Castellón's average income per person reached €14,693 in 2024, the highest figure of the last decade, although it remains below the national average according to the CEV.
The average income per person in the province of Castellón stood at €14,693 in 2024, a 4% increase from 2023 and the highest figure in the last decade, according to castellonaldia.elmundo.es. Both trade unions and employers agree that this figure does not translate into a complete economic improvement compared to the rest of Spain.
The average income per household closed 2024 at €36,173 and GDP per capita reached €29,474, both record highs. Nevertheless, only 16 Spanish provinces have a lower income per person than Castellón, and in terms of household income and GDP per capita, the province ranks in the second half of the national ranking. The 2024 data does not yet reflect the impact of the war in Iran, which began at the end of February.
The president of the Confederation of Businessmen of the Valencian Community (CEV) in Castellón, Luis Martí, highlights that the income per person was €10,136 in 2015 and that the increase exceeds the accumulated price rise during that period.
“That is to say, there has been a clear improvement, and moreover, it is greater than the accumulated price increase during this period, so we can also talk about a real improvement in purchasing power”
Martí warns, however, that the income per person is 8% lower than the Spanish average and GDP per inhabitant is nearly 10% below. Furthermore, GDP per capita grew in 2024 by only 1.5% compared to the previous year, a more moderate pace than that of income.
“The challenge is not only for nominal figures to increase each year, but to ensure that Castellón generates more wealth per inhabitant”
For the CEV, the key lies in productivity. Martí calls on the next government for competitive energy for industry, pending infrastructure, less bureaucracy, and a stable fiscal framework.
On the other hand, the secretary of CCOO in the Valencian Community, Ana García, argues that the wealth generated in Castellón is not distributed fairly and urges employers to raise wages.
“Wealth is being created in Castellón and it is not being distributed fairly”
The income and GDP data for 2024 are the latest available records, so the evolution for 2025 and 2026 is still unknown.
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