Key Facts: Spain vs Faroe Islands Wages
- Spain Minimum Wage
- €7.96/hr ($9.27 USD)
- Faroe Islands Minimum Wage
- No statutory minimum wage
- Spain Avg. Gross Monthly Salary
- €2,450 /mo ($2,853.15 USD)
- Faroe Islands Avg. Gross Monthly Salary
- kr34,278 /mo ($5,341.42 USD)
- Data Sources
- Ministerio de Trabajo y Economía Social (2026-03-02), Statistics Faroe Islands (hagstova.fo) (2026-05-04)
Spain 
Faroe Islands
Updated 2026-05-04
Unlike Faroe Islands, which has no statutory minimum wage, Spain mandates a wage floor of $9/hr. Average salaries are lower in Spain at $2,853/mo compared to $5,341/mo in Faroe Islands.
Detailed Comparison
| Metric | Spain | Faroe Islands |
|---|---|---|
| Minimum wage /hr | €7.96 $9.27 | None |
| Minimum wage /mo | €1,221 $1,421.92 | None |
| Minimum wage /yr | €17,094 $19,906.84 | None |
| Avg. gross salary /mo | €2,450 /mo $2,853.15 | kr34,278 /mo $5,341.42 |
| 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.
- Faroe Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Working conditions governed by collective agreements.
See this comparison from Faroe Islands's perspective: Faroe Islands vs Spain
Compare Spain with...
Spain vs United States $ 7.25 /hr 
Spain vs China ¥ 25 /hr 
Spain vs Germany € 13.9 /hr 
Spain vs United Kingdom £ 12.71 /hr 
Spain vs India ₹ 4,576 /mo 
Spain vs Japan ¥ 1,121 /hr 
Spain vs France € 12.02 /hr 
Spain vs South Korea ₩ 10,320 /hr 
Spain vs Canada C$ 18.1 /hr 
Spain vs Australia A$ 24.95 /hr 
Spain vs Brazil R$ 7.37 /hr 
Spain vs Russia ₽ 156.31 /hr 
Spain vs Mexico MX$ 9,583.52 /mo 
Spain vs Indonesia Rp 33,058 /hr 
Spain vs Netherlands € 14.71 /hr 
Spain vs Saudi Arabia ﷼ 23.08 /hr 
Spain vs Turkey ₺ 164.94 /hr 
Spain vs Taiwan NT$ 190 /hr 
Spain vs Switzerland 
Spain vs Poland zł 31.4 /hr 
Spain vs Thailand ฿ 10,400 /mo 
Spain vs Sweden 
Spain vs Argentina ARS 1,762 /hr 
Spain vs Singapore Frequently Asked Questions
Is the minimum wage higher in Spain or Faroe Islands?
In Spain, the minimum wage is €7.96/hr ($9.27 USD). In Faroe Islands, it is no statutory minimum wage.
How much less does the average worker earn in Spain compared to Faroe Islands?
The average gross salary in Spain is €2,450/mo ($2,853.15 USD), compared to kr34,278/mo ($5,341.42 USD) in Faroe Islands. In USD terms, workers in Spain earn approximately 87% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Spain and Faroe Islands is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Faroe Islands earn more in nominal terms, though how far that income stretches depends on local prices in Spain.
How do work hours compare between Spain and Faroe Islands?
Both Spain and Faroe 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.