Overview

• The average gross annual salary rose to €27,558.68 in 2024, up 3.9% from 2023 and marking the slowest increase since the pandemic.
• Energy supply workers earned €62,105.02 on average but were the only group to see labor costs fall, with a 1.1% decline year-on-year.
• Madrid (€33,484.56), País Vasco (€30,839.54) and Catalunya (€29,726.86) reported the highest wages while Extremadura (€22,526.78) and Canarias (€22,531.63) remained at the bottom.
• Regions with below-average pay experienced the largest labor-cost hikes, led by Extremadura (+8.2%) and Murcia (+5.6%), boosted by recent minimum-wage increases.
• Salaries made up 73.4% of total labor costs (€37,525.40), with non-wage expenses such as social contributions and benefits continuing to climb under widespread collective bargaining.