Compensation of employees per hour worked in Balearic Islands

Compensation of employees per hour worked in Balearic Islands was €25.19 in 2024, according to Eurostat. That is up 7.6% from 2023. That is the 6th highest of 19 autonomous communities in 2024.

2024, EUR25.19 Estimated
Change on 2023+7.6%
Series high25.192024
Series low12.812000

Compensation of employees per hour worked in Balearic Islands, 2000 to 2024

12.51517.52022.52527.520002004200820122016202020242000: 12.81 EUR2001: 13.08 EUR2002: 13.62 EUR2003: 13.88 EUR2004: 14.79 EUR2005: 14.93 EUR2006: 15.48 EUR2007: 15.94 EUR2008: 17.13 EUR2009: 17.52 EUR2010: 18.07 EUR2011: 18.31 EUR2012: 17.98 EUR2013: 18.3 EUR2014: 18.12 EUR2015: 18.65 EUR2016: 18.74 EUR2017: 19.46 EUR2018: 19.69 EUR2019: 20.5 EUR2020: 21.68 EUR2021: 21.77 EUR2022: 22.32 EUR2023: 23.4 EUR2024: 25.19 EUR
EUR. Source: Invokely calculation with data from Eurostat. Retrieved 2026-10-12.
All 25 values
PeriodEUR
202425.19 Estimated
202323.4 Estimated
202222.32
202121.77
202021.68
201920.5
201819.69
201719.46
201618.74
201518.65
201418.12
201318.3
201217.98
201118.31
201018.07
200917.52
200817.13
200715.94
200615.48
200514.93
200414.79
200313.88
200213.62
200113.08
200012.81

Compared with Spain and European Union (27)

Place2024
Balearic Islands25.19
Spain25.6
European Union (27)29.55

Rankings

Definition

Wages, salaries and employers' social contributions divided by the hours actually worked by employees, in euros per hour, for the place where people work (Eurostat regional accounts).

A labour cost measure, higher than take-home pay because it includes employers' social contributions. Price levels differ between countries.

How it is calculated

Invokely calculation: compensation of employees (Eurostat nama_10r_2coe, EUR million) divided by hours worked by employees (Eurostat nama_10r_2emhrw), same place and year, times 1,000,000. This is how Eurostat computes regional compensation per hour worked.

Inputs

How to cite

Invokely calculation from Compensation of employees (Eurostat nama_10r_2coe) divided by hours worked by employees (Eurostat nama_10r_2emhrw). https://invokely.ai/docs/methodology#compensation_per_hour_worked_eur. Retrieved 2026-10-12.

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Questions

What is the compensation of employees per hour worked in Balearic Islands?

Compensation of employees per hour worked in Balearic Islands was €25.19 in 2024, according to Eurostat. That is up 7.6% from 2023. That is the 6th highest of 19 autonomous communities in 2024.

Where does this figure come from?

Invokely. Compensation of employees (Eurostat nama_10r_2coe) divided by hours worked by employees (Eurostat nama_10r_2emhrw). Retrieved by Invokely on 2026-10-12.

What was the highest compensation of employees per hour worked in Balearic Islands?

€25.19 in 2024, the highest value since 2000 in this series.

Compensation of employees per hour worked elsewhere in Spain

Related statistics for Balearic Islands

All statistics for Balearic Islands