Minimum Wages in Spain stood at 1166.67 EUR/Month in 2023. Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. For instance, for Spain, where it is paid for 14 months a year, the minimum wage is calculated as follows: (EUR 1000 x 14) / 12 = EUR 1166.67. source: EUROSTAT

Minimum Wages in Spain averaged 748.99 EUR/Month from 1999 until 2023, reaching an all time high of 1166.67 EUR/Month in the third quarter of 2022 and a record low of 485.71 EUR/Month in the third quarter of 1999. This page provides the latest reported value for - Spain Minimum Monthly Wage - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Gross Minimum Monthly Wage - values, historical data and charts - was last updated on June of 2023.

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Spain Gross Minimum Monthly Wage



Related Last Previous Unit Reference
Long Term Unemployment Rate 4.70 4.70 percent Dec 2022
Youth Unemployment Rate 28.40 29.50 percent Apr 2023
Productivity 102.48 102.29 points Mar 2023
Minimum Wages 1166.67 1166.67 EUR/Month Mar 2023
Population 47.43 47.40 Million Dec 2022
Employment Change 1.30 0.40 percent Mar 2023

Spain Gross Minimum Monthly Wage
Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. For instance, for Spain, where it is paid for 14 months a year, the minimum wage is calculated as follows: (EUR 1000 x 14) / 12 = EUR 1166.67.
Actual Previous Highest Lowest Dates Unit Frequency
1166.67 1166.67 1166.67 485.71 1999 - 2023 EUR/Month Quarterly