Salaries in EXTREMADURA

In 2023, salary statistics in Extremadura reveal a complex landscape characterized by notable disparities when compared to national averages in Spain. The average salary in this region stands at 23,684 euros per year, which is significantly lower than the national average of 28,050 euros, reflecting a difference of 15.6%. This gap underscores the economic challenges faced by the region, as Extremadura often ranks among the areas with the lowest income levels in the country. A closer examination of the gender pay gap in Extremadura indicates that men earn an average of 25,180 euros annually, while women earn an average of 22,182 euros. This results in an 11.9% gender pay gap that highlights ongoing disparities in compensation between genders, a concern that resonates throughout the broader Spanish economy. The type of employment contract also significantly influences salary levels in Extremadura. Those employed under permanent contracts enjoy an average salary of 24,200 euros per year, whereas employees with temporary contracts earn notably less, averaging 19,836 euros. This stark contrast emphasizes the importance of job security in achieving higher earnings. Sector distribution reveals distinct variations in hourly wages across different industries. In the industrial sector, workers earn an average of 14.48 euros per hour, while those in construction receive 12.50 euros per hour. The services sector, which is typically a significant employer in the region, offers a higher hourly wage of 15.83 euros. This sector's relative strength may indicate a shift towards more service-oriented job opportunities in the region's economy. Demographic factors further illuminate the salary landscape in Extremadura. For younger workers under 25, the average salary is strikingly low at -12,861 euros, showcasing the financial difficulties faced by this age group. Salaries increase with age, with individuals aged 25-34 earning an average of 19,254 euros and those in the 35-44 age bracket making 22,002 euros. By the time individuals reach the 45-54 age range, their earnings rise to 24,858 euros, and for those over 55, the average salary peaks at 28,362 euros. This trend indicates that experience and age play a crucial role in salary growth within the region. In summary, Extremadura's salary statistics for 2023 highlight the region's economic challenges, particularly in comparison to national averages. The gender pay gap, the impact of contract types, sector variations, and demographic influences all contribute to a nuanced understanding of income levels in this part of Spain. Addressing these disparities is essential for fostering economic growth and equity in Extremadura's labor market.