What is the average salary in Spain?

The average annual income in Spain is around €27,000, which is lower than many other EU countries. However, Spain also has a lower cost of living than most of its western European neighbors. A full-time worker may take 22 working days (30 calendar days) of paid holiday time annually.

What is the hourly rate in Spain?

In 2021, the minimum wage in Spain is € 7.43 per hour and € 31.66 per day. In 2021, the minimum wage in Spain is € 1,108.03 per month. Calculated over 12 months, you should earn € 13,300.

What jobs pay well in Spain?

What is the best-paid job in Spain?

• Surgeon, with an average salary of 64,500 euros yearly.
• Project manager engineer, 59,900 euros.
• Sales manager, with an average of 58,880 euros.
• And IT director, with 48,000 euros a year.

Why is Spain so broke?

The main cause of Spain’s crisis was the housing bubble and the accompanying unsustainably high GDP growth rate. The results of the crisis were devastating for Spain, including a strong economic downturn, a severe increase in unemployment, and bankruptcies of major companies.

What is the most common job in Spain?

The service sector dominates the Spanish job market and major industries in the country include:

• chemicals.
• food and beverages.
• medical equipment.
• metals and metal manufacturing.
• pharmaceuticals.
• ship building.
• textiles and apparel.
• tourism.

Is Spain richer than UK?

Spain has a GDP per capita of $38,400 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.

Is it easy to get job in Spain?

If you do not have a strong grasp of Spanish then jobs can be hard to find – unless you’re looking for a job with a multinational company, or work in the expat community or tourist areas. There are also opportunities to take Spanish classes once you arrive in Spain.

What is the average yearly income for Spain?

The average annual net income per capita for individuals aged between 30 and 44 years amounted to approximately 11.5 thousand euros in 2019. The age group formed of those over 65 is the one with the largest average annual net income, an income almost three thousands euros higher than that of individuals aged between 16 and 29 years.

What is the minimum wage in Spain?

$553,233.00 USD. Spain has a government-mandated minimum wage, and no worker in Spain can be paid less then this mandatory minimum rate of pay. Employers in Spain who fail to pay the Minimum Wage may be subject to punishment by Spain’s government.

What is the income of Spain?

Money, while it cannot buy happiness, is an important means to achieving higher living standards. In Spain, the average household net-adjusted disposable income per capita is USD 23 999 a year, less than the OECD average of USD 33 604 a year.