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.

Wages in Portugal is expected to be 1201.00 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 1196.00 in 12 months time. In the long-term, the Portugal Average Nominal Monthly Wage is projected to trend around 1254.00 EUR/Month in 2020, 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 6.10 6.30 17.50 3.70 percent [+]
Employed Persons 4840.60 4869.40 5007.40 4215.20 Thousand [+]
Unemployed Persons 351.60 343.60 927.70 174.60 Thousand [+]
Part Time Employment 490.30 518.70 678.90 490.30 Thousand [+]
Full Time Employment 4457.50 4398.00 4516.50 3725.70 Thousand [+]
Employment Rate 55.80 55.50 59.20 48.80 percent [+]
Labor Force Participation Rate 59.50 59.20 62.50 58.10 percent [+]
Long Term Unemployment Rate 2.80 2.90 9.40 1.40 percent [+]
Youth Unemployment Rate 19.00 18.30 41.40 11.10 percent [+]
Labour Costs 97.80 103.90 112.50 63.20 points [+]
Job Vacancies 9020.00 11013.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 139.97 107.45 146.86 85.00 points [+]
Wage Growth 3.30 6.10 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 5942.00 -1263.00 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 111.70 102.80 111.70 78.00 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 0.30 -0.30 1.30 -3.00 percent [+]