Spain minimum wageSpain minimum wageSpain minimum wage

Spain minimum wage

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Key data points


Last release
Observation period
Q4 2024
Next release
Forecast
Highest
‪1.32 K‬EUR / MONTH on Dec 31, 2024
Lowest
485.71EUR / MONTH on Sep 30, 1999

About Spain minimum wage


Category
Labor
Source
Frequency
Quarterly
Units
EUR / MONTH
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 1,080 x 14) / 12 = EUR 1,260.