Spain pensions to rise ~3.6% in 2027, sixth straight annual increase

Spanish contributory pensions are set to increase in January 2027, with analysts estimating a 3.6% rise based on average 2026 inflation, marking the sixth consecutive annual revaluation. The exact percentage will be confirmed in November and published in December. This continues Spain's established policy of indexing pensions to inflation, with minimum and non-contributory pensions expected to see larger increases.