Minimum wages in Portugal stood at 822.5 EUR/Month in 2022. Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. For instance, for Portugal, where it is paid for 14 months a year, the minimum wage is calculated as follows: (EUR 705 x 14) / 12 = EUR 822.5 source: EUROSTAT

Minimum Wages in Portugal averaged 541.47 EUR/Month from 1999 until 2022, reaching an all time high of 822.50 EUR/Month in the first quarter of 2022 and a record low of 356.72 EUR/Month in the third quarter of 1999. This page provides - Portugal Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Gross Minimum Monthly Wage - values, historical data and charts - was last updated on June of 2022.

Minimum Wages in Portugal is expected to be 785.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Gross Minimum Monthly Wage is projected to trend around 800.00 EUR/Month in 2023, according to our econometric models.

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Portugal Gross Minimum Monthly Wage



Related Last Previous Unit Reference
Long Term Unemployment Rate 2.80 3.10 percent Mar 2022
Youth Unemployment Rate 19.90 21.60 percent Apr 2022
Labour Costs 104.19 122.19 points Mar 2022
Minimum Wages 822.50 775.83 EUR/Month Mar 2022
Population 10.30 10.28 Million Dec 2020
Productivity 103.17 107.10 points Mar 2022
Employment Change 0.00 0.70 percent Dec 2021

Portugal Gross Minimum Monthly Wage
Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. For instance, for Portugal, where it is paid for 14 months a year, the minimum wage is calculated as follows: (EUR 665 x 14) / 12 = EUR 775.83.
Actual Previous Highest Lowest Dates Unit Frequency
822.50 775.83 822.50 356.72 1999 - 2022 EUR/Month Quarterly