Growth without prosperity in pension Spain: spending already doubles income from social contributions in 18 provinces

Since 2000, Zamora's GDP per capita has increased significantly, but the province has lost 17.5% of its population. This paradox highlights a trend where economic growth is driven by depopulation rather than increased production. The study by Territorio y Prosperidad reveals that many provinces in Spain face similar challenges, with pension expenditures surpassing contributions in several areas. Young people are leaving these regions, leading to an aging population and potential future declines in pension numbers. The report warns that while GDP per capita may rise, it does not necessarily reflect true prosperity, as seen in provinces gaining population where GDP per capita growth is minimal. The authors suggest focusing on attracting investment and improving efficiency rather than merely increasing public spending.