Minimum Wages in Portugal increased to 740.83 EUR/Month in the first quarter of 2020 from 700 EUR/Month in the fourth quarter of 2019.
Minimum Wages in Portugal averaged 519.40 EUR/Month from 1999 until 2020, reaching an all time high of 740.83 EUR/Month in the first quarter of 2020 and a record low of 356.72 EUR/Month in the fourth quarter of 1999. This page provides - Portugal Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Gross Minimum Monthly Wage - values, historical data and charts - was last updated on May of 2020.
Minimum Wages in Portugal is expected to be 741.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Portugal to stand at 741.00 in 12 months time. In the long-term, the Portugal Gross Minimum Monthly Wage is projected to trend around 780.00 EUR/Month in 2021, according to our econometric models.