Average Salary in Spain 【 Updated 2021 】 | CareerExplorer

Average salary in Spain for the year 2021 is 32,520 EUR per year.

Average Salary in Spain

The recorded salary range in Spain for the year 2021 is 137,000 EUR to 10,000 EUR per year. While, the average salary in Spain is recorded as 32,520 EUR per year.

Average Salary in Spain 2021:

EXPERIENCEANNUAL SALARY
Less than 2 years20,000 EUR
More than 2 years32,520 EUR
More than 5 years136,500 EUR

Read More: Average Salary in South Africa

How Much Is The Minimum Salary in Spain?

Overall, the average earner has a salary of 2,710 EUR per month or 32,520 EUR per year. When compared to European countries like Germany and the UK, this figure falls short. However, it ranks much higher than most countries, including Italy, Portugal, Greece, Croatia, and Cyprus.  

It is essential to differentiate between an average salary, median income, and the minimum wage in Spain. Unlike average salaries, minimum wages apply to everyone. Minimum wage jobs do not consider factors such as education and experience.  

Instead, the government issues the annual minimum pay rate in Spain, accounting for differences in inflation and unemployment rates. In Spain, the minimum wage is 1,108 EUR per month. 

Similarly, the median income is the halfway point in the country’s cumulative salaries. Below the median income are the lower averages whereas above it is the higher averages. 

The average salary in Spain accounts for taxes, including payments to the public healthcare system and social security. Minimum wages do not consider these factors. 

Highest Average Salaries in Spain 2021:

Most Lucrative Jobs Annual Income
Accounting and Finance
Accountant 25,200 EUR
Accounting Assistant 20,400 EUR
Accounting Manager 47,300 EUR
Bookkeeper 17,200 EUR
Chartered Accountant 31,500 EUR
Corporate Treasurer 46,600 EUR
Financial Analyst 42,100 EUR
Financial Manager 62,900 EUR
Internal Auditor 32,100 EUR
Administration / Reception / Secretarial
Administrative Assistant 18,800 EUR
Office Manager 30,700 EUR
Receptionist 18,200 EUR
Secretary 17,300 EUR
Advertising / Grapic Design / Events
Art Director 32,800 EUR
Creative Director 33,500 EUR
Graphic Designer 22,600 EUR
Photographer 20,300 EUR
Airlines / Aviation / Aerospace / Defense
Aerospace Engineer 44,100 EUR
Air Traffic Controller 38,400 EUR
Flight Attendant 23,600 EUR
Pilot 56,200 EUR
Architecture
Architect 40,500 EUR
CAD Drafter 18,900 EUR
Automotive
Mechanic 13,900 EUR
Service Advisor 23,800 EUR
Banking
Bank Branch Manager 61,500 EUR
Teller 14,700 EUR
Bilingual
Teacher 27,000 EUR
Translator 31,500 EUR
Business Planning
Business Analyst 43,400 EUR
Business Development Manager 51,900 EUR
Project Manager 41,300 EUR
Care Giving and Child Care
Nanny 15,700 EUR
Nursery Teacher 14,400 EUR
Construction / Building / Installation
Civil Engineer 30,200 EUR
Construction Project Manager 55,300 EUR
Health and Safety Officer 16,100 EUR
Customer Service and Call Center
Call Center Representative 14,100 EUR
Customer Service Manager 45,500 EUR
Customer Service Representative 14,500 EUR
Engineering
Civil Engineer 31,800 EUR
Electrical Engineer 34,000 EUR
Engineer 33,000 EUR
Mechanical Engineer 31,500 EUR
Executive and Management
Chief Executive Officer 71,600 EUR
Chief Financial Officer 68,800 EUR
General Manager 58,300 EUR
Project Manager 38,900 EUR
Food / Hospitality / Tourism / Catering
Chef 22,500 EUR
Executive Chef 25,800 EUR
Hotel Manager 57,000 EUR
Receptionist 13,800 EUR
Travel Agent 22,300 EUR
Waiter / Waitress 12,400 EUR
Health and Medical
Dentist 78,900 EUR
Dietitian 64,100 EUR
Laboratory Technician 25,500 EUR
Nurse 28,200 EUR
Human Resources
Human Resources Manager 49,800 EUR
Human Resources Officer 21,700 EUR
Information Technology
Computer Technician 26,400 EUR
Database Administrator 33,200 EUR
Developer / Programmer 33,100 EUR
Information Technology Manager 55,700 EUR
Network Engineer 30,600 EUR
Law Enforcement / Security / Fire
Police Officer 20,500 EUR
Legal
Attorney 63,100 EUR
Legal Assistant 18,800 EUR
Media / Broadcasting / Arts / Entertainment
Journalist 39,600 EUR
Pharmaceutical and Biotechnology
Biomedical Engineer 29,100 EUR
Pharmacist 43,800 EUR
Sales Retail and Wholesale
Cashier 13,700 EUR
Sales Manager 55,100 EUR
Sales Representative 22,300 EUR
Teaching / Education
Elementary School Teacher 23,800 EUR
Secondary School Teacher 27,400 EUR

