Labour Costs in Portugal decreased to 96.70 Index Points in the first quarter of 2019 from 112 Index Points in the fourth quarter of 2018. Labour Costs in Portugal averaged 90.41 Index Points from 1995 until 2019, reaching an all time high of 112.50 Index Points in the fourth quarter of 2009 and a record low of 63.20 Index Points in the first quarter of 1995.

Labour Costs in Portugal is expected to be 105.78 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Portugal to stand at 114.91 in 12 months time. In the long-term, the Portugal Unit Labour Costs is projected to trend around 120.38 Index Points in 2020, according to our econometric models.

Portugal Unit Labour Costs
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Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.30 6.80 17.50 3.70 percent [+]
Employed Persons 4858.10 4850.80 5007.40 4215.20 Thousand [+]
Unemployed Persons 324.80 328.20 927.70 174.60 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 18.90 19.40 41.40 11.10 percent [+]
Labour Costs 96.70 112.00 112.50 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 123.18 110.96 146.86 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 99.60 100.40 111.50 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 0.40 0.50 1.30 -3.00 percent [+]


Portugal Unit Labour Costs

This page provides - Portugal Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Unit Labour Costs - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
96.70 112.00 112.50 63.20 1995 - 2019 Index Points Quarterly
NSA, 2010=100




Country Last Previous
Australia 103.80 Mar/19
Brazil 101.89 Jun/19
Canada 108.49 Mar/19
China 104.30 Jun/19
Euro Area 99.60 Mar/19
France 107.50 Mar/19
Germany 116.69 Mar/19
Italy 111.20 Mar/19
Mexico 94.90 Jun/19
Netherlands 105.20 Mar/19
Singapore 99.50 Jun/19
South Africa 156.20 Dec/18
South Korea 129.90 Mar/19
Spain 100.40 Mar/19
Turkey 188.85 Mar/19
United Kingdom 105.50 Mar/19
United States 111.89 Jun/19


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