Real minimum wages at constant prices — Statutory minimum wages in Spain
Spain: Real minimum wages at constant prices — Statutory minimum wages was 18,731 US dollars, exchange rate converted in 2025. ▲ Rising
Real minimum wages at constant prices — Statutory minimum wages in Spain, 1963–2025
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
In 2025, real minimum wages at constant prices — statutory minimum wages in Spain stood at 18,731 US dollars, exchange rate converted. That is the highest value across all 63 years on record.
The figure is up 1.7% on the previous year and up 44.0% over ten years.
Over the whole period, real minimum wages at constant prices — statutory minimum wages in Spain peaked at 18,731 US dollars, exchange rate converted in 2025 and was at its lowest, 5,760 US dollars, exchange rate converted, in 1965.
That places Spain 11th out of 26 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 63 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6,922 US dollars, exchange rate converted | 5,760 US dollars, exchange rate converted | 8,078 US dollars, exchange rate converted | 7 |
| 1970s | 11,124 US dollars, exchange rate converted | 8,652 US dollars, exchange rate converted | 13,419 US dollars, exchange rate converted | 10 |
| 1980s | 12,766 US dollars, exchange rate converted | 12,329 US dollars, exchange rate converted | 13,195 US dollars, exchange rate converted | 10 |
| 1990s | 12,233 US dollars, exchange rate converted | 12,062 US dollars, exchange rate converted | 12,440 US dollars, exchange rate converted | 10 |
| 2000s | 12,239 US dollars, exchange rate converted | 11,429 US dollars, exchange rate converted | 13,569 US dollars, exchange rate converted | 10 |
| 2010s | 13,721 US dollars, exchange rate converted | 12,857 US dollars, exchange rate converted | 17,325 US dollars, exchange rate converted | 10 |
| 2020s | 18,101 US dollars, exchange rate converted | 17,283 US dollars, exchange rate converted | 18,731 US dollars, exchange rate converted | 6 |
Countries ranked near Spain
- 8 Canada 24,652 US dollars, exchange rate converted compare
- 9 France 24,432 US dollars, exchange rate converted compare
- 10 Israel 21,400 US dollars, exchange rate converted compare
- 12 United States 15,080 US dollars, exchange rate converted compare
- 13 Japan 14,892 US dollars, exchange rate converted compare
- 14 Portugal 13,763 US dollars, exchange rate converted compare
More economy & growth data for Spain
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- Taxes less subsidies on products (current LCU), annual growth rate 11.71 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0831 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,208 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.005 (1998)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 200.79 (1998)
- Domestic currency per US dollar (End-of-period (EoP)) 142.61 (1998)
- US dollar per domestic currency (End-of-period (EoP)) 0.007 (1998)
- Gdp worldbank constant usd, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is real minimum wages at constant prices — statutory minimum wages in Spain?
- Real minimum wages at constant prices — statutory minimum wages in Spain was 18,731 US dollars, exchange rate converted in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest real minimum wages at constant prices — statutory minimum wages recorded in Spain?
- The highest recorded value was 18,731 US dollars, exchange rate converted in 2025.
- What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in Spain?
- The lowest recorded value was 5,760 US dollars, exchange rate converted in 1965.
- How does Spain rank for real minimum wages at constant prices — statutory minimum wages?
- Spain ranks 11th out of 26 countries with data for 2025.
- Is real minimum wages at constant prices — statutory minimum wages rising or falling in Spain?
- Over the last ten years it is up 44.0%. The long-run trend across the full record is rising.
- Where does this Spain data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Real minimum wages at constant prices — Statutory minimum wages. Statizoid updates them automatically from the source API.
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About this data
Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.