Minimum Wages in Portugal were at 886.67 EUR/Month in 2023. 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: (EUR 760 x 14) / 12 = EUR 886.67. source: EUROSTAT

Minimum Wages in Portugal averaged 554.25 EUR/Month from 1999 until 2023, reaching an all time high of 886.67 EUR/Month in the first quarter of 2023 and a record low of 356.72 EUR/Month in the third quarter of 1999. This page provides - Portugal Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Gross Minimum Monthly Wage - values, historical data and charts - was last updated on June of 2023.

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Portugal Gross Minimum Monthly Wage



Related Last Previous Unit Reference
Long Term Unemployment Rate 2.80 2.50 percent Dec 2022
Youth Unemployment Rate 18.30 19.80 percent Apr 2023
Labour Costs 113.83 126.98 points Mar 2023
Minimum Wages 886.67 822.50 EUR/Month Mar 2023
Population 10.35 10.30 Million Dec 2022
Productivity 109.00 108.75 points Mar 2023
Employment Change -0.80 -0.20 percent Dec 2022

Portugal Gross Minimum Monthly Wage
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: (EUR 760 x 14) / 12 = EUR 886.67.
Actual Previous Highest Lowest Dates Unit Frequency
886.67 822.50 886.67 356.72 1999 - 2023 EUR/Month Quarterly