Nominal wages in Portugal increased to 1188.06 EUR/Month in the first half of 2019 from 1170.63 EUR/Month in the second half of 2018.

Wages in Portugal averaged 1095.08 EUR/Month from 2005 until 2019, reaching an all time high of 1188.06 EUR/Month in April of 2019 and a record low of 809.34 EUR/Month in April of 2005. This page provides - Portugal Industry Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Average Nominal Monthly Wage - values, historical data and charts - was last updated on July of 2020.

Wages in Portugal is expected to be 1218.00 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 1214.00 in 12 months time. In the long-term, the Portugal Average Nominal Monthly Wage is projected to trend around 1241.00 EUR/Month in 2021 and 1273.00 EUR/Month in 2022, according to our econometric models.

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Portugal Average Nominal Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
1188.06 1170.63 1188.06 809.34 2005 - 2019 EUR/Month Biannually

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 6.70 17.50 3.70 percent [+]
Employed Persons 4662.60 4750.90 5007.40 4215.20 Thousand [+]
Unemployed Persons 257.90 318.60 927.70 174.60 Thousand [+]
Part Time Employment 485.10 500.10 678.90 485.10 Thousand [+]
Full Time Employment 4380.80 4407.60 4516.50 3725.70 Thousand [+]
Employment Rate 54.70 55.30 59.20 48.80 percent [+]
Labor Force Participation Rate 58.60 59.30 62.50 58.10 percent [+]
Long Term Unemployment Rate 2.50 2.80 9.40 1.40 percent [+]
Youth Unemployment Rate 19.50 20.60 41.40 11.10 percent [+]
Labour Costs 98.30 111.20 112.40 62.10 points [+]
Job Vacancies 6971.00 3142.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 105.90 103.97 149.34 85.00 points [+]
Wage Growth 1.70 5.90 8.50 -10.10 percent [+]
Minimum Wages 740.83 700.00 740.83 356.72 EUR/Month [+]
Population 10.28 10.29 10.57 8.62 Million [+]
Retirement Age Women 66.42 66.42 66.42 65.00 [+]
Retirement Age Men 66.42 66.42 66.42 65.00 [+]
Unemployment Change 16611.00 48562.00 48562.00 -31613.00 [+]
Productivity 104.10 103.80 104.10 77.80 points [+]
Employment Change -0.50 0.00 1.30 -3.00 percent [+]