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.

Living Wage Family in Spain is expected to be 1179.00 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 Family is projected to trend around 1234.00 EUR/Month in 2020, 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 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.

Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.92 14.02 26.94 4.41 percent [+]
Employed Persons 19874.30 19804.90 20510.60 10949.20 Thousand [+]
Unemployed Persons 3163.61 3198.18 5040.22 79.00 Thousand [+]
Unemployment Change -34.60 20.50 461.01 -129.30 Thousand [+]
Part Time Employment 2789.20 2951.50 2951.50 572.70 Thousand [+]
Full Time Employment 17085.10 16853.40 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.20 5.40 13.60 1.50 percent [+]
Youth Unemployment Rate 32.10 32.80 55.90 17.20 percent [+]
Productivity 113.90 105.90 113.90 85.70 points [+]
Labour Costs 104.80 100.40 105.90 66.70 points [+]
Job Vacancies 32.34 46.97 541.53 19.61 Thousand [+]
Wages 1876.95 1992.18 2039.01 1264.36 EUR/Month [+]
Minimum Wages 1050.00 1050.00 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 58.72 58.74 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 5.34 4.71 9.03 -7.18 percent [+]
Employment Change 0.10 0.30 1.60 -2.80 percent [+]
Employment Rate 64.54 64.49 67.18 54.91 percent [+]