Spain Gross Minimum Monthly Wage  1999-2017 | Data | Chart | Calendar

Minimum Wages in Spain increased to 825.65 EUR/Month in 2017 from 764.40 EUR/Month in 2016. 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 707.7 x 14) / 12 = EUR 825.65. Minimum Wages in Spain averaged 653.11 EUR/Month from 1999 until 2017, reaching an all time high of 825.65 EUR/Month in the second quarter of 2017 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 17.22 18.75 26.94 4.41 percent [+]
Employed Persons 18813.30 18438.30 20510.60 10949.20 Thousand [+]
Unemployed Persons 3410.18 3488.55 4889.46 468.29 Thousand [+]
Unemployment Change 27.86 46.40 461.01 -129.30 Thousand [+]
Part Time Employment 2870.10 2874.30 2874.30 572.70 Thousand [+]
Full Time Employment 15943.20 15564.00 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 8.60 8.90 13.60 1.50 percent [+]
Youth Unemployment Rate 38.70 38.70 56.10 17.20 percent [+]
Labour Costs 101.70 97.70 105.70 66.70 Index Points [+]
Productivity 105.70 102.20 112.40 85.70 Index Points [+]
Job Vacancies 44.80 36.15 541.53 19.61 Thousand [+]
Wages 1942.01 1829.13 2026.14 1264.36 EUR/Month [+]
Minimum Wages 825.65 764.40 825.65 485.71 EUR/Month [+]
Population 46.53 46.44 46.82 30.33 Million [+]
Retirement Age Women 65.42 65.33 65.42 65.00 [+]
Retirement Age Men 65.42 65.33 65.42 65.00 [+]
Employment Change 0.90 0.70 1.80 -2.30 percent [+]
Employment Rate 62.04 60.82 67.18 54.91 percent [+]
Wages High Skilled 2110.00 2130.00 2130.00 2000.00 EUR/Month [+]
Wages Low Skilled 876.00 858.00 900.00 816.00 EUR/Month [+]
Labor Force Participation Rate 58.84 58.78 60.55 48.88 percent [+]
Living Wage Family 1048.90 1004.00 1048.90 967.80 EUR/Month [+]
Living Wage Individual 870.70 834.40 870.70 799.10 EUR/Month [+]


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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
825.65 764.40 825.65 485.71 1999 - 2017 EUR/Month Quarterly




minimum wages by Country

Last
Australia 694.90 Jul/17
Brazil 937.00 Sep/17
Canada 11.40 Jan/17
China 2300.00 Apr/17
France 1480.27 Jun/17
Germany 8.84 Jan/17
Indonesia 3.35 Jan/17
Japan 823.00 Dec/17
Mexico 80.04 Sep/17
Netherlands 1551.60 Jun/17
Russia 7500.00 Jan/17
South Korea 6470.00 Jan/17
Spain 825.65 Jun/17
Turkey 1777.50 Jan/17
United Kingdom 7.50 Apr/17
United States 7.25 Dec/17