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New Study Puts Spain’s 2021 Monarchy Cost at €105 Million

The REMCO study calculates the full public outlay by aggregating costs across ministries beyond the Casa del Rey allocation.

Overview

  • The analysis estimates €104.89–€105 million in total spending for 2021, equivalent to about €2.2 per resident.
  • In absolute terms Spain trails Italy (€187m) and the UK (€166m) but exceeds Denmark (€62m) and Norway (€59m), with Germany (€39m) and Portugal (€17m) reporting the lowest figures that the authors caution may be understated.
  • Spain’s spending profile includes roughly €80m for personnel, €21m for goods and services, €55m for security and representation, and €31m for maintaining residences and installations.
  • Authors note gaps in data for support services provided by other bodies, especially security and transport such as planes and helicopters, which complicate precise totals.
  • The report was presented at the Ateneo de Madrid with a senior Zarzuela official in attendance, underscoring heightened scrutiny of monarchy-related public accounts.