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Stagnant wages are driving Eastern European workers out of Spain
Real wages in Spain rose by just 887 euros over 30 years, a 2.76% increase, eleven times less than the OECD average. Nearly a third of Romanian and Bulgarian workers are leaving.
Why are Romanian and Bulgarian workers leaving? The real wage data explains the exodus
Nearly a third of the workers who came to Spain from Romania and Bulgaria are now leaving the country. The reason is no mystery: real wages have barely grown in three decades. One figure sums it up: between 1994 and 2024, the average real wage went from 32,157 to 33,044 euros (in 2024 values). A net gain of 887 euros over thirty years, a real increase of just 2.76%.
The worst wage performance in the OECD
That 2.76% is eleven times below the OECD average (30.8%), and far behind France (28.4%) or Germany (24.1%). While these workers' home countries have improved their living standards, Spain offers the same as in the 90s. Or worse, because the tax burden on wages has doubled and housing is unaffordable.
The productivity trap
Wage stagnation is the symptom of an economy that fails to grow in added value. When a Romanian or Bulgarian worker compares what they earn in Spain with what they could earn at home or in Central Europe, the balance tips toward leaving. Official propaganda cannot hide reality: the OECD figures speak for themselves.
Meanwhile, the official line insists we are booming. It is hard not to smile.
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication.
Read the full discussion (11 replies).
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