23 Jun, 2024 @ 08:00
1 min read

Do you earn above the average? Andalucia comes mid-table in new salary rankings across Spain: Madrid and the Basque Country the highest earners

Cash is still king for majority of people in Spain when going out shopping or to a restaurant

THE average salary in Andalucia crept up to over €2,000 a month in 2022.

At €24,042 a year, it represents a 3.8% increase on 2021, according to the Salary Structure Survey released by the National Institute of Statistics (INE) on Thursday. 

The average salary across Spain came in at €26,949, a 4.1% increase.

Aside from the pocket of Madrid, the affluent north vastly overshadows the wealth of central and southern regions of Spain.

Bad with money
Image from: Cordon Press

The Basque Country and Madrid outpace all with average earnings topping €30,000, standing at €32,314 and €31,231 respectively. 

They are followed by Navarra and Catalonia, where workers earn €29,190 and €28,775 respectively.

Conversely, the lowest wages were reported in Extremadura (€21,923), the Canary Islands (€23,097), Castilla-La Mancha (€23,752), and Murcia (€23,852). 

Joining Andalucia slightly above these figures are Galicia and Castilla y León, with earnings around €24,000. 

Other regions such as Asturias, Aragon, Cantabria, La Rioja, and the Valencian Community also reported wages below the national average.

Particularly noteworthy is the Balearic Islands, where the average salary rose to €27,146, marking the country’s highest year-on-year increase at 12.5%. 

This upward trend in salaries, particularly in regions previously lagging behind, offers a glimpse of a potentially narrowing economic divide, suggesting a slow but steady fiscal recovery in some of Spain’s traditionally lower-wage areas.

Click here to read more News from The Olive Press.

Walter Finch, is the Digital Editor of the Olive Press and occasional roaming photographer who started out at the Daily Mail.
Born in London but having lived in six countries, he is well-travelled and worldly. He studied Philosophy at the University of Birmingham and earned his NCTJ diploma in journalism from London's renowned News Associates during the Covid era.
He got his first break working on the Foreign News desk of the Daily Mail's online arm, where he also helped out on the video desk due to previous experience as a camera operator and filmmaker.
He then decided to escape the confines of London and returned to Spain in 2022, having previously lived in Barcelona for many years.

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