Wages in Spain increased to 1951.81 EUR/Month in the second quarter of 2018 from 1844.24 EUR/Month in the first quarter of 2018. Wages in Spain averaged 1720.53 EUR/Month from 2000 until 2018, reaching an all time high of 2026.14 EUR/Month in the fourth quarter of 2015 and a record low of 1264.36 EUR/Month in the first quarter of 2000.

Wages in Spain is expected to be 1820.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Spain to stand at 1995.00 in 12 months time. In the long-term, the Spain Average Nominal Monthly Wage is projected to trend around 2100.00 EUR/Month in 2020, according to our econometric models.

Spain Average Nominal 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 3196.95 3223.21 4889.46 468.29 Thousand [+]
Unemployment Change -1.84 52.20 461.01 -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 34.90 34.30 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 Average Nominal Monthly Wage

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. This page provides the latest reported value for - Spain Average Nominal Monthly Wage - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Average Nominal Monthly Wage - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1951.81 1844.24 2026.14 1264.36 2000 - 2018 EUR/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2230.00 Oct/18
Canada 25.24 Sep/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 304414.00 Oct/18
Mexico 350.62 Oct/18
Russia 42000.00 Oct/18
Singapore 4962.00 Sep/18
South Africa 20176.00 Jun/18
South Korea 3737254.00 Sep/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 524.00 Sep/18
United States 22.95 Nov/18


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