How Do Salaries in Испания Compare to Латвия?

Испания pays 60% more than Латвия on average. The mean gross salary in Испания is 32 000 €/yr versus 20 000 €/yr in Латвия. Латвия has a lower cost of living index (34.2 vs 52.4).

🇪🇸 Испания
32 000 €
Average Salary
VS
Латвия
20 000 €
Average Salary
bolt Накратко
  • Испания pays 60% more than Латвия (32 000 € vs 20 000 €/yr)
  • Латвия has a lower cost of living index (34.2 vs 52.4)
  • Испания has lower minimum tax rates (Испания: 19-47%, Латвия: 20-31%)

Side-by-Side Comparison

🇪🇸 Испания Латвия
Average Salary 32 000 €/yr 20 000 €/yr
Minimum Wage €8.45/hr €4.27/hr
Income Tax Rate 19-47% 20-31%
Cost of Living Index 52.4 34.2

Salary Difference

🇪🇸 Испания
32 000 €
Латвия
20 000 €
trending_up +60% (12 000 €/yr)

Which Country Is Better?

payments

Higher Average Salary

🇪🇸 Испания

Испания offers 60% higher average salaries (32 000 € vs 20 000 €/yr).

receipt_long

Lower Tax Rates

🇪🇸 Испания

Испания has lower starting tax rates, which can mean more take-home pay at lower income brackets.

shopping_cart

Lower Cost of Living

Латвия

Латвия has a cost of living index of 34.2 compared to 52.4, meaning everyday expenses are more affordable.

Salary by Sector: Испания vs Латвия

Sector 🇪🇸 Испания Латвия Edge
Technology & IT 42 000 € 26 000 € 🇪🇸 +62%
Finance & Banking 46 000 € 24 000 € 🇪🇸 +92%
Healthcare 38 000 € 16 000 € 🇪🇸 +138%
Engineering 40 000 € 20 000 € 🇪🇸 +100%
Education 32 000 € 14 000 € 🇪🇸 +129%
Manufacturing 30 000 € 14 000 € 🇪🇸 +114%

Average annual gross salary in EUR. Source: Eurostat SES 2022/2024, national statistics offices.

Which Country Pays More — By Job Category

#1 Finance & Banking 🇪🇸 Испания 46 000 € vs 24 000 € — Испания higher by 92%
#2 Healthcare 🇪🇸 Испания 38 000 € vs 16 000 € — Испания higher by 138%
#3 Engineering 🇪🇸 Испания 40 000 € vs 20 000 € — Испания higher by 100%
#4 Education 🇪🇸 Испания 32 000 € vs 14 000 € — Испания higher by 129%
#5 Technology & IT 🇪🇸 Испания 42 000 € vs 26 000 € — Испания higher by 62%
🇪🇸 Испания View full salary profile → Латвия View full salary profile →

Related Country Comparisons

🇪🇸 Испания vs 🇩🇪 Германия 🇪🇸 Испания vs 🇫🇷 Франция 🇪🇸 Испания vs 🇳🇱 Нидерландия Латвия vs 🇧🇪 Белгия Латвия vs 🇮🇹 Италия Латвия vs 🇵🇹 Португалия

Data Sources & Methodology

This salary comparison is compiled from multiple verified sources:

account_balance Eurostat

EU Labour Force Survey & Structure of Earnings Survey

work Job Postings

50+ European job boards, 100K+ listings/month

group Anonymous Reports

User-submitted, validated against statistical models

Last updated: April 2026

Често задавани въпроси

Which country pays more, Испания or Латвия?

Испания pays 60% more on average. The mean gross salary is 32 000 €/yr in Испания compared to 20 000 €/yr in Латвия.

What is the minimum wage in Испания vs Латвия?

The minimum wage in Испания is €8.45/hr and in Латвия it is €4.27/hr. Note that some countries like Italy and Sweden have no statutory minimum wage — wages are set by collective agreements instead.

What are the tax rates in Испания compared to Латвия?

Income tax rates in Испания range from 19-47% while in Латвия they range from 20-31%. Effective tax rates depend on income level, deductions, and personal circumstances.

Is cost of living higher in Испания or Латвия?

Испания has a cost of living index of 52.4 while Латвия has 34.2. Латвия is more affordable for everyday expenses like rent, groceries, and transportation.

Is the salary data for Испания and Латвия reliable?

Yes. EuroSalary aggregates data from Eurostat, verified job postings from 50+ European job boards, and validated anonymous salary reports. Data is updated regularly and cross-referenced with official EU statistics for 2026.