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Over this 24-year period, annual wages in Spain fluctuated greatly, ranging from a low of 30,853 euros in 2006 to a high of approximately 34,322 euros in 2009. The average annual wage stood at approximately 33,044 euros in 2024. Compared to other European countries, Spain ranked fairly low in 2024. The annual salary in the Iberian country was similar to salaries in Italy and Lithuania, but remained far from the figures that were registered in France, Ireland, and Germany.

Minimum wage

Spain's minimum monthly wage was 1,134 euros as of 2024. Unlike the average annual wage, it has been constantly increasing on a nearly continuous basis since 2008, when the minimum wage was 600 euros per month. In 2019, the Socialist government of Spain passed a law by that increased the national minimum wage by 164 euros, therefore making it stand at 900 euros per month and reflecting the largest increase to date. Along with the monthly wage, the national minimum daily wage has also been raised consistently over the past few years. In 2024, the gross minimum was 37.8 euros a day, whereas in 2000 it was 20 euros a day.

Unequal pay

The average salary in Spain diverges considerably according to different factors. For instance, the gender salary gap remains significant in the Mediterranean country, although it has shrunk in recent years. In 2022, the average salary for a male full-time employee was around nine percent higher than that of his female counterpart. The gender gap is even wider for permanent positions: that year, average annual salaries for women were roughly 6,000 euros less than average salaries for men. The salary gap is also conspicuous when looking at the wages for workers with disabilities, a gap that has increased in recent years. Geographic location is also important; the average net salary in regions such as Extremadura and the Canary Islands was less than 23,100 euros per year in 2022, far from the salary in the Basque Country and Madrid (32,300 and 31,200 euros, respectively).