Page 52 - Economic report 2020

Table 6.1
AVERAGE WAGES BY SECTORS (euros)

% variation Average index
2022 2022/2021 in Andorra = 100
Agriculture, livestock, hunting and forestry 1,682.26 4.8 72.9
Manufacturing industries (including extraction) 2,352.95 4.9 101.9
Production and distribution of electricity, gas and water 3,513.10 2.7 152.2
Construction 2,388.24 7.5 103.5
Commerce and motor vehicle repairs (etc.) 2,011.09 7.2 87.1
Hotels and catering 1,731.36 11.6 75.0
Transport, storage and communications 2,526.70 6.7 109.5
Financial system 5,059.92 6.3 219.2
Real estate & rental activities; business services 2,250.77 6.2 97.5
Public administration, defence & compulsory social security 2,784.86 4.5 120.7
Education 2,373.09 3.3 102.8
Health & veterinary activities, social services 2,458.05 3.7 106.5
Other social activities & community services, personal services 1,946.28 10.3 84.3
Households employing domestic staff 1,547.27 7.4 67.0
Extraterritorial bodies 2,820.36 1.6 122.2
Domestic work for the community 1,486.78 6.7 64.4
Average 2,308.07 4.9 100

Source: CASS (Andorran Social Security System) / Department of Statistics.

as said, is around €2,300, in keeping with the The minimum interprofessional wage
50
recommendations of the European Committee rose for the seventh consecutive year,
of Social Rights. (This goal was achieved for to €1,201 per month.
the first time in 2020). Moreover, the rise in
2022 enabled it to outstrip the minimum wage
in Spain where, after the last increase in 2022, it reached €1,000 per month, with 14 monthly
payments, for a 40-day week (the equivalent of €1,167 per month in 12 monthly payments). This
played in Andorra’s favour when competing to attract workers from the neighbouring country to
work in the Principality.

By sectors, the trend in wages in 2022 was upwards overall, but at different rates depending on
the activity. On the one hand, note the increases in hotels and catering (+11.6%) and Other social
Andorran economy: general developments | VI. Prices and costs
activities and community services (+10.3%)
Hotels and catering lead wage – in the context of the pandemic, these two
increases and pass branches saw reductions but, with the 2022
pre-pandemic nominal levels. increase, exceed the nominal wages of 2019.
At the other extreme, the most moderate
wage rises were seen in extraterritorial bodies
(+1.6%) and production and distribution of electricity, gas and water (+2.7%), two sectors where
wages were relatively less affected by the health crisis. Also note that in the case of other activities
linked to the public sector (public administration, education, health activities), the increases were
below average.

Consequently, the differences between sectors remained practically stable in 2022. So, the
highest wage is 3.4 times higher than the lowest wage (as in the previous three years). More
specifically, the highest pay can historically be found in the financial sector, where it is 2.2 times
higher than the average. This level contrasts with that of domestic work for the community,
the sector with the lowest pay and wages 36% below the average. The second sector in the