Labour Costs in Portugal increased to 115.70 points in the second quarter of 2021 from 108.90 points in the first quarter of 2021. source: EUROSTAT

Labour Costs in Portugal averaged 91.82 points from 1995 until 2021, reaching an all time high of 123.60 points in the fourth quarter of 2020 and a record low of 62.10 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 November of 2021.

Labour Costs in Portugal is expected to be 128.79 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 132.01 points in 2022 and 134.92 points in 2023, according to our econometric models.

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Portugal Unit Labour Costs

Related Last Previous Unit Reference
Long Term Unemployment Rate 3.00 2.40 percent Jun/21
Youth Unemployment Rate 23.70 22.60 percent Sep/21
Labour Costs 115.70 108.90 points Jun/21
Minimum Wages 775.83 775.83 EUR/Month Sep/21
Population 10.30 10.28 Million Dec/20
Employment Change 1.90 -0.80 percent Jun/21
Productivity 98.80 101.80 points Jun/21