Living Wage Family in Spain increased to 1150 EUR/Month in 2018 from 1120 EUR/Month in 2017.

Living Wage Family in Spain averaged 1107.50 EUR/Month from 2015 until 2018, reaching an all time high of 1150 EUR/Month in 2018 and a record low of 1060 EUR/Month in 2016. Spain Living Wage Family - values, historical data and charts - was last updated on August of 2020.

Living Wage Family in Spain is expected to reach 1132.00 EUR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Living Wage Family is projected to trend around 1149.00 EUR/Month in 2021 and 1170.00 EUR/Month in 2022, according to our econometric models.

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Spain Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
1150.00 1120.00 1150.00 1060.00 2015 - 2018 EUR/Month yearly

Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.33 14.41 26.94 4.41 percent [+]
Employed Persons 18607.20 19681.30 20510.60 10949.20 Thousand [+]
Unemployed Persons 3773.03 3862.88 5040.22 79.00 Thousand [+]
Unemployment Change -89.80 5.10 461.00 -129.30 Thousand [+]
Part Time Employment 2486.10 2848.30 2951.50 572.70 Thousand [+]
Full Time Employment 16121.10 16833.00 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.10 5.10 13.60 1.50 percent [+]
Youth Unemployment Rate 40.80 39.10 55.90 17.20 percent [+]
Labour Costs 101.10 108.40 108.40 66.70 points [+]
Productivity 105.20 101.40 105.20 85.10 points [+]
Job Vacancies 37.54 47.29 541.53 14.47 Thousand [+]
Wages 1889.78 2075.43 2075.43 1264.36 EUR/Month [+]
Minimum Wages 1050.00 1050.00 1050.00 485.71 EUR/Month [+]
Population 46.94 46.66 46.94 30.33 Million [+]
Retirement Age Women 65.83 65.67 65.83 65.00 [+]
Retirement Age Men 65.83 65.67 65.83 65.00 [+]
Wages In Manufacturing 2466.09 2207.71 2466.09 1372.25 EUR/Month [+]
Wage Growth -3.61 -1.55 9.03 -7.18 percent [+]
Labor Force Participation Rate 55.54 58.18 60.55 48.88 percent [+]
Employment Change -1.00 0.80 1.60 -2.80 percent [+]
Employment Rate 47.03 49.80 54.73 38.36 percent [+]


Spain Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.