The average salary in Spain has grown up to 1,987 euros on average. Inflation leaves us 578 euros a year in the pocket

The average salary in Spain maintains Your upward trend of 2021, managing to link fifteen consecutive quarters of interannual ascent in the State as a whole. This climb leaves the average salary in its historical maximum, according to The semiannual report points ‘Adecco of opportunities and employment satisfaction’ monitor ‘that has been monitoring wages and the Workers’ satisfaction.

Best average salary for all. The average salary in Spain has received A remarkable improvement Since 2022.al and as indicated by the authors of the Adecco Group report, this recovery is due to a 3.8% increase in nominal wages during 2024.

Despite the good data, the authors of the study remember that this increase is the second lowest of the last fifteen quarters, only ahead of the 3.4% increase recorded in 2021. With this increase, the average salary in Spain is located in the historical maximum of the 1,987 euros per month on average and, for the first time in the series, no autonomous community has an average salary of less than 1,600 euros per month.

Rich autonomy, poor autonomy. Despite this generalized improvement, there is still a large salary difference depending on the community in which it is resided. The best average remuneration is given in the community of Madrid and the Basque Country, with average salaries of 2,384 euros and 2,248 euros respectively, followed by Navarra and Catalonia that close the group with salaries above 2,000 euros.

At the tail in salaries we find Andalusia, with an average salary of 1,750 euros, the Canary Islands, with 1,668 euros and closes the Extremadura list with 1,641 euros on average. However, despite registering the lowest average salary in Spain, Extremadura is the one that has received the greatest interannual increase, with 7.4%, which has allowed it to cut distances with the Canary Islands.

SPANA SALARIES
SPANA SALARIES

The purchasing power is improved. Although the salary increases They are always good news, the inflation can dilute them cutting the purchasing power of those salaries. By putting salaries in relation to prices, Adecco Group Institute has observed an improvement in the average purchasing power of salaries, encrypting the increase in 578 euros per year for the whole of Spain, which implies an improvement of 2.5% average in its purchasing power.

“Even so, the purchase capacity of the current average salary is 7.9 % lower than the largest purchasing power of the historical series, reached in 2009,” the authors of the report point out.

Inflation ballast. Again, the autonomous fluctuation of inflation has made differences in this data. The ones who have seen their purchasing power most have been the workers of Balearic Islands and Madrid, with 1,351 euros and 1,213 euros per year of improvement respectively, followed by the Region of Murcia and Extremadura with 871 euros and 757 euros a year.

Purchasing power
Purchasing power

However, despite generalized improvements, two communities They have lost purchasing power In the last year. The salary increase in Cantabria could not cushion inflation and its workers lost 72 euros of purchasing power per year. Worst are the data of the Canary Islands, whose salaries lost 209 euros a year in purchasing capacity.

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Image | Unspash (Sam Moghadam)

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