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🇪🇸2026 Rates

Spain Minimum Wage

Current minimum wage rates and regulations in Spain for 2026.

Minimum Wage Rates (SMI) 2026

Monthly (14 payments)

1,221

Daily

40.70

Hourly (est.)

8.22

Annual

17,094

Key Information

Salario Mínimo Interprofesional (SMI)

The SMI is Spain's statutory minimum wage, set annually by the government. It applies to all workers regardless of sector and is adjusted based on productivity, inflation, and economic conditions.

14 Payments System

In Spain, salaries are typically paid in 14 installments per year. The SMI of €1,221/month is paid 14 times, giving an annual total of €17,094. The extra two payments (pagas extra) are usually in June and December.

Tax-Free SMI

The Spanish minimum wage is exempt from income tax (IRPF). Workers earning only the SMI do not need to file tax returns unless they have other income sources.

Coverage

The SMI applies to all workers aged 18 and over. Domestic workers and agricultural workers are also covered. Some collective agreements may establish higher minimum wages.

Monthly Breakdown

Payment StructureMonthlyAnnual
14 payments (standard)1,22117,094
12 payments (prorated)142517,094

Some employers choose to prorate the extra payments into 12 monthly installments. The annual total remains the same.

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