Andorra Average Salary Hits €2,760 in May with 7.7% Rise
Andorra's Department of Statistics reports robust wage growth across all sectors. Salaried employment expanded, with retail trade and finance leading gains, pushing total wage mass to a record high.
Key Points
- Average monthly salary rose 7.7% to €2,760.46; median up 5.2% to €2,235.73
- Retail trade surged 14.5% to €2,405.99; finance led at €4,972.10, up 11.3%
- Salaried employment grew 2.5% to 44,729; wage mass up 10.4% to €123.47M
- First five months of 2026 averaged €2,777.01, with June prelims showing continued gains
Andorra's average monthly salary reached €2,760.46 in May, marking a 7.7% increase from the previous year, based on semi-definite figures from the Department of Statistics. The median salary climbed 5.2% to €2,235.73, with half of all salaried workers earning below this level. The €1,500 to €1,600 range remained the most common, representing 5.4% of the workforce.
Retail trade posted the strongest growth at 14.5%, lifting its average to €2,405.99. Motor vehicle sales and repair followed with a 12.7% rise to €2,680.43. Finance led all sectors with €4,972.10, up 11.3%, while electricity, gas and water supply averaged €3,607.83 and public administration €3,381.25. Lower-paying sectors with significant employment included domestic staff households at €1,936.45, agriculture at €2,000.11 and hospitality at €2,151.69. Every sector recorded higher averages than in May 2025.
Salaried employment totalled 44,729, a 2.5% or 1,112-worker increase year-on-year. Agriculture, livestock, hunting and forestry expanded by 8.2%, construction by 5.6%, and real estate plus business services added 332 jobs to hit 8,075.
Overall wage mass rose 10.4% to €123.47 million, driven by gains across all sectors. Retail trade and finance each advanced 15.4%.
Over the first five months of 2026, average salaries stood at €2,777.01, up 5.4%, with a monthly average of 47,965 workers—a 2.1% gain—pushing wage mass to €133.20 million, a 7.6% increase.
Preliminary June data indicated ongoing momentum, showing 45,707 workers (up 3.4%), €126.89 million in wage mass (up 8.4%), average salary of €2,776.18 (up 4.8%) and median of €2,235.29 (up 4.5%).
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