Spain Average Salaries & Expenditures

 
Contents
Average Employment Income   Average Salary per Sector   Total Personal Average Income   Consumption Expenditure   Workforce Composition
Vacation Time   Exchange Rates   Cost of Living   References
 

Average Employment Income

:
annual, per worker, incl. dependent & self employment
   Disposable (1)  Gross (2)   
2002
18,723
11,616
 
21,527
13,356
 
constant 2005 US$ at PPP
current euros
(1)    Based on gross employment average income and non-consumption expenditure per worker.
(2)    Based on salary & business average income per capita and proportion of earners to household size.
Source: Encuesta Continua de Presupuestos Familiares [9], 2002 (1.1 worker and 2.6 persons per household).
 
 

Average Salary in Spain - Sector Comparison.

Sector  Net Monthly Income  constant 2005 US$ (1) Notes                                                                               Gross Monthly Income (1) Compulsory Deductions (3) Weekly Hours (4)
 
Financial average income PPP $ 3,410 $ 3,248 Incl. overtime payments and irregular gratuities, 2005. 3,478 euros 25% 35.2
Gas-Electricity-Water average income PPP $ 3,119 $ 2,972 Incl. overtime payments and irregular gratuities, 2005. 3,140 euros 24% 35.7
Mining-Quarrying average income PPP $ 2,429 $ 2,314 Incl. overtime payments and irregular gratuities, 2005. 2,352 euros 21% 38.5
Transport-Communication average income PPP $ 2,167 $ 2,065 Incl. overtime payments and irregular gratuities, 2005. 2,047 euros 19% 37.2
Manufacturing average income PPP $ 2,059 $ 1,962 Incl. overtime payments and irregular gratuities, 2005. 1,945 euros 19% 36.2
Education average income PPP $ 1,839 $ 1,752 Incl. overtime payments and irregular gratuities, 2005. 1,695 euros 17% 25.4
Construction average income PPP $ 1,752 $ 1,670 Incl. overtime payments and irregular gratuities, 2005. 1,596 euros 16% 38.0
Real Estate average income PPP $ 1,747 $ 1,664 Incl. overtime payments and irregular gratuities, 2005. 1,591 euros 16% 34.0
Hotels-Restaurants average income PPP $ 1,451 $ 1,382 Incl. overtime payments and irregular gratuities, 2005. 1,276 euros 13% 38.6
 
  (1) The net average income in "constant 2005 US$" is computed using the Interbank nominal exchange rate [a] and the U.S. inflation rate [d]. The net average income in "constant 2005 US$" at PPP is computed using the OECD PPP exchange rates for actual individual consumption [l] and the U.S. inflation rate [d]. The latter reflects the purchasing power in the United States in 2005.
  (2) The gross monthly average income is based on data supplied by the Instituto Nacional de Estadística (INE) to the International Labour Organization [9]. The average income includes the salaries and wages of paid employees. Employees include both men and women unless otherwise noted.
  (3) The compulsory deductions are obtained from the OECD Tax Database [k]. The deductions include social security and income tax . The deductions are representative of single-earner-married-without-child status.
  (4) The weekly hours are based on data supplied by the Instituto Nacional de Estadística to the International Labour Organization.
 
 
 
 

Personal Average Income

:
annual, per capita, incl. non-monetary income
   Disposable   Gross   Salary   Business   Property   Transfer (1)    
2002
11,779
7,308
 
13,481
8,364
 
7,683
4,767
 
1,483
920
 
216
134
 
3,546
2,200
 
constant 2005 US$ at PPP
current euros
(1)    Incl. social security benefits.
Source: Encuesta Continua de Presupuestos Familiares [9], 2002 (2.6 persons per household).
 

Consumption Expenditure

:
annual, per capita, incl. non-monetary expenditure
   Total   Health   Housing (1)  Food   Apparel   Education   Transport     
2002
9,806
6,084
 
242
150
 
4,081
2,532
 
2,082
1,292
 
832
516
 
 
1,219
756
 
constant 2005 US$ at PPP
current euros
(1)    Incl. owner-imputed rent, actual rentals, water, supply, repairs, fuel and lighting, furniture, household equipment.
Source: Encuesta Continua de Presupuestos Familiares [9], 2002 (2.6 persons per household).
 

Workforce Composition

:
percentage of total workforce
   Primary (1)  Manufacturing   Education   Financial   Paid Employees   Unemployed  
2005 5.6   16.4   5.8   2.4   81.6   10.1  
%
(1)    Agriculture, hunting, forestry, fishing, mining, and quarrying.
Source: International Labour Organization [9].
 

Workforce Size

 :  
19.0 million (2005).
Source:   International Labour Organization [9].
 

Population

 :  
40.4 million (2006).
Source:   CIA World Factbook [b].
 

Compulsory Deductions

 :  
20.3% for a single with no child, 14.5% for a single with two children, 16.4% for a one-earner married couple with no child, and 13.0% for a one-earner married couple with two children.
Source:   OECD Tax Database, 2005, combined deductions on a gross monthly salary income of 1,725 euros [k].
 

Vacation Time

 :  
30 calendar days per year legally required minimum [e].
 

Inflation

 :  
116.3 (2001), 120.8 (2002), 124.5 (2003), 128.0 (2004), 131.5 (2005);
Source:   IMF inflation rates [d], Index: 1995=100.
 

PPP Exchange Rate

 :  
0.703 (2001), 0.673 (2002), 0.708 (2003), 0.719 (2004), 0.765 (2005), 0.741 (2006), 0.742 (2007), 0.745 (2008);
Source:   OECD PPP exchange rates for actual individual consumption [l], euros per U.S. dollar.
 

Nominal Exchange Rate

 :  
1.115 (2001), 1.057 (2002), 0.883 (2003), 0.804 (2004), 0.803 (2005);
Source:   Interbank nominal exchange rates [a], euros per U.S. dollar.
 

Cost of Living

 :  
0.678 (2001), 0.734 (2002), 0.897 (2003), 1.000 (2004), 1.019 (2005);
Source:   Interbank nominal exchange rates [a] and IMF PPP exchange rates [d], US=1.000.
 

 

References

 
[9]   International Labour Organization. Compilation of average salary income worldwide. Classified by country, by employment category, and by gender.
[a]   Interbank nominal exchange rate, Oanda.com; historical currency converter for over 164 currencies and 3 metals.
[d]   World Economic Outlook Database, September 2006, International Monetary Fund.
[e]   Vacation - Wikipedia, from Wikipedia, the free encyclopedia.
[k]   OECD Tax Database. Annual database providing comparative information on personal and corporate income tax and consumption tax systems and rates in OECD countries since 2000. Information on social security contributions levied on employees and their employers is also reported.
[l]   OECD. PPP exchange rates for actual individual consumption.
 
Other links:
Spain: Selected Internet Resources, U.S. Library of Congress.
Spain Economy Overview, CIA World Factbook.
Spain: Statistics, Organization for Economic Co-Operation and Development (OECD).
Social Security in Spain, Social Security Programs Throughout the World, 2004-2005, compiled by the U.S. Social Security Administration.
Income Tax in Spain, Strong-Abogados, Spanish law firm.
Spain in Figures, 2006, Instituto Nacional de Estadística.
Statistical Yearbook of Spain, 1858-2006, Instituto Nacional de Estadística.
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