Wages in Portugal increased 4.20 percent in January of 2022 over the same month in the previous year. source: Statistics Portugal

Wage Growth in Portugal averaged 0.05 percent from 2006 until 2022, reaching an all time high of 10.10 percent in May of 2021 and a record low of -13 percent in May of 2020. This page provides - Portugal Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Wage Growth in Services - values, historical data and charts - was last updated on August of 2022.

Wage Growth in Portugal is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Wage Growth in Services is projected to trend around 2.20 percent in 2023, according to our econometric models.

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Portugal Wage Growth in Services



Related Last Previous Unit Reference
Unemployment Rate 5.90 6.30 percent Mar 2022
Unemployed Persons 299.90 302.80 Thousand Jun 2022
Employed Persons 4866.10 4844.30 Thousand Jun 2022
Full Time Employment 4512.20 4479.80 Thousand Mar 2022
Part Time Employment 388.70 399.20 Thousand Mar 2022
Employment Rate 56.40 56.00 percent Mar 2022
Labor Force Participation Rate 59.90 59.80 percent Mar 2022
Wages in Manufacturing 121.55 120.99 points May 2022
Wage Growth 4.20 3.90 percent Jan 2022

Portugal Wage Growth in Services
In Portugal, wage growth in the service sector refers to the annual change of the index of gross wages and salaries in services. The service sector contributes to 77 percent of gross value added and employs about 68 percent of the population.
Actual Previous Highest Lowest Dates Unit Frequency
4.20 3.90 10.10 -13.00 2006 - 2022 percent Monthly
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