Which occupations have witnessed the steepest wage increments in Portugal?
The average net salary in Spain increased by 9.86% in the first quarter of 2025, reaching 1,203 euros, according to calculations by research institute ECO based on data published by the National Institute of Statistics (INE). This represents an additional 108 euros compared to the same period last year, when the average net salary was 1,095 euros per month.
After accounting for the impact of inflation, the real growth was 7.2% or 78.9 euros. Approximately one-third of the nominal increase was eroded by price increases, leaving the average net salary at 1,173.9 euros. The increase in the net salary has been consecutive for several years, with growth of €100 last year, reaching €1,142. This was the largest increase of the decade.
There was a more modest quarter-on-quarter increase of 1.6% or 19 euros, compared to the calculated salary of 1,184 euros.
The most significant salary increases were recorded by mid-level technicians, the Armed Forces, teachers, and doctors. Intermediate-level technicians saw the largest increase, with a 11.94% rise, followed by scientific and intellectual activities and the Armed Forces, with increases of 10.14% and 9.9%, respectively.
Representatives of the legislative branch and top managers, unskilled employees, and assembly workers experienced salary growth below the average. The salary of representatives of the Legislature and executive bodies rose by 5.20% in the first quarter, largely due to the end of a 5% salary cut that was in place since the troika period.
In a broader context, wage growth in the Euro Area decelerated in the first quarter of 2025, reflecting broader economic trends and inflationary pressures. Spain, however, continued to see strong wage growth compared to the Euro Area average.
In the given context, here are two sentences containing 'business' and 'finance':
- The increase in the net salary in Spain is a positive sign for businesses, as it could potentially lead to increased consumer spending and a more robust economy.
- The wage growth in Spain, despite a slower pace in the Euro Area, highlights Spain's unique business and finance landscape that continues to outperform the average within the Eurozone.