🇮🇹 Italy vs Spain 🇪🇸
Compare income tax, social contributions, VAT and take-home pay between Italy and Spain.
| Metric | 🇮🇹 Italy | 🇪🇸 Spain |
|---|---|---|
| Top income tax rate | 43% | 47% |
| Social contributions | 9.2% | 6.4% |
| Standard VAT | 22% | 21% |
| Take-home pay (typical salary) | 72.5% | 72.2% |
| Public holidays | 11 | 10 |
| Average monthly salary | €2,700 | €2,342 |
| Minimum wage (monthly) | — | €1,381 |
| Standard work week | 40 h/week | 40 h/week |
In a typical comparison, Italy has a top income tax rate of 43% and keeps about 72.5% of salary as take-home pay, while Spain has 47% and keeps 72.2%. The average monthly salary is about €2,700 in Italy and €2,342 in Spain.
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