Spain Minimum Wage Rate 2018
Spain has a government-mandated minimum wage, and no worker in Spain can be paid less then this mandatory minimum rate of pay. Employers in Spain who fail to pay the Minimum Wage may be subject to punishment by Spain's government.
What is the Spain Minimum Wage?
Spain's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
Spain's minimum wage rate is €764.40 per month in 12 payments,€655.20 per month in 14 payments,applicable to all workers. Spain's minimum wage was last changed in 1-Jan-2016.
How does Spain's minimum wage compare to the minimum wage in other countries?
Spain's yearly minimum wage is $11,426.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 14 countries with a higher Minimum Wage then Spain, and Spain is in the top 7 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Spain
Spain is a country located in the Southern Europe region with a population of 39,441,700 and an average life span of 78.8 years.
|Gross National Product||$553,233.00|
|Government Type||Constitutional Monarchy|
|Current Leader||Juan Carlos I|
|Continent & Region||Europe, Southern Europe|
|Surface Area||505,992 square kilometers|
|ISO 3166 Country Code||ES|
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