Bank salaries multiply by up to four times those of the services sector, hospitality, and commerce.
The average remuneration in the financial sector reaches 53,251 euros per year, compared to 14,867 euros in personal and leisure services, according to tax statistics.
The salaries of financial and insurance entities have quadrupled the earnings of some branches of services, hospitality and trade, according to a recent report. The average annual remuneration of nearly 390,000 workers in Spain's financial and insurance sector was 53,251 euros. In contrast, the 4.6 million employees in trade and transportation earned a median of 24,111 euros, while the nearly 2.8 million service and leisure sector workers reached only 14,867 euros on average.
These disparities are highlighted in the statistics by the Labor and Pensions Market, updated this Wednesday by the Tax Agency with 2025 data for all provinces, excluding the autonomous communities of Basque Country and Navarre, which have their own tax systems.
Written by urgent.news from El Pais Economia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
