In 2026, the Balearic Islands will have the highest payments on account registered so far, following the revision communicated by the Ministry of Finance during the Fiscal and Financial Policy Council. The community will receive 3,167 million euros, which represents an increase of 5.7% over the previous year. The update responds to the higher growth of the state collection, which improves the forecasts made in July.
According to the documentation sent to the autonomous regions, the total amount to be received by the Balearic Islands and the rest of the communities when adding the 2024 liquidation amounts to 4,206 million, 4.6% more than in 2025. The Executive maintains that the reinforcement will allow to attend to essential services, although the community still drags pending debates on the financing system and the distribution between territories.
An extra fiscal margin that will depend on the pace of the economy.
The regional deficit path for the period 2026-2028, set at -0.1%, opens the door for the Balearic Islands to have an additional 49.1 million in 2026, an amount that would grow to 53.2 million in 2028. This is a margin conditioned to the fulfillment of the fiscal objectives and the behavior of revenues.
Although the Treasury stresses that the territories will not have to apply extra adjustments once the target is reached, the real impact will depend on how spending, inflation and the Govern’s budgetary commitments evolve.
Context: precedents and funding levels
The Ministry recalls that in recent years the payments on account were maintained even in times of economic downturn and that during the pandemic extraordinary transfers to the autonomous regions were approved. The update for 2026 improves the previous forecast, but keeps open the debate on a reform of the system, a matter demanded by the Balearic Islands on several occasions due to its status as a contributor community.
