Spaniards pay 39% of their wages in taxes: five points above OECD average


Finance Minister, Maru
Minister of Finance, Maria Jess Monteiro.EFE

spanish worker They allocate 39.3% of their salary to pay taxes and contributions social, which means five points Organization for Economic Co-operation and Development (OECD) average. And, in addition, the data that the OECD released in its report today tax wages It turns out that the Spanish figure increased by 28 basis points between 2020 and 2021, while the overall average decreased by 0.06 points.

Specifically, in Spain the weighting of personal income tax on salaries is 11.3%, compared to 13% of the OECD average; Social contributions, paid by companies, are 23% and those paid by workers, 4.9%, while the so-called club of developed countries averages 13.5% and 8.2%, respectively.

Therefore, the biggest difference is in the area of ​​social contribution, which is part of the total salary of the taxpayer on behalf of the company and that of the employee, and Which will register an overall growth of 0.6% in 2023 As part of Escrive pension reform.

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