Andorra's 2026 Public Sector Budget Hits €2.09 Billion, Up 8.7% in Spending

Andorra's public sector budget for 2026 reaches €2.089,1 million in both aggregated expenditure and revenue, marking an 8,7% increase in spending and 8,5% rise in revenues compared to the previous year, according to data released Monday by the Department of Statistics.

Excluding financial assets and liabilities, core expenditure totals €1.990,3 million, up 9,6%, while revenues grow to €1.887,4 million, a 9,3% gain. Public administrations lead the expansion, with aggregated spending at €1.803,4 million—a 13,4% increase—and revenues matching that figure after a 13,1% uptick. On a non-financial basis, their expenditure hits €1.715,6 million (11,3% higher) and revenues €1.661,5 million (10,7% rise).

Within public administrations, the central government drives much of the growth at €808,6 million in spending, up 17,1%. Non-profit institutions allocate €162,2 million, a 11,5% increase, and non-market public companies €33,5 million, rising 3,1%. Revenues in these areas follow similar upward trends, particularly among non-profits. Local administrations project €257 million in expenditure, up 9,7%, while Social Security Funds reach €542,2 million, increasing 11,1%.

Non-financial public companies record declines in aggregated terms, with both expenditure and revenues at €278,2 million, down 13,2%. Excluding financial items, spending holds steady at €267,5 million, and revenues edge up 1,6% to €218,5 million. Public financial institutions see €7,4 million in expenditure and revenues—a 29,3% drop—though non-financial spending grows 4%.

The figures highlight an overall expansion in public accounts, propelled by public administrations and Social Security, despite reductions in certain state enterprises.