Nominal wages in Portugal increased to 1170.63 EUR/Month in the second half of 2018 from 1166.86 EUR/Month in the first half. Wages in Portugal averaged 1091.75 EUR/Month from 2005 until 2018, reaching an all time high of 1170.63 EUR/Month in October of 2018 and a record low of 809.34 EUR/Month in April of 2005.
Wages in Portugal is expected to be 1177.08 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 1180.54 in 12 months time. In the long-term, the Portugal Average Nominal Monthly Wage is projected to trend around 1236.67 EUR/Month in 2020, according to our econometric models.