In Q3 2016, Spain's statistic institute (INE) reported that the average salary in Spain decreased 0.3 percent to EUR 1,804.01 per month, or EUR 21,648 per year, which made up 73.8 percent of the total laboral cost per employee, which was EUR 2,444.80 per month or EUR 29,337 annually.

Survey websites, however, typically estimate higher average salaries in Spain for top positions, calculating the average wage in Spain at around EUR 48,000–50,000 (around EUR 35,000 net), although the most frequent gross salary is estimated at around EUR 25,000. Other estimates of average wages in Spain include:

• Directors, CEOs: EUR 80,000–120,000
• Executive managers: EUR 70,000–75,000
• IT and engineers: EUR 40,000–60,000
• Sales, marketing and HR: EUR 35,000–55,000
• Support services, translation, creative industries: EUR 10,000–30,000

Banking, financial and insurance companies reportedly pay the highest salaries in Spain.

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