Why Spain’s economic growth is not stopping young people leaving

by Lorraine Williamson
young Spaniards leaving Spain

Spain’s economy has been praised internationally for its strong performance, but many young Spaniards still feel the recovery is not reaching their daily lives.

New figures reported by Infobae show that the number of people born in Spain who moved abroad rose again in 2024, with more than 31,000 leaving the country. The trend points to a familiar contradiction: Spain may be growing on paper, but for many young workers, graduates and families, the future still looks more secure elsewhere. 

The economy is growing, but not everyone feels it

Spain has enjoyed stronger economic growth than many of its European neighbours, helped by tourism, services, foreign investment and a resilient labour market. Yet that headline success does not automatically translate into stable lives for young people.

Many graduates still struggle to find work that matches their qualifications. Others find jobs, but not salaries that allow them to rent, save or plan a future independently. Infobae notes that recently graduated university students in Spain recorded an employment rate of 82% in 2024, below the EU average of 84.9%, according to Eurostat data cited in its report. 

This gap may look small in percentage terms, but for young people competing for stable careers, it can make a decisive difference.

Low wages remain a major problem

The deeper problem is not only whether young people can find work. It is whether that work gives them enough stability to build a life.

Spain’s labour market has improved, but wages remain a weak point, especially for younger workers and those in temporary, seasonal or lower-paid service jobs.

In many sectors, salaries do not match the cost of rent, bills, transport and basic living expenses. For graduates, this creates frustration: years of study do not always lead to a clear professional route.

Northern Europe remains attractive because salaries are often higher, job progression can feel clearer, and working conditions may be more predictable. France, Germany and the United Kingdom remain among the main destinations for Spaniards looking for better prospects abroad, according to Infobae. 

Housing is the breaking point

For many young Spaniards, housing is where the economic contradiction becomes impossible to ignore.

The Consejo de la Juventud de España has warned that youth emancipation has fallen to historic lows. The 2026 Observatory report said the average rent in Spain had reached €1,176 a month, equal to 98.7% of the average salary of a young person. 

RTVE reported on the same figures, noting that the average young worker earns around €1,191 a month, making solo renting almost impossible in many parts of the country. 

That means even young people with jobs can remain unable to leave home, save for a deposit or plan a family. The problem is especially acute in big cities, coastal areas and tourist regions, where rental pressure has risen sharply.

Leaving home later — or leaving Spain altogether

Spain has long had a culture of young adults staying in the family home longer than in some northern European countries. But the current situation goes beyond cultural habit.

For many, staying at home is no longer a choice. It is the only affordable option.

The Consejo de la Juventud reported that just 14.5% of young people in Spain were emancipated, with the average age of leaving the parental home around 30.  This creates a difficult emotional and economic reality. Young people may be educated, employed and ambitious, but still unable to move forward. For some, the answer is to look abroad.

The northern European pull

The countries attracting Spanish workers are not always chosen for the lifestyle. Often, they are chosen for structure.

Germany, France, the Netherlands, Ireland and the UK may offer higher salaries, stronger career ladders, better training routes or clearer contracts in certain sectors.

For young professionals in engineering, healthcare, research, technology, hospitality, education or finance, moving abroad can mean faster progression and greater independence.

It is not necessarily a rejection of Spain. Many would prefer to stay close to family, friends, language and culture. But when work and housing do not add up, sentiment is not enough.

Spain also attracts foreign professionals

The contrast is striking. While young Spaniards head north for wages and stability, Spain continues to attract foreign residents and remote workers who come for quality of life, climate and lifestyle.

Cities such as Barcelona, Valencia, Málaga and Madrid are attractive to foreign professionals who can bring northern European salaries or remote jobs with them. For those arrivals, Spain can feel affordable, sunny and full of opportunity. For many Spaniards earning Spanish salaries, the same cities can feel increasingly difficult to live in.

This contrast is one of the defining tensions of modern Spain: the country is appealing enough to attract international workers, but not always secure enough to retain its own.

Why the talent drain matters

When young people leave, Spain does not only lose individuals. It risks losing skills, taxes, innovation and long-term social confidence. A graduate who trains in Spain but builds a career abroad may contribute elsewhere for years. Some return with experience and savings, but others settle permanently.

The issue also affects smaller towns and inland areas, where younger residents leaving for bigger cities or foreign countries can accelerate depopulation. For families, it can mean children and grandchildren growing up far away. For the economy, it can mean a mismatch between growth figures and lived reality.

Spain has highest percentage of overqualified workers within EU

A warning behind the growth figures

Spain’s strong economic performance is real. But the frustration felt by many young people is real too. The problem is not that the economy is failing in every measure. It is that growth is not solving the issues that shape daily life: wages, housing, stability and independence.

If Spain wants to keep its own talent, it will need more than good GDP figures. It will need jobs that match qualifications, salaries that support independent living, and housing that does not swallow almost an entire wage.

Until then, the so-called economic miracle will feel incomplete for many of the people expected to build Spain’s future.

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