67
Spain
Q4 2021
Total Labor Force (000s)
23,448
Employed Workers (000s) 20,031
Unemployed Workers (000s) 3,416
Unemployment Rate 14.6%
19,875
19,681
19,176
19,208
20,031
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
13.9%
14.4%
16.3%
16.0%
14.6%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
82% - First Vaccine Dose
(December 2021)
Covid Update
In some parts of Spain,
health certificates are
required for hospitality
and entertainment
venues.
Restrictions vary by
region and include
curfews, reduced opening
hours and capacity limits.
Vaccine mandates for
workers or age groups
have not been
implemented.
30%
25%
21%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Spain Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$2,750
$3,162
$7.31
$0
$5
$10
$15
$0
$2,500
$5,000
$7,500
Average Wage Manufacturing
Wage
Minimum Wage
Spain Regional Average
Year on year wage inflation in August '21 was 16.75%.
In November '21, there were almost 53K open job vacancies.
Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
Hiring Demand Trend by Experience Level
TalentNeuron
Monthly Hourly
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
https://ec.europa.eu/eurostat
https://www.ine.es
