Skip to main content

Spain’s average salary: A Comparative Analysis with the EU

Spain's average salary

A recent study has brought Spain’s position on the European Union’s salary map into sharp focus. At first glance, terms like ‘average salary’ and ‘most frequent salary’ might appear synonymous. However, they represent distinct statistical measures. The ‘average’ or ‘mean salary’ provides an arithmetic mean, while the ‘modal salary’ represents the most recurrent wage among workers.

Recent data sourced from the Annual Salary Structure Survey reveals Spain’s average and modal salaries. This survey provides a comprehensive view of the gross annual earnings of dependent workers, considering several parameters, including gender disparities. Its latest iteration, released in June 2023, covers data up to 2021.

Spain vs. the EU Average: The Gap

In 2022, while the average gross ordinary salary across the 27 nations of the European Union stood at 2,302 euros per month, Spain trailed behind with an average of 1,822 euros monthly. This means Spain’s average salary is 20.9% lower than the EU’s average, amounting to a tangible difference of 480 euros monthly or 5,760 euros annually.

However, it’s crucial to note that Spain is comfortably seated in a mid-tier position. With 15 European countries having average salaries less than Spain (some even half of Spain’s figure), only 11 countries are placed above.

The EU’s Salary Mosaic: Spain’s Neighbours

When we break down the EU’s salary landscape, three distinct groupings emerge:

  1. Lower Bracket (below 1,200 euros/month): This group includes countries like Bulgaria, Romania, Hungary, Croatia, Poland, and others. We see significant disparities within this bracket – Portugal’s average salary is almost double that of Bulgaria.
  2. Mid-Bracket (1,200 euros to 2,600 euros/month): This is where Spain resides with its 1,822 euros/month average. Also in this tier are countries like the Czech Republic, Malta, Cyprus, Italy, and France.
  3. Upper Bracket (above 2,600 euros/month): Nations like Sweden, Finland, Austria, Germany, and Luxembourg belong to this higher echelon. The range within this group is relatively smaller, with Luxembourg leading the pack.

A Closer Look at Gender Disparity

The persistent gender wage gap in Spain remains a significant concern. As per 2021 data, women’s average annual salary stood at 81.63% of their male counterparts. This highlights the need for ongoing initiatives to promote gender equity in the workplace.

The Bigger Picture and Spain’s Unique Position

When analysing Spain’s average salary, it becomes evident that the salary disparities within the EU are stark. A worker in Luxembourg can earn what a Bulgarian earns in six months, within just a month.

But here’s a silver lining: The wage gap across the EU has been narrowing. In 2010, the highest salary (Luxembourg’s) was 11 times the lowest (Bulgaria’s). By 2022, this multiplier dropped to 5.7 times.

For Spain, there are both challenges and advantages. While Spain’s average salary lags behind countries like Germany by 42.1% and France by 29.2%, it fares significantly better than Eastern European nations.

A Closing Thought for Businesses and Job Seekers

For businesses considering Pyou’s HR services and individuals seeking employment opportunities, understanding Spain’s salary landscape is pivotal. Being informed aids decision-making, from gauging competitive salary offerings to assessing the value of a job offer. As Spain continues its economic journey, staying updated on its salary trends will be of paramount importance.