Minimum wage and average salary in Andorra 2024
Official update of Andorra’s minimum wage and average salary for 2024, with figures, legal references and implications for companies, employees and self-employed workers.
Elysium Consulting
Reading time: 3 minutes
🏁 New salary thresholds for 2024
At the beginning of each year, the Government updates two essential labour indicators: the minimum wage and the average monthly global salary. Published in the BOPA, these updates affect payslips, business labour costs and self-employed contributions.
This article summarises the official 2024 figures and their practical impact.
💶 Minimum wage 2024
Decree 577/2023, dated 20-12-2023, sets the hourly minimum wage for 2024 at €7.94/hour, following a 7% increase.
- Hourly minimum wage: €7.94
- Monthly minimum wage (40 h/week): €1,376.27
🔎 Why is the minimum wage relevant?
Because it:
- Sets the legal minimum remuneration.
- Determines proportional pay for part-time contracts.
- Guides labour inspections, sanctions and disputes.
- Is required for immigration permits depending on salary thresholds.
- Serves as a basis for certain social support schemes.
📊 Average salary applicable in 2024 (2023 value)
Decree 55/2024, dated 7-2-2024, sets the average monthly global salary for 2023 at €2,426.70, which becomes the reference base for all 2024 contribution rules.
🔎 Why is the average salary important?
Especially for self-employed workers:
- Minimum contribution base: 100% of the average salary.
- Used in economic and statistical analysis.
- Helps assess remuneration for company directors required to register with CASS.
- Informs public policy and labour-market studies.
🧭 Want to understand how these changes affect you?
These salary updates may affect business costs, CASS contributions, contractual pay and workforce planning. Whether you run a company, work independently or are considering relocating to Andorra, we can help you assess the impact on your specific situation.
We offer clarity, expertise and discretion.
If you would like to learn more about Andorra, we recommend reading the article Living and working in Andorra. For any other topic, feel free to explore our publications section.
Last updated: February 2024.
