Nominal wages in Portugal increased to 1148.29 EUR/Month in the first half of 2017 from 1144.61 EUR/Month in the second half of 2016. Wages in Portugal averaged 1083.24 EUR/Month from 2005 until 2017, reaching an all time high of 1148.29 EUR/Month in April of 2017 and a record low of 809.34 EUR/Month in April of 2005.
Wages in Portugal is expected to be 1240.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Portugal to stand at 1290.00 in 12 months time. In the long-term, the Portugal Average Nominal Monthly Wage is projected to trend around 1410.00 EUR/Month in 2020, according to our econometric models.