Portugal Wage Growth in Service Sector  2006-2018 | Data | Chart

Portugal's wages in the service sector increased 7.1 percent year-on-year in May 2018. Wage Growth in Portugal averaged -0.42 percent from 2006 until 2018, reaching an all time high of 7.80 percent in December of 2017 and a record low of -10.10 percent in November of 2012.

Portugal Wage Growth in Service Sector
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Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 7.90 17.50 3.70 percent [+]
Employed Persons 4844.70 4799.00 5007.40 4215.20 Thousand [+]
Unemployed Persons 330.20 364.00 927.70 174.60 Thousand [+]
Part Time Employment 507.30 516.90 678.90 507.30 Thousand [+]
Full Time Employment 4366.80 4289.80 4516.50 3725.70 Thousand [+]
Employment Rate 55.10 54.30 59.20 48.80 percent [+]
Labor Force Participation Rate 59.00 58.90 62.50 58.10 percent [+]
Long Term Unemployment Rate 3.70 3.80 9.40 1.40 percent [+]
Youth Unemployment Rate 19.60 20.80 41.30 11.10 percent [+]
Labour Costs 95.50 106.90 112.50 63.20 Index Points [+]
Job Vacancies 12393.00 12857.00 17645.00 1083.00 [+]
Wages 1144.61 1138.73 1144.61 809.34 EUR/Month [+]
Wage Growth 7.10 5.50 7.80 -10.10 percent [+]
Wages in Manufacturing 118.54 107.50 140.15 85.38 Index Points [+]
Minimum Wages 676.67 649.83 676.67 356.72 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 -17779.00 -25840.00 35638.00 -31613.00 [+]
Wages Low Skilled 615.00 644.00 675.00 615.00 EUR/Month [+]
Wages High Skilled 1360.00 1320.00 1400.00 1320.00 EUR/Month [+]
Productivity 98.80 102.80 111.50 78.00 Index points [+]
Living Wage Family 870.00 835.00 910.00 835.00 EUR/Month [+]
Living Wage Individual 595.00 555.00 595.00 555.00 EUR/Month [+]
Employment Change 1.00 0.70 1.20 -3.00 percent [+]


Portugal Wage Growth in Service Sector

In Portugal, wage growth in the service sector refers to the annual change of the index of gross wages and salaries in services. The service sector contributes to 77 percent of gross value added and employs about 68 percent of the population. This page provides - Portugal Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Wage Growth in Service Sector - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.10 5.50 7.80 -10.10 2006 - 2018 percent Monthly
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wage growth by Country
Country Last
Australia 2.10 Mar/18
Euro Area 1.80 Mar/18
France 0.70 Mar/18
Germany 1.10 Mar/18
Italy 2.00 Jun/18
Japan 3.60 Jun/18
Netherlands 2.19 Jul/18
Russia 7.20 Jun/18
Switzerland 0.80 Mar/18
United Kingdom 2.40 Jun/18
United States 4.89 May/18


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