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Portugal Wages: Minimum and Average

Portugal Wages Data

Indicator Data Period
Minimum Wages 887 EUR/Month | 950.065 USD/Month 1Q/23
Wages 1025 EUR/ Month | 1097.877 USD/Month 2023
Wage Growth  11.3 % Mar/23
Wages High Skilled 1430 EUR/Month | 1612.176 USD/Month 2018
Wages Low Skilled  659 EUR/Month | 742.954 USD/Month 2018


Latest data on Minimum Wages (EUR/Month)

Minimum Wages
                     Portugal - Historical Data (EUR/Month)

What is minimum wage in Portugal?

  • Minimum Wages in Portugal increased to 887 EUR/Month (950.065 USD/Month) in the first quarter of 2023. The maximum rate of minimum wage for employees was 776 EUR/Month and minimum was 357 EUR/Month.
  • Data published Quarterly by Eurostat.

Historical Data (EUR/Month) by years

Data
Period
Date
887 1Q/23 16.01.2023
822 3Q/22 09.01.2023
822 2Q/22 04.10.2022
822 1Q/22 19.05.2022
776 3Q/21 28.09.2021
776 1Q/21 05.02.2021
776 4Q/21 09.12.2020
741 3Q/20 22.08.2020


Historical Chart by presidents (EUR/Month)

Minimum Wages in Portugal by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Marcelo Rebelo 09.03.2016 - 618.3300 676.0000 676.6700 618.3300 9.33%
Aníbal Silva 09.03.2006 - 09.03.2016 449.9800 589.1700 589.1700 449.9800 30.93%
Jorge Sampaio 09.03.1996 - 09.03.2006 356.7200 437.1500 437.1500 356.7200 22.55%


Latest data on Wages (EUR/ Month)

Wages
                     Portugal - Historical Data (EUR/ Month)

What is average wage in Portugal?

  • Average Wages in Portugal increased to 1025 EUR/ Month (1097.877 USD/Month) in 2023. The maximum rate of average wage for employees was 1188 EUR/ Month and minimum was 809 EUR/ Month.
  • Data published Yearly by Office For Strategic Planning.

Historical Data (EUR/ Month) by years

Data
Period
Date
1025 2023 24.05.2023
1188 2019 21.01.2020
1171 2018 29.10.2019
1166.86 2018 08.04.2019
1150.62 2017 06.03.2019
1148.29 2017 12.09.2018
1144.61 2016 21.06.2018


Historical Chart by presidents (EUR/ Month)

Wages in Portugal by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Marcelo Rebelo 09.03.2016 - 1144.6100 1144.6100 1144.6100 1144.6100 0.00%


Latest data on Wage Growth  (%)

Wage Growth 
                     Portugal - Historical Data (%)

What is the growth rate of wages in Portugal?

  • Wage Growth in Portugal increased by 11.3 % in March 2023 over the same month in the previous year. The maximum growth was 8.5 % and minimum was -13 %
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
11.3 Mar/23 17.05.2023
14.2 Feb/23 24.04.2023
12.9 Jan/23 13.03.2023
10.6 Nov/22 16.01.2023
9.8 Oct/22 02.01.2023
9.6 Sep/22 29.11.2022
10.2 Jul/22 11.10.2022
4.2 Jan/22 14.03.2022


Historical Chart by YoY presidents (%)

Wage Growth  in Portugal by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages High Skilled (EUR/Month)

Wages High Skilled
                     Portugal - Historical Data (EUR/Month)

How much is average wage for high skilled employees in Portugal?

  • Average wages for high skilled employees in Portugal increased to 1430 EUR/Month (1612.176 USD/Month). The maximum level was 1430 EUR/Month and minimum was 1340 EUR/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (EUR/Month) by years

Data
Period
Date
1430 2018 04.07.2019


Historical Chart by presidents (EUR/Month)

Wages High Skilled in Portugal by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages Low Skilled  (EUR/Month)

Wages Low Skilled 
                     Portugal - Historical Data (EUR/Month)

How much is average wage for low skilled employees in Portugal?

  • Average wages for low skilled employees in Portugal increased to 659 EUR/Month (742.954 USD/Month). The maximum level was 687 EUR/Month and minimum was 626 EUR/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (EUR/Month) by years

Data
Period
Date
659 2018 04.07.2019


Historical Chart by presidents (EUR/Month)

Wages Low Skilled  in Portugal by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Portugal

Index Updated Actual Previous
Retirement Age Men 2022 66.58 66.5
Unemployment Rate 1Q/23 7.2 % 6.5
Job Vacancies Apr/23 8.782 K 14.743
Labor Force Participation Rate 1Q/23 60.8 % 60.3
Living Wage Individual 2018 755.355 USD/Month 732.807

Wages in other countries

Country Updated Actual Previous
Austria 2021 2699.808 USD/Month 3130.321
Ireland 4Q/22 3855.628 USD/Month 3718.539
Luxembourg 2021 6287.752 USD/Month 5854.003
Spain 4Q/22 2428.916 USD/Month 2176.171
Iceland 2022 5796.847 USD/Month 5509.874
Norway 1Q/23 4896.816 USD/Month 4713.952
Belarus Apr/23 634.921 USD/Month 641.284
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/23 1069.627 USD/Month 1002.262
Croatia Mar/23 1130 USD/Month 1106
Cyprus 4Q/22 2727.195 USD/Month 2219.461
Czech Republic 4Q/22 1961.534 USD/Month 1801.943
Denmark 2021 6405.662 USD/Month 6266.321
Estonia 4Q/22 1901.243 USD/Month 1798.415
Euro Area 4Q/22 2213.034 USD/Month 2180.899
Finland 4Q/22 4077.807 USD/Month 4063.882
France 2021 3557.274 USD/Month 3534.78
Germany 4Q/21 4391.696 USD/Month 4257.803
Hungary Mar/23 1665.332 USD/Month 1530.553
Italy 2021 2651 USD/Month 2506.4
Latvia Dec/22 1206.058 USD/Month 1107.517
Lithuania 1Q/23 2099.288 USD/Month 2035.024
Macedonia Mar/23 928.764 USD/Month 896.241
Malta 4Q/22 159.319 USD/Month 157.356
Moldova 4Q/22 650.238 USD/Month 600.029
Montenegro Mar/23 1038.866 USD/Month 1026.015
Poland 1Q/23 1687.228 USD/Month 1594.625
Portugal 2023 1097.877 USD/Month 1091.45
Romania Mar/23 1574.001 USD/Month 1477.92
Russia Feb/23 811.331 USD/Month 788.472
Serbia Mar/23 790.828 USD/Month 752.659
Slovakia Mar/23 1567.035 USD/Month 1434.218
Slovenia Mar/23 2347.674 USD/Month 2284.484
Sweden Feb/23 2795.654 USD/Month 2795.654
Switzerland 2022 7422.234 USD/Month 7355.885
Ukraine Jan/22 398.627 USD/Month 477.275
United Kingdom Aug/19 2798.54 USD/Month
Albania 4Q/22 650.855 USD/Month 607.464
Bosnia and Herzegovina Mar/23 1086.191 USD/Month 1042.005
Kosovo Dec/18 558.79 USD/Month 559.9