MADRID, 28 Abr. (EUROPA PRESS) -

The Government calculates that, by 2026, public revenue will reach a record figure of 704,391 million euros, compared to the 611,907 million euros estimated for 2023, which will raise the percentage of public revenue over GDP from 43.4% of 2023 to 43.8% in 2026.

This is reflected in the 2023-2026 Stability Program that the Government has sent to the European Commission, in which it incorporates the macroeconomic and fiscal perspectives for that period.

The Executive projects a tax collection of 359,080 million euros for this year, with growth of 8.8% over 2022, although more moderate than the 11.4% achieved over 2021. The Government expects this "dynamic" growth of taxes will be maintained until 2026, but with "a progressive slowdown".

Thus, it calculates that tax revenue growth rates of 7.4%, 5.2% and 4.9% will be reached for 2024, 2025 and 2026 respectively, achieving at the end of the period an amount of 425,240 million euros. , compared to 385,499 million euros in 2024.

This projection will lead to an increase in the ratio of taxes to GDP from 25.8% to 26.5%.

The Government specifies in the Stability Program that this slowdown in tax growth coincides with the cyclical profile of GDP, both in real and nominal terms.