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Spain Launches 2026 Minimum Wage Review With Expert Panel Convened

An expert panel will draft a non-binding range to guide a year-end decision, guided by purchasing-power preservation plus a 60% of average wage target.

Overview

  • Second Deputy Prime Minister Yolanda Díaz convened the annual commission of experts on Wednesday to open the process that will set next year’s statutory minimum wage.
  • Roughly three million workers and thousands of firms would be directly affected by the outcome, with the new rate due to take effect in January 2026.
  • The advisers will weigh inflation trending near 2.5% so far this year and negotiated pay rises around 3.5% as they frame options for the increase.
  • Spain’s current minimum stands at €1,184 a month after a 4.4% (€50) rise last year that the employers’ confederation did not support.
  • The experts’ recommendations are advisory only, the government will consult unions and employers before deciding, and unions are pressing for an anti-absorption rule that the CEOE resists.