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Regional Wealth Inequality in Spain: Evidence from the Spain Wealth Atlas

Author

Listed:
  • Gustavo A Marrero

    (ULL - Universidad de La Laguna [Tenerife - SP], Equalitas)

  • Clara Martínez-Toledano

    (Imperial College London, WIL - World Inequality Lab, EsadeEcPol - Esade Centre for Economic Policy [Madrid])

  • Juan César Palomino

    (UCM - Universidad Complutense de Madrid = Complutense University of Madrid [Madrid], Equalitas, INET Oxford - Institute for New Economic Thinking at the Oxford Martin School)

  • Dmitry Petrov

    (Equalitas, UAH - Universidad de Alcalá [Alcalá de Henares, España] = University of Alcalá [Alcalá de Henares, Spain] = Université d'Alcalá [Alcalá de Henares, Espagne])

Abstract

This paper presents the first systematic analysis of regional wealth inequality in Spain. We do so by combining administrative fiscal data with household surveys and national accounts between 2016 and 2022. We document substantial regional disparities in both average household wealth and its concentration. Madrid stands out as the region with the highest average wealth and top 1% wealth share. Our findings are relevant in the Spanish institutional context, where autonomous communities exercise considerable control over wealth taxation and public expenditure.

Suggested Citation

  • Gustavo A Marrero & Clara Martínez-Toledano & Juan César Palomino & Dmitry Petrov, 2025. "Regional Wealth Inequality in Spain: Evidence from the Spain Wealth Atlas," Working Papers halshs-05500941, HAL.
    • Handle: RePEc:hal:wpaper:halshs-05500941
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-05500941v1
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