In 2024, the average annual net income per capita in Spain was ****** euros. The autonomous community with the highest average annual net income was the Basque Country, where it exceeded ****** euros. In contrast, Murcia was the region with the lowest average income, with ****** euros per year.

Spain Household Annual Net Income: Avg: Region of Murcia data was reported at 23,574.000 EUR in 2016. This records an increase from the previous number of 22,425.000 EUR for 2015. Spain Household Annual Net Income: Avg: Region of Murcia data is updated yearly, averaging 23,737.500 EUR from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 26,995.000 EUR in 2007 and a record low of 21,269.000 EUR in 2013. Spain Household Annual Net Income: Avg: Region of Murcia data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.H017: Households Net Income.

In 2023, the average annual net household income in Spain was ****** euros. Far from the national average was the net household income in the southern regions of *********** and *********, where it was less than ****** euros. The community with the highest average income was Madrid, with more than ****** euros.

Spain’s average income per capita has increased every year since 2014, when the Sovereign Debt Crisis caused a recession. In 2023, the figure amounted to ****** euros after taxes, up from ****** the previous year. Though this is the highest level to date, the increase is only slightly faster than inflation. Age and regional differences The net income per person broken down into age groups shows that young workers, aged between 16 and 29, earn almost ***** euros less annually than the national average and more than ************** euros bellow the average income of workers above **. This is to be expected, as workers gain experience and expertise as they age. However, regional differences are more remarkable. In the autonomous community with the highest average annual net income, the Basque Country, that figure exceeded ****** euros in 2023, while Murcia, which ranked as the region with the lowest average income, registered an average of approximately ****** euros per that year. Disposable income The income which remains once taxes and social security charges are deduced is known as disposable income. As of 2023, household savings as share of total disposable income in Spain stood at *** percent. However, savings in relation to disposable income are is expected to diminish in the following years. During the last decade, and particularly throughout the Spanish Sovereign Debt Crisis, the country’s households suffered from high rates of indebtedness in relation to gross disposable income. At the peak in 2013, the indebtedness ratio, the ratio of debt to annual income, exceeded *** percent. The ratio has since decreased and stood at ***** percent in the third quarter of 2022.

Women and Men in Spain: Average annual net income by household by the reference person and period. Base 2013. Annual. National.

Living Conditions Survey (LCS): Household income by Autonomous Community. Annual. Autonomous Communities and Cities.

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 share of ultra high net worth individuals (those who have above 30 million euros in assets) subjected to the wealth tax (Patrimonio) in Spain has been decreased gradually from 2011 to 2019. In 2021, 36.9 percent of UHNWIs paid the wealth tax, almost 12 percent less than at the beginning of the period analyzed. The Community of Madrid is the only region in the Mediterranean country that offers a 100 percent tax exemption, meaning that no resident of this region has to pay any wealth tax. It is therefore a common way for wealthy individuals to avoid wealth taxes.

Women and Men in Spain: Average, median, modal annual salary, part time and full time by period. Annual. National.

The real total consumer spending on clothing and footwear in Spain was forecast to continuously increase between 2024 and 2029 by in total 6 billion U.S. dollars (+18.12 percent). After the ninth consecutive increasing year, the real fashion-related spending is estimated to reach 39.1 billion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case footwear-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 03. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.

United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Financial Svcs data was reported at 164.000 GBP mn in 2016. This records an increase from the previous number of 112.000 GBP mn for 2015. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Financial Svcs data is updated yearly, averaging 164.000 GBP mn from Dec 2012 (Median) to 2016, with 5 observations. The data reached an all-time high of 214.000 GBP mn in 2014 and a record low of -193.000 GBP mn in 2012. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Financial Svcs data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.O011: BPM6: Foreign Direct Investment: Outward: Net Earnings: By Region and Industry.

United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Agriculture, Forestry & Fishing data was reported at 1.000 GBP mn in 2016. This records a decrease from the previous number of 2.000 GBP mn for 2014. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Agriculture, Forestry & Fishing data is updated yearly, averaging 1.000 GBP mn from Dec 2013 (Median) to 2016, with 3 observations. The data reached an all-time high of 2.000 GBP mn in 2014 and a record low of 1.000 GBP mn in 2016. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Agriculture, Forestry & Fishing data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.O011: BPM6: Foreign Direct Investment: Outward: Net Earnings: By Region and Industry.

United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Information & Communication data was reported at 32.000 GBP mn in 2016. This records a decrease from the previous number of 36.000 GBP mn for 2015. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Information & Communication data is updated yearly, averaging 36.000 GBP mn from Dec 2012 (Median) to 2016, with 5 observations. The data reached an all-time high of 53.000 GBP mn in 2014 and a record low of -572.000 GBP mn in 2012. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Information & Communication data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.O011: BPM6: Foreign Direct Investment: Outward: Net Earnings: By Region and Industry.

United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Retail, Wholesale Trade, Repair of MV data was reported at 36.000 GBP mn in 2016. This records an increase from the previous number of 17.000 GBP mn for 2015. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Retail, Wholesale Trade, Repair of MV data is updated yearly, averaging 10.000 GBP mn from Dec 2012 (Median) to 2016, with 5 observations. The data reached an all-time high of 36.000 GBP mn in 2016 and a record low of 0.000 GBP mn in 2012. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Retail, Wholesale Trade, Repair of MV data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.O011: BPM6: Foreign Direct Investment: Outward: Net Earnings: By Region and Industry.

United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Europe: EU: Spain data was reported at 1,075.000 GBP mn in 2016. This records an increase from the previous number of 878.000 GBP mn for 2015. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Europe: EU: Spain data is updated yearly, averaging 930.500 GBP mn from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 1,229.000 GBP mn in 2008 and a record low of -366.000 GBP mn in 2012. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Europe: EU: Spain data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.O010: BPM6: Foreign Direct Investment: Outward: Net Earnings: By Region.

United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Transport Equipment data was reported at 29.000 GBP mn in 2015. This records a decrease from the previous number of 56.000 GBP mn for 2014. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Transport Equipment data is updated yearly, averaging 42.500 GBP mn from Dec 2014 (Median) to 2015, with 2 observations. The data reached an all-time high of 56.000 GBP mn in 2014 and a record low of 29.000 GBP mn in 2015. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Transport Equipment data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.O011: BPM6: Foreign Direct Investment: Outward: Net Earnings: By Region and Industry.

United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Textile & Wood Activities data was reported at 25.000 GBP mn in 2015. This records an increase from the previous number of 0.000 GBP mn for 2013. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Textile & Wood Activities data is updated yearly, averaging 12.500 GBP mn from Dec 2013 (Median) to 2015, with 2 observations. The data reached an all-time high of 25.000 GBP mn in 2015 and a record low of 0.000 GBP mn in 2013. United Kingdom (FDI) Foreign Direct Investment: Outward: NE: Spain: Textile & Wood Activities data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.O011: BPM6: Foreign Direct Investment: Outward: Net Earnings: By Region and Industry.