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 667.70 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 14.55 15.28 26.94 4.41 percent [+]
Employed Persons 19528.00 19344.10 20510.60 10949.20 Thousand [+]
Unemployed Persons 3223.21 3250.69 4889.46 468.29 Thousand [+]
Unemployment Change 52.20 20.40 461.01 -129.30 Thousand [+]
Part Time Employment 2713.80 2899.70 2899.70 572.70 Thousand [+]
Full Time Employment 16814.20 16444.30 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 6.60 7.00 13.60 1.50 percent [+]
Youth Unemployment Rate 34.30 33.60 55.90 17.20 percent [+]
Productivity 111.70 104.50 112.80 85.70 Index Points [+]
Labour Costs 102.40 98.30 105.70 66.70 Index Points [+]
Job Vacancies 51.56 44.06 541.53 19.61 Thousand [+]
Wages 1951.81 1844.24 2026.14 1264.36 EUR/Month [+]
Minimum Wages 858.55 858.55 858.55 485.71 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 58.73 58.80 60.55 48.88 percent [+]
Living Wage Family 1150.00 1120.00 1150.00 1060.00 EUR/Month [+]
Living Wage Individual 855.00 820.00 855.00 770.00 EUR/Month [+]
Wages High Skilled 1990.00 1990.00 2120.00 1990.00 EUR/Month [+]
Wages Low Skilled 932.00 894.00 1150.00 894.00 EUR/Month [+]
Employment Change 0.70 0.40 1.80 -2.30 percent [+]
Employment Rate 64.01 63.53 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 November of 2018.

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




Country Last
Argentina 10700.00 Nov/18
Australia 719.20 Jul/18
Brazil 954.00 Nov/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Sep/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Jun/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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