Living Wage Individual in Spain increased to 855 EUR/Month in 2018 from 820 EUR/Month in 2017. Living Wage Individual in Spain averaged 812.50 EUR/Month from 2015 until 2018, reaching an all time high of 855 EUR/Month in 2018 and a record low of 770 EUR/Month in 2016.

Living Wage Individual in Spain is expected to be 950.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Living Wage Individual is projected to trend around 1150.00 EUR/Month in 2020, according to our econometric models.

Spain Living Wage Individual
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Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.45 14.55 26.94 4.41 percent [+]
Employed Persons 19564.60 19528.00 20510.60 10949.20 Thousand [+]
Unemployed Persons 3179.25 3189.70 4889.46 468.29 Thousand [+]
Unemployment Change 3.30 83.50 461.01 -129.30 Thousand [+]
Part Time Employment 2894.80 2713.80 2899.70 572.70 Thousand [+]
Full Time Employment 16669.80 16814.20 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 6.10 6.60 13.60 1.50 percent [+]
Youth Unemployment Rate 32.60 32.70 55.90 17.20 percent [+]
Productivity 109.80 111.70 112.80 85.70 Index Points [+]
Labour Costs 98.40 102.40 105.70 66.70 Index Points [+]
Job Vacancies 54.51 47.16 541.53 19.61 Thousand [+]
Wages 1842.62 1951.81 2026.14 1264.36 EUR/Month [+]
Minimum Wages 1050.00 858.55 1050.00 485.71 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 58.61 58.73 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 64.00 64.01 67.18 54.91 percent [+]


Spain Living Wage Individual

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. Spain Living Wage Individual - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
855.00 820.00 855.00 770.00 2015 - 2018 EUR/Month yearly




Country Last Previous
Argentina 10400.00 Dec/18
Australia 1770.00 Dec/18
Brazil 1390.00 Dec/18
Canada 1930.00 Dec/18
France 1080.00 Dec/18
Germany 1240.00 Dec/17
India 10300.00 Dec/18
Indonesia 1456700.00 Dec/18
Italy 935.00 Dec/18
Mexico 4320.00 Dec/18
Netherlands 1120.00 Dec/18
Russia 14500.00 Dec/18
South Africa 6570.00 Dec/18
Spain 855.00 Dec/18
Turkey 1930.00 Dec/18
United Kingdom 895.00 Dec/18
United States 1660.00 Dec/18


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