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Spaniards allocate 39.3% of their salary to pay taxes, almost 5 points more than the OECD average

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Spaniards allocate 39.3% of their salary to pay taxes, almost 5 points more than the OECD average

39.3% of the salary of Spanish workers was used to pay taxes and Social Security contributions in 2021, compared to 34.6% of the average of the Organization for Economic Cooperation and Development (OECD), according to the 'Taxing Wages' report published by this organization.

While in the OECD the tax burden on wages was reduced by 0.06 percentage points compared to 2020, in Spain an increase of 28 basis points was observed. Specifically, personal income tax weighed 11.3% on wages in Spain, compared to 13% of the me

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