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.

Portugal Average Nominal Monthly Wage
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Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.30 6.80 17.50 3.70 percent [+]
Employed Persons 4877.80 4858.10 5007.40 4215.20 Thousand [+]
Unemployed Persons 319.30 324.80 927.70 174.60 Thousand [+]
Part Time Employment 518.70 523.60 678.90 505.00 Thousand [+]
Full Time Employment 4398.00 4356.60 4516.50 3725.70 Thousand [+]
Employment Rate 55.50 55.10 59.20 48.80 percent [+]
Labor Force Participation Rate 59.20 59.10 62.50 58.10 percent [+]
Long Term Unemployment Rate 2.70 2.70 9.40 1.40 percent [+]
Youth Unemployment Rate 19.30 18.60 41.40 11.10 percent [+]
Labour Costs 103.90 96.70 112.50 63.20 Index Points [+]
Job Vacancies 11332.00 10784.00 17645.00 1083.00 [+]
Wages 1170.63 1166.86 1170.63 809.34 EUR/Month [+]
Wages in Manufacturing 135.71 123.18 146.86 85.00 Index Points [+]
Wage Growth 3.40 3.60 8.50 -10.10 percent [+]
Minimum Wages 700.00 700.00 700.00 356.72 EUR/Month [+]
Population 10.29 10.31 10.57 8.62 Million [+]
Retirement Age Women 66.42 66.33 66.42 65.00 [+]
Retirement Age Men 66.42 66.33 66.42 65.00 [+]
Unemployment Change -901.00 -6980.00 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 102.80 99.60 111.50 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 -0.60 0.40 1.30 -3.00 percent [+]


Portugal Average Nominal Monthly Wage

This page provides - Portugal Industry Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Average Nominal Monthly Wage - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1170.63 1166.86 1170.63 809.34 2005 - 2018 EUR/Month Biannually




Country Last Previous
Argentina 42208.00 May/19
Australia 1237.90 Jun/19
Brazil 2286.00 Jul/19
Canada 25.74 Jun/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 427395.00 Jul/19
Mexico 380.72 Jul/19
Russia 45100.00 Aug/19
Singapore 5225.00 Jun/19
South Africa 20855.00 Mar/19
South Korea 3585588.00 Jun/19
Spain 1992.18 Jun/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.59 Aug/19


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