Skip to main content

Key Facts: Iran vs Spain Wages

Iran Minimum Wage
﷼692,731/hr ($1.02 USD)
Spain Minimum Wage
€7.96/hr ($9.27 USD)
Iran Avg. Gross Monthly Salary
﷼400,000,000 /mo ($588.24 USD)
Spain Avg. Gross Monthly Salary
€2,450 /mo ($2,853.15 USD)
Data Sources
Supreme Labour Council / ILO ILOSTAT. 2026 (Iranian year 1405) figure verified via WageIndicator (March 22, 2026 update) and Euronews coverage of 60% nominal increase amid sanctions pressure. (2026-05-04), Ministerio de Trabajo y Economía Social (2026-03-02)

Iran flag Iran Spain flag Spain

Updated 2026-05-04

Iran flag Iran

Minimum Wage

﷼692,731 /hr

$1.02 USD

Avg. Gross Salary

﷼400,000,000 /mo

Spain flag Spain

Minimum Wage

€7.96 /hr

$9.27 USD

Avg. Gross Salary

€2,450 /mo

Min wage: -89% Iran vs Spain Avg. salary: -79% Iran vs Spain

The minimum wage in Iran is roughly 9 times lower than in Spain in USD terms, reflecting the gap between a lower-middle-income and a high-income economy. Average gross salaries diverge further: $588/mo in Iran versus $2,853/mo in Spain, a 4.9:1 ratio. GDP per capita (PPP) in Spain is 2.9x that of Iran, underscoring the structural economic divide.

From Iran's perspective: adjusting for purchasing power, Iran's minimum wage buys less than Spain's. The PPP-adjusted hourly rate in Iran is $6 international dollars, compared to $14 in Spain. Iran has lower GDP per capita ($19,874 vs $57,965). Iran's unemployment rate is 8.3% compared to Spain's 10.4%.

Detailed Comparison

Detailed wage comparison between Iran and Spain
Metric Iran Spain
Minimum wage /hr ﷼692,731 $1.02 €7.96 $9.27
Minimum wage /day ﷼5,541,850 $8.15
Minimum wage /mo ﷼166,255,500 $244.49 €1,221 $1,421.92
Minimum wage /yr ﷼1,995,066,000 $2,933.92 €17,094 $19,906.84
Avg. gross salary /mo ﷼400,000,000 /mo $588.24 €2,450 /mo $2,853.15
Avg. net salary /mo N/A/mo €1,900 /mo $2,212.65
Median individual income /yr ﷼1,440,000,000 /yr $2,117.65 €22,000 /yr $25,620.12

Percentage differences are based on USD equivalent values. Positive means Iran is higher.

Work Week

Iran

44 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.4x pay

Article 51 of the Labour Law sets ordinary working hours at 44 hours per week (8 hours/day, 6 days, with 4 hours on the sixth day — or equivalent arrangements). Maximum including overtime is 48 hours/week. Overtime is compensated at 140% of the ordinary hourly rate. Friday is the official weekly rest day. Workers in hazardous conditions have reduced hours.

Spain

40 hrs/wk standard

Max 48 hrs/wk

Standard workweek is 40 hours (Workers' Statute, Article 34). Maximum 80 hours of overtime per year. Overtime compensation is set by collective agreement or individual contract, with a minimum of regular hourly rate or equivalent time off. EU Working Time Directive caps average weekly hours at 48.

• WAGE TRAJECTORY (USD/hr)

Iran Spain Source: wage.is · USD equivalent/hr

What This Means for Workers

A minimum wage worker in Iran earns 810% less per hour in USD terms than one in Spain. Standard work weeks differ: Iran mandates 44 hours while Spain mandates 40 hours. A minimum wage worker's weekly earnings in Iran are $45 vs $371 in Spain.

See this comparison from Spain's perspective: Spain vs Iran

Compare Iran with...

Frequently Asked Questions

Is the minimum wage higher in Iran or Spain?

In Iran, the minimum wage is ﷼692,731/hr ($1.02 USD). In Spain, it is €7.96/hr ($9.27 USD). Spain has the higher rate by 810% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Iran may retain a larger share of their earnings if prices there are lower.

How much less does the average worker earn in Iran compared to Spain?

The average gross salary in Iran is ﷼400,000,000/mo ($588.24 USD), compared to €2,450/mo ($2,853.15 USD) in Spain. In USD terms, workers in Iran earn approximately 385% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Iran and Spain is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Spain earn more in nominal terms, though how far that income stretches depends on local prices in Iran.

Which country has better purchasing power for minimum wage workers, Iran or Spain?

After adjusting for local prices using purchasing power parity (PPP), minimum wage workers in Spain can afford more than those in Iran. The PPP-adjusted rate is $6 in Iran and $14 in Spain. PPP converts wages into equivalent US dollar buying power, accounting for what a unit of currency actually buys locally. The 143% purchasing power gap means that even if the nominal wage in Iran appears competitive, minimum wage workers there face greater constraints on day-to-day spending.

How do work hours compare between Iran and Spain?

Iran has a longer standard work week at 44 hours, compared to 40 hours in Spain. Workers in Iran work 44 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Spain working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.

What is the cost of living difference between Iran and Spain?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Spain has the higher GDP per capita at $57,965, which is 2.9x that of Iran at $19,874. From Iran's perspective, this means goods and services are priced at a lower economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.