Spanish salaries are a third below EU average

28th August 2006, Comments 0 comments

28 August 2006, MADRID — Despite record economic growth in recent years, the average salary in Spain is one third lower than the EU average, according to a new report.

28 August 2006

MADRID — Despite record economic growth in recent years, the average salary in Spain is one third lower than the EU average, according to a new report.

The European Union statistics agency Eurostat says Spaniards take home an average pre-tax salary of EUR 21,063 per year.

This compares with EUR 28,024 across the 25-nation bloc.

Spanish salaries rank below those paid in the new member state of Cyprus (EUR 22,315) but above wages in Greece (EUR 18,751) and Portugal (EUR 13,609).

The highest salaries are paid to the Danish (EUR 41,736), while the lowest paid are the Latvians, who get EUR 3,616 per year on average.

[Copyright EFE with Expatica]

Subject: Spanish news

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