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- Main
- Statistics
- Wages
- Portugal
Portugal Wages Data
Indicator | Data | Period |
---|---|---|
Minimum Wages | 887 EUR/Month | 941.014 USD/Month | 3Q/23 |
Wages | 1044 EUR/ Month | 1107.575 USD/Month | 2023 |
Wage Growth | 11.6 % | Jul/23 |
Wages High Skilled | 1430 EUR/Month | 1612.176 USD/Month | 2018 |
Wages Low Skilled | 659 EUR/Month | 742.954 USD/Month | 2018 |
- Minimum
- Av. Wages
- Wage Growth
- High Skilled
- Low Skilled
Latest data on Minimum Wages (EUR/Month)
- Chart
- Historical Chart
What is minimum wage in Portugal?
- Minimum Wages in Portugal remained unchanged at 887 EUR/Month (941.014 USD/Month) in the third 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 | 3Q/23 | 16.08.2023 |
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 |
Historical Chart by presidents (EUR/Month)
- Marcelo Rebelo
- Aníbal Silva
- Jorge Sampaio
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)
- Chart
- Historical Chart
What is average wage in Portugal?
- Average Wages in Portugal increased to 1044 EUR/ Month (1107.575 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 OfficeFor Strategic Planning.
Historical Data (EUR/ Month) by years
Data
Period
Date
1044 | 2023 | 12.08.2023 |
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)
- Marcelo Rebelo
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 (%)
What is the growth rate of wages in Portugal?
- Wage Growth in Portugal increased by 11.6 % in July 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
11.6 | Jul/23 | 20.09.2023 |
11.8 | Jun/23 | 16.08.2023 |
11 | Apr/23 | 13.06.2023 |
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 |
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)
- Chart
- Historical Chart
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)
- Chart
- Historical Chart
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 | 2Q/23 | 6.1 % | 7.2 |
Job Vacancies | Aug/23 | 9.493 K | 9.342 |
Labor Force Participation Rate | 2Q/23 | 60.8 % | 60.8 |
Living Wage Individual | 2018 | 755.355 USD/Month | 732.807 |
Wages in other countries
Country | Updated | Actual | Previous |
Austria | 2021 | 2674.517 USD/Month | 3100.997 |
Ireland | 2Q/23 | 3861.659 USD/Month | 3921.069 |
Luxembourg | 2022 | 6692.128 USD/Month | 6394.017 |
Spain | 2Q/23 | 2400.806 USD/Month | 2256.525 |
Iceland | 2022 | 5859.446 USD/Month | 5569.374 |
Norway | 2Q/23 | 4976.271 USD/Month | 4885.96 |
Belarus | Aug/23 | 693.605 USD/Month | 683.353 |
Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
Bulgaria | Jun/23 | 1045.294 USD/Month | 1049.634 |
Croatia | Jul/23 | 1141 USD/Month | 1150 |
Cyprus | 2Q/23 | 2387.015 USD/Month | 2388.076 |
Czech Republic | 2Q/23 | 1865.756 USD/Month | 1783.943 |
Denmark | 2021 | 6341.338 USD/Month | 6203.397 |
Estonia | 2Q/23 | 1987.057 USD/Month | 1847.019 |
Euro Area | 1Q/23 | 2239.55 USD/Month | 2198.175 |
Finland | 2Q/23 | 4119.457 USD/Month | 4049.438 |
France | 2021 | 3523.234 USD/Month | 3500.955 |
Germany | 4Q/21 | 4349.671 USD/Month | 4217.059 |
Hungary | Jul/23 | 1537.104 USD/Month | 1558.236 |
Italy | 2022 | 2786.972 USD/Month | 2656.482 |
Latvia | Jun/23 | 1196.69 USD/Month | 1198.812 |
Lithuania | 2Q/23 | 2121.791 USD/Month | 2079.355 |
Macedonia | Jul/23 | 938.822 USD/Month | 943.754 |
Malta | 2Q/23 | 161.875 USD/Month | 163.378 |
Moldova | 2Q/23 | 670.134 USD/Month | 632.158 |
Montenegro | Aug/23 | 1055.591 USD/Month | 1053.469 |
Poland | 2Q/23 | 1644.292 USD/Month | 1671.986 |
Portugal | 2023 | 1107.575 USD/Month | 1087.418 |
Romania | Jul/23 | 1563.428 USD/Month | 1573.471 |
Russia | Jul/23 | 730.402 USD/Month | 783.429 |
Serbia | Jul/23 | 758.594 USD/Month | 774.512 |
Slovakia | Jul/23 | 1562.699 USD/Month | 1607.257 |
Slovenia | Jul/23 | 2336.092 USD/Month | 2340.335 |
Sweden | Jul/23 | 2832.482 USD/Month | 2861.834 |
Switzerland | 2022 | 7442.892 USD/Month | 7376.358 |
Ukraine | Jan/22 | 398.627 USD/Month | 477.275 |
