What is the average annual salary in Spain?

Money medium Data from 2023

Guess before you scroll — the answer is below

In euros. Thousands: 1.000 · Decimals: 1,5 · Millions: 9m.

The answer

$28,050

Roughly $28.1K.

The average Spanish salary is about €28,050 a year, but the median — the figure half of workers earn less than — is closer to €23,000. The gap is the usual one: a small number of very high salaries pull the average up.

How to get close to this number

Work from the minimum wage and a multiple. This site puts the monthly minimum at around eleven hundred euros in fourteen payments, which is roughly sixteen thousand a year, and an average salary typically runs somewhere between one and a half and two times a minimum wage. That gives a figure in the high twenties of thousands.

The mean-versus-median gap in the explanation is the essential correction: the median is around five thousand euros lower, because a small number of very high salaries pull the average up. Income distributions are always right-skewed, so the mean describes a salary that fewer than half of workers reach.

That gap is worth checking on every income statistic you encounter. Governments and press tend to quote whichever of the two supports the point being made, and the difference between them is frequently larger than the year-on-year change being discussed.

Where this number comes from

Source Instituto Nacional de Estadística (INE), Encuesta de Estructura Salarial
Figure refers to 2023
Last checked
Unit euros

Numbers move. If this one has drifted from its source, let us know.

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