The average income in the Basque Country increased by 7.2% in 2024, to 28,170 euros

The average incomeof the elderly living in the Basque Country was €28,170 in2024, an increase of 7.2% (€1,899) over the previous year, according to the Basque Institute of Statistics, Eustat.

By territory, Gipuzkoa had thehighest average income   (29,559 euros), followed by Bizkaia (27,733 euros) and Álava (26,698 euros).

Compared to 2023, Gipuzkoa increased its income by 7.3 per cent two years ago, slightly more than in Álava and Bizkaia, where it increased by 7.1 per cent and 7.2 per cent, respectively.

In the capitals, however, the distance from one country to another widens. In fact, the average income ofthe donostiarras   is 33. In 2024 it was EUR 867, EUR 5,697 higher than the Basque average; in Bilbao it was EUR 28,521; and in Vitoria it was EUR 27,143.

More than half of personal income (57.8 per cent in particular) was earned at work (16,280 euros on average), while 28.9 per cent were income from transfers or social benefits (8,151 euros in total) and 9.1 per cent from capital income, furniture and real estate (2,556 euros).

On the other hand, according to Eustat, 1.6 million people over the age of 18 received some kind of income, or88.6%of the Basque population . Of these, 8.7 per cent have an income twice the average, i.e. more than €56,340.