The 4.9 percent increase in tax revenue surpassed expenditure growth (4.5 percent), mainly because of direct taxes, which registered a year-on-year increase of 7.7 percent at the end of 2018.


According to the DGO, tax revenue registered an increase of 2.08 billion euros, totalling exactly 44.3 billion euros between January and December 2018.


Among indirect tax, corporate income tax saw a year-on-year increase in December of 10.2 percent of 587.5 million euros, for a total of 6.34 billion euros.