Labour Costs in Portugal decreased to 96.70 Index Points in the third quarter of 2018 from 103.20 Index Points in the second quarter of 2018. Labour Costs in Portugal averaged 90.11 Index Points from 1995 until 2018, reaching an all time high of 112.50 Index Points in the fourth quarter of 2009 and a record low of 63.20 Index Points in the first quarter of 1995.

Labour Costs in Portugal is expected to be 107.40 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Portugal to stand at 98.50 in 12 months time. In the long-term, the Portugal Unit Labour Costs is projected to trend around 108.50 Index Points in 2020, according to our econometric models.

Portugal Unit Labour Costs
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Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 6.70 17.50 3.70 percent [+]
Employed Persons 4811.20 4821.90 5007.40 4215.20 Thousand [+]
Unemployed Persons 351.70 340.10 927.70 174.60 Thousand [+]
Part Time Employment 505.00 507.30 678.90 505.00 Thousand [+]
Full Time Employment 4397.70 4366.80 4516.50 3725.70 Thousand [+]
Employment Rate 55.40 55.10 59.20 48.80 percent [+]
Labor Force Participation Rate 59.40 59.00 62.50 58.10 percent [+]
Long Term Unemployment Rate 3.10 3.70 9.40 1.40 percent [+]
Youth Unemployment Rate 21.40 19.60 41.30 11.10 percent [+]
Labour Costs 96.70 103.20 112.50 63.20 Index Points [+]
Job Vacancies 12833.00 12064.00 17645.00 1083.00 [+]
Wages 1148.29 1144.61 1148.29 809.34 EUR/Month [+]
Wage Growth 3.50 3.30 7.80 -10.10 percent [+]
Wages in Manufacturing 103.36 119.98 140.15 85.38 Index Points [+]
Minimum Wages 676.67 676.67 676.67 356.72 EUR/Month [+]
Population 10.29 10.31 10.57 8.62 Million [+]
Retirement Age Women 66.33 66.25 66.33 65.00 [+]
Retirement Age Men 66.33 66.25 66.33 65.00 [+]
Unemployment Change 788.00 7560.00 35638.00 -31613.00 [+]
Wages Low Skilled 659.00 626.00 687.00 626.00 EUR/Month [+]
Wages High Skilled 1430.00 1340.00 1430.00 1340.00 EUR/Month [+]
Productivity 108.70 101.80 111.50 78.00 Index points [+]
Living Wage Family 990.00 960.00 990.00 800.00 EUR/Month [+]
Living Wage Individual 670.00 650.00 670.00 505.00 EUR/Month [+]
Employment Change -0.30 1.00 1.20 -3.00 percent [+]


Portugal Unit Labour Costs

This page provides - Portugal Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Unit Labour Costs - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
96.70 103.20 112.50 63.20 1995 - 2018 Index Points Quarterly
NSA, 2010=100




Country Last Previous
Australia 102.20 Sep/18
Brazil 119.16 Oct/18
Canada 105.63 Sep/18
China 104.80 Sep/18
Euro Area 113.70 Jun/18
France 108.20 Sep/18
Germany 115.29 Sep/18
Italy 107.00 Jun/18
Mexico 82.30 Sep/18
Netherlands 115.30 Jun/18
Singapore 108.30 Sep/18
South Africa 150.80 Mar/18
South Korea 96.50 Jun/18
Spain 102.40 Jun/18
Turkey 166.66 Sep/18
United Kingdom 103.90 Jun/18
United States 109.05 Sep/18


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