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Key Facts: Spain vs Cayman Islands Wages

Spain Minimum Wage
€7.96/hr ($9.27 USD)
Cayman Islands Minimum Wage
$8.75/hr ($10.50 USD)
Spain Avg. Gross Monthly Salary
€2,450 /mo ($2,853.15 USD)
Data Sources
Ministerio de Trabajo y Economía Social (2026-03-02), Cayman Islands Government — Department of Labour and Pensions (2026-05-04)

Spain flag Spain Cayman Islands flag Cayman Islands

Updated 2026-05-04

Spain flag Spain

Minimum Wage

€7.96 /hr

$9.27 USD

Avg. Gross Salary

€2,450 /mo

Cayman Islands flag Cayman Islands

Minimum Wage

$8.75 /hr

$10.50 USD

Min wage: -12% Spain vs Cayman Islands

Both high-income economies, Spain and Cayman Islands set comparable minimum wage floors in USD terms.

Detailed Comparison

Detailed wage comparison between Spain and Cayman Islands
Metric Spain Cayman Islands
Minimum wage /hr €7.96 $9.27 $8.75 $10.50
Minimum wage /mo €1,221 $1,421.92 $1,516.67 $1,820.08
Minimum wage /yr €17,094 $19,906.84 $18,200 $21,840.87
Avg. gross salary /mo €2,450 /mo $2,853.15 N/A/mo
Avg. net salary /mo €1,900 /mo $2,212.65 N/A/mo
Median individual income /yr €22,000 /yr $25,620.12 N/A/yr

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

Work Week

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.

Cayman Islands

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Labour Act.

• WAGE TRAJECTORY (USD/hr)

Spain Cayman Islands Source: wage.is · USD equivalent/hr

What This Means for Workers

A minimum wage worker in Spain earns 13% less per hour in USD terms than one in the Cayman Islands.

See this comparison from Cayman Islands's perspective: Cayman Islands vs Spain

Compare Spain with...

United States flag Spain vs United States $ 7.25 /hr China flag Spain vs China ¥ 25 /hr Germany flag Spain vs Germany € 13.9 /hr United Kingdom flag Spain vs United Kingdom £ 12.71 /hr India flag Spain vs India ₹ 4,576 /mo Japan flag Spain vs Japan ¥ 1,121 /hr France flag Spain vs France € 12.02 /hr South Korea flag Spain vs South Korea ₩ 10,320 /hr Canada flag Spain vs Canada C$ 18.1 /hr Australia flag Spain vs Australia A$ 24.95 /hr Brazil flag Spain vs Brazil R$ 7.37 /hr Russia flag Spain vs Russia ₽ 156.31 /hr Mexico flag Spain vs Mexico MX$ 9,583.52 /mo Indonesia flag Spain vs Indonesia Rp 33,058 /hr Netherlands flag Spain vs Netherlands € 14.71 /hr Saudi Arabia flag Spain vs Saudi Arabia ﷼ 23.08 /hr Turkey flag Spain vs Turkey ₺ 164.94 /hr Taiwan flag Spain vs Taiwan NT$ 190 /hr Switzerland flag Spain vs Switzerland Poland flag Spain vs Poland zł 31.4 /hr Thailand flag Spain vs Thailand ฿ 10,400 /mo Sweden flag Spain vs Sweden Argentina flag Spain vs Argentina ARS 1,762 /hr Singapore flag Spain vs Singapore

Frequently Asked Questions

Is the minimum wage higher in Spain or Cayman Islands?

In Spain, the minimum wage is €7.96/hr ($9.27 USD). In the Cayman Islands, it is $8.75/hr ($10.50 USD). Cayman Islands has the higher rate by 13% 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 Spain may retain a larger share of their earnings if prices there are lower.

How do work hours compare between Spain and Cayman Islands?

Both Spain and Cayman Islands mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.