Over this 23-year period, annual wages in Spain fluctuated greatly, ranging from a low of 28,685 euros in 2006 to a high of approximately 31,910 euros in 2009. The average annual wage stood at approximately 30,655 euros in 2023. Compared to other European countries, Spain ranked fairly low in 2022. 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 2021, 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).

Wages in Spain increased to 2442.32 EUR/Month in the fourth quarter of 2024 from 2205.43 EUR/Month in the third quarter of 2024. This dataset provides the latest reported value for - Spain Average Nominal Monthly Wage - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2022, the Basque Country registered the highest average annual wage in Spain, with approximately 32,313 euros per year. The second and third best-paid regions were the Community of Madrid and Navarre with over 29,000 euros each. Spain's minimum monthly wage was 1,134 euros in 2024, with a daily minimum wage of 37.8.

In 2023, the average gross monthly wage for individuals aged 55 or older in Spain was 2,478 euros, which is almost 600 euros higher than it was in 2006. On the other hand, workers aged between 16 and 24 earned a gross salary of 1,387 euros per month, which is 303 euros higher than at the beginning of the observed period.

Wages in Spain increased 3.52 percent in December of 2024 over the same month in the previous year. This dataset provides - Spain Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2022, the average salary for a male employed full time was 31,785 euros whereas a female employed full time earned approximately 29,931 euros. The salary gap has shrunk since 2012, when full-time male employees earned over 15 percent more than their female colleagues. However, the gender breach is wider for permanent positions.The gender pay gap Such inequalities in salary are reflected in the index for gender gap in economic participation and opportunities. In the sub-index equal pay for the same job, Spain scored 0.69 points. The degree of discrimination also varies from one industry to the next. In the sectors of health and social services, and professional, scientific and technical activities, male employees earned over 20 percent more per hour than their female counterparts. Some of the disparities in pay can be attributed to the inability of women to work and receive compensation for overtime shifts, night shifts, holiday shifts, seniority, and hazard bonus.Progress in a changing societyEconomically and culturally, society is becoming increasingly fair for younger generations. Even though gender pay gaps have not been eliminated, the pay gap for workers aged 34 years and under is remarkably lower than the gap for workers over the age of 44 and substantially far from those above the age of 64. Similarly, the young adult population in Spain seems more aware than older generations about sexual discrimination against women. Despite such progress, Spaniards remain skeptical about the possibility of overcoming this issue. In 2021, over half the population deemed the possibility of equal pay for men and women unlikely. Moreover, SARS-CoV-2 slowed progress in the medium term. The female workforce was particularly vulnerable to the pandemic’s economic and social ramifications, such as heightened job insecurity and the need for unpaid care work.

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.

Women and Men in Spain: Average annual salary by occupation groups and period. Annual. National.

Forecast: Wages and Salaries of Employment Services in Spain 2024 - 2028 Discover more data with ReportLinker!

Forecast: Wages and Salaries of Security and Investigation Services in Spain 2024 - 2028 Discover more data with ReportLinker!

Forecast: Wages and Salaries of Travel Agency in Spain 2024 - 2028 Discover more data with ReportLinker!

Table of INEBase Average, median, modal annual salary, part time and full time by period. National. Women and Men in Spain

Mercadona, the leading Spanish supermarket company , was the supermarket chain with the highest average annual salary in Spain in 2023, where employees earned more of 20,000 euros annually (gross salary). In contrast, Eroski was the supermarket chain with the lowest annual gross salary.

Forecast: Wages and Salaries of Tour Operator Services in Spain 2024 - 2028 Discover more data with ReportLinker!

Explore the progression of average salaries for graduates in Spanish And English Language Education from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Spanish And English Language Education relative to other fields. This data is essential for students assessing the return on investment of their education in Spanish And English Language Education, providing a clear picture of financial prospects post-graduation.

Key information about Spain Household Income per Capita

• Spain Annual Household Income per Capita reached 14,807.750 USD in Dec 2022, compared with the previous value of 15,385.010 USD in Dec 2021.
• Spain Annual Household Income per Capita data is updated yearly, available from Dec 2007 to Dec 2022, with an averaged value of 13,903.387 USD.
• The data reached an all-time high of 16,562.434 USD in Dec 2008 and a record low of 11,880.468 USD in Dec 2015.
• In the latest reports, Retail Sales of Spain grew 3.100 % YoY in Dec 2023.

Forecast: Wages and Salaries of Software Publishing in Spain 2024 - 2028 Discover more data with ReportLinker!

Forecast: Wages and Salaries of Non Life Insurance in Spain 2024 - 2028 Discover more data with ReportLinker!

Direction and management was the best paid position area within the Spanish labor market in 2020, with an average salary offer of 52.4 thousand euros. On the other end of the list was hospitality and tourism, a professional field in which the average offered salary was of 18 thousand euros.

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