Read More: Average Salary in Toronto

With an annual GDP of US$1.4 trillion, Spain is one of the richest countries in the world. The country has over 30 billionaires, falling into the top 20 percentile of the world’s billionaire population. As such, the average salary in Spain is higher than that of most European countries.

In fact, the World Bank states that Spain is the fifth richest country in Europe with a growth rate of 2.4%. The nominal GDP rounds up to 26,573 EUR. Although the GDP does not necessarily represent changes in the average pay rates, it is a reliable measure of all wages and salaries.  

How Does Salary Allocation Work in Spain?

The average salary allocation can vary, depending on an employer’s requirements. On the whole, most employers look at experience, education, and gender when assigning their average salary packages in Spain

However, these factors are prioritized differently, depending on the career field. For instance, surgeons, who make at least 64,500 EUR annually, require extensive years of education and experience. The job may have a higher pay-off, but it requires years of learning and practice.

Therefore, for surgeons and other medical field practitioners, the average salary compensation increases with levels of education and experience.  

Location can also determine salary compensation. In Spain, larger cities like Madrid and Barcelona have higher average salary rates. Since the living costs are higher in these cities, the average salary can go up to 3,130 EUR per month (37,560 EUR annually). 

Lastly, gender is also an essential factor in some fields, particularly STEM fields. In recent years, gender disparity in wages has gotten much better. In fact, Spain currently falls in the world’s top 10 countries for gender equalities. 

However, the gender wage gap still exists. On average, women earn 4% less salaries than men in Spain. Men typically make 2,770 EUR monthly. In contrast, women make 2,660 EUR per month.  

Learn More: Average Salary in Mexico

Who Are the Top Earners in Spain?

As mentioned, there are multiple billionaires who have Spanish nationalities. There are around 30 people in the country who have different rankings in the global billionaire index. They are involved in various industries, including investments, banking, and real estate.

However, out of them all, these earners have the highest-paying jobs in Spain:

Amancio Ortega

Ortega is the fifth richest man in the world with a net worth of US$71.3 billion. He owns Inditex, a multinational fashion company. It is based in Arteixo, Galicia in Spain. The company’s most popular label is the clothing brand Zara. 

Apart from fashion, Ortega has various real estate holdings. When combined, his holdings are worth US$17.2 billion. 

Juan Roig

Juan Roig runs the Spanish supermarket chain, Mercadona. He has a net worth of US$5.1 billion, and as such, he is the second richest man in Spain. Although he is the company’s president, he owns 78% shares, making his personal worth around US$4.3 billion. 

Miguel Fluxà Rosselló

Rosselló owns Iberostar Group, which is a multinational tourism corporation. The company’s main focus is its hotel and resort chain, which have multiple locations across Spain, other parts of Europe, and North America. Rosselló is worth around US$3.3 billion. 

Read More: Average Salary in Phillippines

Conclusion

In sum, the average salary in Spain is much higher due to the country’s flourishing economy. Although the average income in Spain is far less than the billionaires mentioned above, the country’s equity rates are quite high. 

On average, salary compensations, particularly in business, medical, and financial fields, are very realistic. They factor in multiple benefits such as paid medical leaves, state pension, and social welfare.   

Written by Alisa Stewart

Leave a Reply

Your email address will not be published. Required fields are marked *