madrid | €33.27bn |
| 4 | Valencian Community | €32.23bn |
| 5 | Basque Country | €17.33bn |
| 6 | Galicia | €16.33bn |
| 7 | Castilla y León | €13.48bn |
Planned non-financial budget balance, 2026 (% of regional GDP) (2026)
Madrid ranks 8 of 17, highest first.
| Rank | Region | Planned non-financial budget balance, 2026 (% of regional GDP) |
|---|---|---|
| 5 | Murcia | +0.16% |
| 6 | Castilla-La Mancha | +0.11% |
| 7 | Aragón | +0.01% |
| 8 | Madrid | -0.01% |
| 9 | Valencian Community | -0.14% |
| 10 | Basque Country | -0.46% |
| 11 | Navarre | -0.59% |
Debt service (interest and repayments), share of the 2026 budget (2026)
Madrid ranks 9 of 17, highest first.
| Rank | Region | Debt service (interest and repayments), share of the 2026 budget |
|---|---|---|
| 6 | Castilla y León | 13.2% |
| 7 | Balearic Islands | 12.3% |
| 8 | Cantabria | 12.3% |
| 9 | Madrid | 11.4% |
| 10 | Galicia | 11.4% |
| 11 | La Rioja | 11.0% |
| 12 | Asturias | 9.9% |
More on Madrid: overview · economy and jobs · health · education and schools · poverty and living standards · government and politics · Spain
Sources
- Ministerio de Hacienda: Presupuestos Generales de las Comunidades Autónomas, año 2026 (resumen ejecutivo, published 31 March 2026), read 23 October 2026 · saved copy (SHA-256 81db80f35219…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.