Wages in Spain decreased to 2290.46 EUR/Month in the first quarter of 2025 from 2442.32 EUR/Month in the fourth quarter of 2024. Wages in Spain averaged 1817.34 EUR/Month from 2000 until 2025, reaching an all time high of 2442.32 EUR/Month in the fourth quarter of 2024 and a record low of 1264.36 EUR/Month in the first quarter of 2000. source: National Statistics Institute (INE)
Wages in Spain is expected to be 2280.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Average Nominal Monthly Wages is projected to trend around 2583.00 EUR/Month in 2026 and 2643.00 EUR/Month in 2027, according to our econometric models.
In Spain, average nominal monthly wage comprises all remunerations, both in cash and in kind, made to workers for the performance of their work services for others, whether it rewards effective work, whatever the method of remuneration, or the rest periods accounted for as work. The wage cost therefore includes the base salary, salary complements, overtime payments, extraordinary payments and delayed payments. All these components are covered in gross terms.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
2290.46 |
2442.32 |
2442.32 |
1264.36 |
2000 - 2025 |
EUR/Month |
Quarterly |
Current Prices, NSA
|