Living Wage Individual in Portugal increased to 670 EUR/Month in 2018 from 650 EUR/Month in 2017. source: WageIndicator Foundation

Living Wage Individual in Portugal averaged 592.50 EUR/Month from 2015 until 2018, reaching an all time high of 670 EUR/Month in 2018 and a record low of 505 EUR/Month in 2015. Portugal Living Wage Individual - values, historical data and charts - was last updated on November of 2020.

Living Wage Individual in Portugal is expected to reach 654.59 EUR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Living Wage Individual is projected to trend around 664.41 EUR/Month in 2021 and 677.70 EUR/Month in 2022, according to our econometric models.

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Portugal Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
670.00 650.00 670.00 505.00 2015 - 2018 EUR/Month yearly

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.80 5.60 17.50 3.70 percent [+]
Employed Persons 4761.80 4737.40 5007.40 4215.20 Thousand [+]
Unemployed Persons 396.50 406.80 927.70 174.60 Thousand [+]
Part Time Employment 485.20 456.10 678.90 456.10 Thousand [+]
Full Time Employment 4314.60 4275.10 4516.50 3725.70 Thousand [+]
Employment Rate 53.90 53.20 59.20 48.80 percent [+]
Labor Force Participation Rate 58.40 56.30 62.50 56.30 percent [+]
Long Term Unemployment Rate 1.70 2.50 9.40 1.40 percent [+]
Youth Unemployment Rate 24.00 26.30 41.40 11.10 percent [+]
Labour Costs 118.10 99.20 118.10 62.10 points [+]
Job Vacancies 11456.00 11806.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 107.50 122.76 149.34 85.00 points [+]
Wage Growth -7.50 -9.00 8.50 -12.80 percent [+]
Minimum Wages 740.83 740.83 740.83 356.72 EUR/Month [+]
Population 10.28 10.29 10.57 8.62 Million [+]
Retirement Age Women 66.42 66.42 66.42 65.00 [+]
Retirement Age Men 66.42 66.42 66.42 65.00 [+]
Unemployment Change -6620.00 843.00 48562.00 -31613.00 [+]
Productivity 113.00 104.20 113.00 77.80 points [+]
Employment Change -3.40 -0.50 1.30 -3.40 percent [+]


Portugal Living Wage Individual
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.