Wages and salaries in the construction of bridges and tunnels in Spain have witnessed volatile trends over the past decade. The peak occurred in 2014 at 174.2 million Euros, followed by significant fluctuations, notably a drastic decline in 2020 due to external economic impacts. As of 2023, wages and salaries stand at 130.6 million Euros, reflecting a 3% year-on-year increase. Over the past five years, there has been an average annual decline (CAGR) of -1.41%.

Looking forward from 2024 onwards, wages and salaries are expected to slightly decline with a forecasted 5-year CAGR of -0.66% resulting in a total decrease of -3.26% by 2028.

Future trends to watch for:

Impact of economic recovery initiatives on wages and employment in construction.
Technological advancements and their influence on labor costs.
Potential regulatory changes affecting the construction industry workforce.
Effects of global economic conditions on Spain's construction sector.