Portugal Gross Minimum Monthly Wage  1999-2017 | Data | Chart | Calendar

Minimum Wages in Portugal increased to 649.83 EUR/Month in 2017 from 618.33 EUR/Month in 2016. Minimum Wages in Portugal averaged 491.63 EUR/Month from 1999 until 2017, reaching an all time high of 649.83 EUR/Month in the second quarter of 2017 and a record low of 356.72 EUR/Month in the fourth quarter of 1999.

Portugal Gross Minimum Monthly Wage
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Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.50 10.50 17.50 3.70 percent [+]
Employed Persons 4630.30 4578.90 5007.40 4215.20 Thousand [+]
Unemployed Persons 513.70 526.10 927.70 174.60 Thousand [+]
Part Time Employment 553.50 555.50 678.90 541.70 Thousand [+]
Full Time Employment 4090.10 4106.00 4516.50 3725.70 Thousand [+]
Employment Rate 52.40 52.60 59.20 48.80 percent [+]
Labor Force Participation Rate 58.60 58.80 62.50 58.10 percent [+]
Long Term Unemployment Rate 6.10 6.20 9.40 1.40 percent [+]
Youth Unemployment Rate 25.40 25.60 40.70 11.10 percent [+]
Labour Costs 102.10 93.80 112.40 63.20 Index Points [+]
Job Vacancies 15892.00 14064.00 17645.00 1083.00 [+]
Wages 1130.37 1140.37 1142.59 809.34 EUR/Month [+]
Wage Growth 1.50 3.20 7.00 -10.30 percent [+]
Wages in Manufacturing 96.32 95.17 133.70 85.38 Index Points [+]
Minimum Wages 649.83 618.33 649.83 356.72 EUR/Month [+]
Population 10.34 10.37 10.57 8.62 Million [+]
Retirement Age Women 66.25 66.17 66.25 65.00 [+]
Retirement Age Men 66.25 66.17 66.25 65.00 [+]
Living Wage Family 764.90 718.60 764.90 694.10 EUR/Month [+]
Living Wage Individual 626.40 588.30 626.40 567.20 EUR/Month [+]
Productivity 103.70 112.30 112.30 77.90 Index points [+]
Unemployment Change -16155.00 -7101.00 35638.00 -31613.00 [+]
Wages Low Skilled 663.00 606.00 663.00 540.00 EUR/Month [+]
Wages High Skilled 1310.00 1340.00 1390.00 1120.00 EUR/Month [+]
Employment Change 0.40 1.30 1.40 -3.00 percent [+]


Portugal Gross Minimum Monthly Wage Notes

Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. For instance, for Portugal, where it is paid for 14 months a year, the minimum wage is calculated as follows: (€557 x 14) / 12 = €649.83. This page provides - Portugal Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Gross Minimum Monthly Wage - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
649.83 618.33 649.83 356.72 1999 - 2017 EUR/Month Quarterly



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