🇵🇹 Portugal vs Spain 🇪🇸
Compare income tax, social contributions, VAT and take-home pay between Portugal and Spain.
| Metric | 🇵🇹 Portugal | 🇪🇸 Spain |
|---|---|---|
| Top income tax rate | 48% | 47% |
| Social contributions | 11% | 6.4% |
| Standard VAT | 23% | 21% |
| Take-home pay (typical salary) | 70% | 72.2% |
| Public holidays | 13 | 10 |
| Average monthly salary | €1,741 | €2,342 |
| Minimum wage (monthly) | €1,015 | €1,381 |
| Standard work week | 40 h/week | 40 h/week |
In a typical comparison, Portugal has a top income tax rate of 48% and keeps about 70% of salary as take-home pay, while Spain has 47% and keeps 72.2%. The average monthly salary is about €1,741 in Portugal and €2,342 in Spain.
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