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.

Walter Finch

Walter Finch, who comes from a background in video and photography, is keen on reporting on and investigating organised crime, corruption and abuse of power. He is fascinated by the nexus between politics, business and law-breaking, as well as other wider trends that affect society.
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 diploma in journalism from London's renowned News Associates during the Covid era.
He got his first break in the business working on the Foreign News desk of the Daily Mail's online arm, where he also helped out on the video desk.
He then decided to escape the confines of London and returned to Spain in 2022, having previously lived in Barcelona for many years.
He took up up a reporter role with the Olive Press Newspaper and today he is based in La Linea de la Concepcion at the heart of a global chokepoint and crucial maritime hub, where he edits the Olive Press Gibraltar edition.
He is also the deputy news editor across all editions of the newspaper.

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