Wages in Spain decreased to 1876.19 EUR/Month in the first quarter of 2019 from 2039.01 EUR/Month in the fourth quarter of 2018. Wages in Spain averaged 1728.27 EUR/Month from 2000 until 2019, reaching an all time high of 2039.01 EUR/Month in the fourth quarter of 2018 and a record low of 1264.36 EUR/Month in the first quarter of 2000.

Wages in Spain is expected to be 1995.00 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 2070.00 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 14.02 14.70 26.94 4.41 percent [+]
Employed Persons 19804.90 19471.10 20510.60 10949.20 Thousand [+]
Unemployed Persons 3139.25 3136.34 4889.46 468.29 Thousand [+]
Unemployment Change -4.30 -63.80 461.01 -129.30 Thousand [+]
Part Time Employment 2951.50 2900.70 2951.50 572.70 Thousand [+]
Full Time Employment 16853.40 16570.40 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.60 5.70 13.60 1.50 percent [+]
Youth Unemployment Rate 32.40 32.70 55.90 17.20 percent [+]
Productivity 105.90 101.80 112.30 85.70 Index Points [+]
Labour Costs 100.40 105.90 105.90 66.70 Index Points [+]
Job Vacancies 46.34 51.75 541.53 19.61 Thousand [+]
Wages 1876.19 2039.01 2039.01 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 65.67 65.50 65.67 65.00 [+]
Retirement Age Men 65.67 65.50 65.67 65.00 [+]
Labor Force Participation Rate 58.74 58.35 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 [+]
Wage Growth 4.96 4.62 9.03 -7.18 percent [+]
Employment Change 0.70 0.70 1.80 -2.30 percent [+]
Employment Rate 64.49 63.58 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1876.19 2039.01 2039.01 1264.36 2000 - 2019 EUR/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 40911.00 Apr/19
Australia 1225.30 Dec/18
Brazil 2290.00 Jun/19
Canada 25.60 May/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 560430.00 Jun/19
Mexico 376.63 Jun/19
Russia 49840.00 Jun/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 538.00 Jun/19
United States 23.46 Jul/19


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