Labour Costs in Portugal increased to 126.98 points in the fourth quarter of 2022 from 108.94 points in the third quarter of 2022. source: EUROSTAT

Labour Costs in Portugal averaged 93.07 points from 1995 until 2022, reaching an all time high of 126.98 points in the fourth quarter of 2022 and a record low of 62.06 points in the first quarter of 1995. This page provides - Portugal Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Unit Labour Costs - values, historical data and charts - was last updated on March of 2023.

Labour Costs in Portugal is expected to be 113.03 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Unit Labour Costs is projected to trend around 134.32 points in 2024 and 136.87 points in 2025, according to our econometric models.

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Portugal Unit Labour Costs

Related Last Previous Unit Reference
Long Term Unemployment Rate 2.50 2.90 percent Sep 2022
Youth Unemployment Rate 20.50 19.20 percent Jan 2023
Labour Costs 126.98 108.94 points Dec 2022
Minimum Wages 886.67 822.50 EUR/Month Mar 2023
Population 10.35 10.30 Million Dec 2022
Employment Change -0.80 -0.20 percent Dec 2022
Productivity 108.75 109.08 points Dec 2022