Spain Sets a New Record for Contributory Pension Spending, Exceeding 189 Billion Euros in 2025

The increase in contributory pension expenditure in Spain is a phenomenon that responds to various demographic and economic dynamics. Among these, the aging of the population is the most significant. According to data from the National Institute of Statistics (INE), Spain is one of the European Union countries with the highest life expectancy, which, while being positive news, also poses challenges for the pension system. As more people reach retirement age and live longer years, the number of pensioners increases, and with it, the total expenditure on pensions. Moreover, it is worth noting that the pension system in...