Spain Gross Minimum Monthly Wage  1999-2018 | Data | Chart | Calendar

Minimum Wages in Spain increased to 858.55 EUR/Month in 2018 from 825.65 EUR/Month in 2017. Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. For instance, for Spain, where it is paid for 14 months a year, the minimum wage is calculated as follows: (EUR 735.9 x 14) / 12 = EUR 858.55. Minimum Wages in Spain averaged 662.80 EUR/Month from 1999 until 2018, reaching an all time high of 858.55 EUR/Month in the second quarter of 2018 and a record low of 485.71 EUR/Month in the fourth quarter of 1999.

Spain Gross Minimum Monthly Wage
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Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.74 16.55 26.94 4.41 percent [+]
Employed Persons 18874.20 18998.40 20510.60 10949.20 Thousand [+]
Unemployed Persons 3285.09 3300.96 4889.46 468.29 Thousand [+]
Unemployment Change -89.97 -83.70 461.01 -129.30 Thousand [+]
Part Time Employment 2814.30 2805.40 2874.30 572.70 Thousand [+]
Full Time Employment 16059.90 16193.00 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 7.00 7.10 13.60 1.50 percent [+]
Youth Unemployment Rate 33.80 34.30 55.90 17.20 percent [+]
Productivity 103.70 110.40 112.80 85.70 Index Points [+]
Labour Costs 105.10 96.60 105.70 66.70 Index Points [+]
Job Vacancies 61.50 59.81 541.53 19.61 Thousand [+]
Wages 1844.24 2020.14 2026.14 1264.36 EUR/Month [+]
Minimum Wages 858.55 825.65 858.55 485.71 EUR/Month [+]
Population 46.66 46.53 46.82 30.33 Million [+]
Retirement Age Women 65.50 65.42 65.50 65.00 [+]
Retirement Age Men 65.50 65.42 65.50 65.00 [+]
Labor Force Participation Rate 58.46 58.80 60.55 48.88 percent [+]
Living Wage Family 1100.00 1080.00 1100.00 1080.00 EUR/Month [+]
Living Wage Individual 810.00 770.00 810.00 725.00 EUR/Month [+]
Wages High Skilled 1980.00 1950.00 2100.00 1950.00 EUR/Month [+]
Wages Low Skilled 927.00 908.00 968.00 908.00 EUR/Month [+]
Employment Change 0.40 0.40 1.80 -2.30 percent [+]
Employment Rate 62.07 62.57 67.18 54.91 percent [+]


Spain Gross Minimum Monthly Wage

Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. For instance, for Spain, where it is paid for 14 months a year, the minimum wage is calculated as follows: (€707.7 x 14) / 12 = €825.65. This page 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. Spain Gross Minimum Monthly Wage - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
858.55 825.65 858.55 485.71 1999 - 2018 EUR/Month Quarterly




minimum wages by Country
Country Last
Australia 719.20 Jul/18
Brazil 954.00 Jul/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Jun/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Jun/18
Netherlands 1578.00 Jun/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Jun/18
Turkey 2029.50 Jun/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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