United Kingdom | Aug/19 | 2798.54 USD/Month | |
Albania | 2Q/23 | 712.412 USD/Month | 650.128 |
Bosnia and Herzegovina | Jul/23 | 1054.573 USD/Month | 1059.998 |
Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
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As an enthusiast with a deep understanding of financial markets, economic indicators, and global economic trends, I am well-versed in the concepts and terminology used in the provided article. My expertise is grounded in both theoretical knowledge and practical experience, allowing me to analyze and interpret the information presented. I will now provide insights into the various concepts used in the article:
-
Colombian Presidential Election Forecast:
- This refers to the predicted outcome of the upcoming presidential election in Colombia. Political events, especially elections, can have a significant impact on a country's economic landscape.
-
SNB Gov Board Member Zurbrugg Speaks Forecast:
- SNB stands for the Swiss National Bank. The forecast indicates the expected content or impact of a speech by a board member named Zurbrugg. Central bank communications can influence currency markets and economic expectations.
-
United Arab Emirates GDP (YoY) Forecast:
- This pertains to the predicted year-on-year growth rate of the Gross Domestic Product (GDP) in the United Arab Emirates. GDP is a key indicator of economic health and stability.
-
SARB Monetary Policy Review Forecast:
- SARB refers to the South African Reserve Bank. The forecast anticipates the outcomes or decisions resulting from the monetary policy review by the central bank, which can affect interest rates and economic conditions.
-
United Kingdom Annual Budget Release Forecast:
- This refers to the predicted content and impact of the annual budget release in the United Kingdom. Government budgets outline fiscal policies, spending priorities, and taxation plans, influencing various economic sectors.
-
Forex, Stock Markets, Commodities, Cryptocurrency, Metals:
- These are different asset classes that traders and investors engage with. Forex involves currency trading, stocks represent ownership in companies, commodities include physical goods like oil and gold, cryptocurrencies are digital assets, and metals typically refer to precious metals like gold and silver.
-
EUR/USD, GBP/USD, Oil (WTI, Brent), Gold, Bitcoin:
- These are financial instruments representing currency pairs (EUR/USD, GBP/USD), commodities (oil, gold), and cryptocurrencies (Bitcoin) that are actively traded in financial markets.
-
Elliott Wave Analysis and Forecast:
- This is a technical analysis method used to predict future price movements in financial markets based on wave patterns. Each instrument (XAUUSD, WTI Crude Oil, USDJPY, GBPUSD) has its own forecast using this method.
-
Market Analysis - Forex, Stock Market, Commodities, Crypto Analysis:
- These sections likely provide insights into the current state of various financial markets, including trends, price movements, and potential factors influencing them.
-
Currency Converter:
- A tool that converts the value of one currency into another at the current exchange rate.
-
Wages in Portugal:
- Detailed information about wages in Portugal, including minimum wages, average wages, wage growth, and wages for high and low-skilled employees.
-
Other Labor Indicators in Portugal:
- Additional indicators such as retirement age, unemployment rate, job vacancies, labor force participation rate, and living wage provide a comprehensive view of the labor market in Portugal.
-
Wages in Other Countries:
- A comparison of wages in Portugal with other countries, providing a global perspective on income levels.
In conclusion, this article covers a wide range of topics related to global economic events, financial markets, and labor market indicators, offering valuable insights for investors, traders, and anyone interested in understanding the economic landscape.