The national minimum wage per month in Spain increased steadily over the last years. The minimum monthly wage grew by about 89 percent from 2008 to 2024, with salaries increasing from 600 euros a month to 1,134 euros a month in 2023. In 2019, the Socialist government of Spain passed a decree by which the national minimum wage would be given a boost of 164 euros, therefore making it stand at 900 euros per month as of that year, the largest increase to date.

Salaries in Spain

Along with the monthly wage, the national minimum daily wage also grew consistently over the past years, with the gross minimum standing at 37.8 euros a day in 2024 relative to 20 euros a day in 2008. Annual wages in Spain have however not followed this trend and fluctuated greatly during the same period. The highest average wage registered in Spain took place in 2009, year in which the mean salary amounted to over 30,000 euros a year after a period of ongoing growth. Spanish salaries however initiated a downtrend that prompted the average worker to earn approximately 29,113 thousand euros a year in 2022.

Salaries in Europe

Iceland ranked as the European country that featured the highest salaries in 2022, with an average wage of approximately 79,473 euros a year. Luxembourg and Switzerland followed second and third, with average salaries of 78,000 and 73,000 a year, respectively. In terms of growth, Portugal ranked as the country that saw the lowest decrease in salaries in 2022 compared to the previous year, with a development of -0.2 percent more relative to 2021, during that year, no European country registered an increase in real wages.

Minimum Wages in Spain increased to 1381 EUR/Month in the second quarter of 2025 from 1323 EUR/Month in the fourth quarter of 2024. This dataset provides the latest reported value for - Spain Minimum Monthly Wage - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Over this 23-year period, annual wages in Spain fluctuated greatly, ranging from a low of 29,892 euros in 2006 to a high of approximately 33,253 euros in 2009. The average annual wage stood at approximately 31,945 euros in 2023. Compared to other European countries, Spain ranked fairly low in 2023. The annual salary in the Iberian country was similar to salaries in Italy and Slovenia, but remained far from the figures that were registered in France, Ireland, and Germany. Minimum wage Spain's minimum monthly wage was 1,134 euros as of 2024. Unlike the average annual wage, it has been constantly increasing on a nearly continuous basis since 2008, when the minimum wage was 600 euros per month. In 2019, the Socialist government of Spain passed a law by that increased the national minimum wage by 164 euros, therefore making it stand at 900 euros per month and reflecting the largest increase to date. Along with the monthly wage, the national minimum daily wage has also been raised consistently over the past years. In 2024, the gross minimum was 37.8 euros a day, whereas in 2000 it was 20 euros a day. Unequal pay The average salary in Spain diverges considerably according to different factors. For instance, the gender salary gap remains significant in the Mediterranean country, although it has shrunk in recent years. In 2022, the average salary for a male full-time employee was around nine percent higher than his female counterpart. The gender gap is even wider for permanent positions: that year, average annual salaries for women were roughly 6,000 euros less than average salaries for men. The salary gap is also conspicuous when looking at the wage for workers with disabilities, a gap that has increased in recent years. Geographic location is also important; the average net salary in regions such as Extremadura and the Canary Islands was less than 23,100 euros per year in 2022, far from the salary in the Basque Country and Madrid (32,300 and 31,200 euros, respectively).

The country with the highest minimum wage rate in Europe during the first half of 2025 was Luxembourg, with a minimum wage of 2638 euros. Ireland, the Netherlands, and Germany were the countries with the next highest minimum wages, all above 2000 euros a month, while Albania, Bulgaria, and Montenegro had the lowest minimum wages in the same period.

Since 2005, the gross minimum wage per hour in France has been gradually increasing. In July 2005, the gross minimum wage per hour in France amounted to 8.03 euros. Nineteen years later the hourly minimum wage increased by more than three euros, reaching 11.88 euros in November 2024. In 2023, France had an average annual wage higher than countries like Spain and Italy, but lower than those in Germany or Belgium. Minimum wage is increasing For years now, wages in France have been increasing progressively. In 2013, the gross minimum wage per month in France was 1,430.22 euros, compared to 1766.92 euros in 2024. Thus, the average annual wage in France has risen since the beginning of the 2000s, despite the 2008 financial crisis. The issue of purchasing power In recent years, purchasing power has become one of the most worrying issues for households in France. In 2024, a large part of the French perceived their purchasing power as decreasing, while six years before it had become one of the main causes of the Yellow Vests protests in the country. Studies have shown that the purchasing power in the country reached its lowest level between 2010 and 2014. Household expenditure doubled since 1990, while 52.4 percent of French middle-income households stated having difficulties making ends meet in 2017.