Labour Costs in Portugal decreased to 104.19 points in the first quarter of 2022 from 122.19 points in the fourth quarter of 2021. source: EUROSTAT

Labour Costs in Portugal averaged 92.37 points from 1995 until 2022, 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 August of 2022.

Labour Costs in Portugal is expected to be 119.87 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 128.00 points in 2023 and 130.82 points in 2024, according to our econometric models.

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Portugal Unit Labour Costs

Related Last Previous Unit Reference
Long Term Unemployment Rate 2.80 3.10 percent Mar 2022
Youth Unemployment Rate 19.30 19.80 percent Jun 2022
Labour Costs 104.19 122.19 points Mar 2022
Minimum Wages 822.50 775.83 EUR/Month Mar 2022
Population 10.30 10.30 Million Dec 2021
Productivity 103.17 107.10 points Mar 2022
Employment Change 0.00 0.70 percent Dec 2021