Wages in Spain increased 14.46 percent in June of 2021 over the same month in the previous year. source: Ministry of the Economy and Finance

Wage Growth in Spain averaged 1.71 percent from 1978 until 2021, reaching an all time high of 14.46 percent in June of 2021 and a record low of -7.18 percent in November of 2012. This page provides - Spain Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Wage Growth - values, historical data and charts - was last updated on August of 2021.

Wage Growth in Spain is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Wage Growth is projected to trend around 2.50 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Spain Wage Growth

Actual Previous Highest Lowest Dates Unit Frequency
14.46 11.70 14.46 -7.18 1978 - 2021 percent Monthly
NSA

Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.26 15.98 26.94 4.41 percent [+]
Employed Persons 19671.70 19206.80 20510.60 10949.20 Thousand [+]
Unemployed Persons 3614.34 3781.25 5040.22 79.00 Thousand [+]
Unemployment Change -166.91 -129.38 461.00 -166.91 Thousand [+]
Part Time Employment 2835.40 2696.10 2951.50 572.70 Thousand [+]
Full Time Employment 16836.30 16510.60 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 6.30 5.70 13.60 1.50 percent [+]
Youth Unemployment Rate 37.10 36.90 55.90 17.20 percent [+]
Labour Costs 102.50 108.30 108.40 66.70 points [+]
Productivity 100.20 98.80 105.20 85.10 points [+]
Job Vacancies 59.48 55.46 541.53 14.47 Thousand [+]
Wages 1907.82 2061.32 2075.43 1264.36 EUR/Month [+]
Minimum Wages 1108.33 1108.33 1108.33 485.71 EUR/Month [+]
Population 47.33 46.94 47.33 30.33 Million [+]
Retirement Age Women 66.00 65.83 66.00 65.00 [+]
Retirement Age Men 66.00 65.83 66.00 65.00 [+]
Labor Force Participation Rate 58.58 57.69 60.55 48.88 percent [+]
Wages In Manufacturing 2248.24 2442.35 2466.09 1372.25 EUR/Month [+]
Wage Growth 14.46 11.70 14.46 -7.18 percent [+]
Employment Change 1.00 1.20 3.00 -7.50 percent [+]
Employment Rate 49.63 48.47 54.73 38.36 percent [+]