Labour Costs in Portugal increased to 112 Index Points in the fourth quarter of 2018 from 96.70 Index Points in the third quarter of 2018. Labour Costs in Portugal averaged 90.34 Index Points from 1995 until 2018, 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 101.90 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 108.00 in 12 months time. In the long-term, the Portugal Unit Labour Costs is projected to trend around 109.00 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 6.70 6.70 17.50 3.70 percent [+]
Employed Persons 4809.40 4807.80 5007.40 4215.20 Thousand [+]
Unemployed Persons 343.90 361.80 927.70 174.60 Thousand [+]
Part Time Employment 516.10 505.00 678.90 505.00 Thousand [+]
Full Time Employment 4367.00 4397.70 4516.50 3725.70 Thousand [+]
Employment Rate 55.10 55.40 59.20 48.80 percent [+]
Labor Force Participation Rate 59.10 59.40 62.50 58.10 percent [+]
Long Term Unemployment Rate 2.90 3.10 9.40 1.40 percent [+]
Youth Unemployment Rate 16.40 17.60 41.40 11.10 percent [+]
Labour Costs 112.00 96.70 112.50 63.20 Index Points [+]
Job Vacancies 10805.00 12515.00 17645.00 1083.00 [+]
Wages 1166.86 1150.62 1166.86 809.34 EUR/Month [+]
Wages in Manufacturing 104.55 104.27 146.58 85.38 Index Points [+]
Wage Growth 2.90 8.40 8.40 -10.10 percent [+]
Minimum Wages 700.00 676.67 700.00 356.72 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 4138.00 656.00 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 100.40 108.70 111.50 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 0.50 0.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
112.00 96.70 112.50 63.20 1995 - 2018 Index Points Quarterly
NSA, 2010=100




Country Last Previous
Australia 103.60 Dec/18
Brazil 120.65 Feb/19
Canada 107.34 Dec/18
China 104.30 Mar/19
Euro Area 116.60 Dec/18
France 108.50 Dec/18
Germany 115.62 Dec/18
Italy 108.70 Dec/18
Mexico 86.40 Jan/19
Netherlands 108.30 Dec/18
Singapore 117.00 Dec/18
South Africa 154.00 Sep/18
South Korea 109.40 Sep/18
Spain 106.00 Dec/18
Turkey 162.85 Dec/18
United Kingdom 105.60 Dec/18
United States 109.78 Dec/18


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