Almost 10 million euros: Tax revenue advances 16.3% until February. Surplus social security also increases.
The State registered a surplus of 2,098.1 million euros In February, an increase in the same period, according to data from the budget execution released on Monday by the Directorate-General of Budget (DGO).
“Public administrations (AP) presented, in February 2025, an surplus of 2,098.1 million euros, which represents a increase of 1,250.1 million euros Given the same period ”, reads in DGO.
This performance is due to a growth of revenue (11.1%) higher than expenditure (4.1%), explains the entity.
Taxes
A tax revenue of the state increased 16,3% Until February, to 9,642.9 million euroswith the climb to be justified by the behavior of the IVA, IRS and ISPalso according to the Directorate-General of the Budget (DGO).
The overall value of tax revenue collected by the state subsector in the accumulated two months of 2025 translates an increase 1,353.3 million euros (16.3%) compared to the same period.
According to DGO, the homologous climb was 6.1% in direct taxes, Explained “by the positive evolution of IRS revenue of 127.9 million euros (4.1%) and IRC revenue of 72.2 million euros (33.2%)”.
Already indirect taxes, The climb was 23.1% (below 25.7% homologous registered in January), explained above all by VAT behavior (which advanced 26.7% or 966.7 million euros) and the Tax on Petroliferous Products (ISP) that recorded an increase of 16.5% (plus 90 million euros) compared to the amount accounted for in February 2024.
Social security
The Social Security Balance registered an excess of 1,227.4 million euros Until February, above Of the 1,008.4 million euros in the same period of 2024, the synthesis of budgetary execution revealed.
According to the Document-General Document of the Budget (DGO), the effective expense was set at 5,908.1 million euros, when in the same period it was 5,569.3 million euros.
On the other hand, the effective revenue It reached 7,135.5 million euros, which compares to the 6,577.7 million euros accounted for the previous year.
In the period under analysis, we highlight rules such as the support for support Informal caregiver (35.5%), the solidarity complement to elderly (33.5%) and the pension survival (9,6%).
In the opposite direction appear, as an example, exceptional and temporary measures of COVID-19 (-91.9%), which have already been removed, and the complement to extraordinary support for children and young people (-95.3%).
Late payments
The late payments of Public entities have retreated to 341.6 million from euros until February.
“At the end of February, the late payments of public entities ascended to 341.6 million euros, which represents a decrease of 105.2 million From euros for the same period and an increase of 25.1 million euros compared to the previous month, ”says the report of the Directorate-General for Budget (DGO).
According to DGO, it is in the area of Health that there was the largest homologous decrease in delay payments, a reduction of 74.5 million euros, followed by Central administration excluding health subsector entities (-55.8 million euros), Local administration (-16.6 million euros) and Reclassified public entities (-5 million euros).
This reduction was “partially annulled by the increase recorded by the Regional Administration (46.7 million euros)”.
Already looking at the monthly variation, “the largest contribution is registered with EPE Health Units (19.2 million euros) and the regional administration (5.1 million euros)”, points to DGO.
