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Spaniards’ income remains at 92% of EU average, same as 8 years ago
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The Corner
Yesterday, the Prime Minister closed the political season with his usual triumphalist tone regarding the performance of the economy.
A tone constantly refuted by reality and by surveys of Spaniards, which point to “housing” and the economic crisis as their main problems.
This, combined with NextGen funds and a steady rise in tourism, boosts GDP—but not the per capita income of Spaniards, which remains 8 percentage points below the European average.
In purchasing power parity, Spain remains eight points below the European Union average.
This data also indicates that we are nearly €6,000 away from the European average of €34,120, and €9,000 away from the eurozone average, which stood at €36,940.