After a steep decline, starting in 2010 and culminating in the bottom value of 19,939 euros, average annual wages in Portugal increased to unprecedented figures. By 2021, the mean wage per year of work was 21,717 euros, despite the more than 200-euro drop that followed in 2022. By 2023, annual wages rose to 22,006 euros. The salary increase is not enough to tackle living expenses The surge in salaries is even more evident when considering minimum annual wages. Following a period of stagnation between 2011 and 2014, the Portuguese minimum annual salary has been on a hike, reaching 11,480 euros by 2024. This rise is relevant when considering the impact of growing inflation on the prices of goods and services, as it restores some purchasing power to workers. Nevertheless, 50 percent of Portuguese people stated, in 2023, that their professional income was mostly not enough to face up to living expenses. Youngsters and women struggle the most when it comes to unemployment and salary amounts The unemployment rate in the country was at six percent in the second quarter of 2024, having decreased from the previous quarter. People between 16 and 24 years of age were the most affected by unemployment, with shares of 22 percent in the same quarter. Women followed as the second most impacted by this social issue. The gender gap is also notorious when it comes to wages. In 2022, women’s average monthly salaries were over 13 percent lower than the salaries of their male counterparts, which impairs women in the tackling of the rising cost of living.

Wages in Portugal increased to 1184 EUR/Month in the fourth quarter of 2024 from 1151 EUR/Month in the third quarter of 2024. This dataset provides - Portugal Industry Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In Portugal, the average gross wage in construction in 2024 was the highest in the region of Greater Lisbon, at 1,399 euros. Alentejo, on the other hand, presented the lowest average salary during the same period, with 1,137 euros.

The minimum salary in Portugal increased since 2010. It was stagnant at almost 6,790 euros from 2011 to 2014. By 2024, the minimum annual wage was 11,480 euros, the highest value ever registered in the country.

Explore the progression of average salaries for graduates in Spanish & Portuguese from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Spanish & Portuguese relative to other fields. This data is essential for students assessing the return on investment of their education in Spanish & Portuguese, providing a clear picture of financial prospects post-graduation.

Wages in Portugal increased 9.10 percent in January of 2025 over the same month in the previous year. This dataset provides - Portugal Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Explore the progression of average salaries for graduates in English And Portuguese & 1 Year Of Related Exp. (See H.14) from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of English And Portuguese & 1 Year Of Related Exp. (See H.14) relative to other fields. This data is essential for students assessing the return on investment of their education in English And Portuguese & 1 Year Of Related Exp. (See H.14), providing a clear picture of financial prospects post-graduation.

In Portugal, the minimum monthly wage has increased during the last quarter of a century. In 2000, the minimum monthly wage amounted to 318 euros. As of 2025, the guaranteed minimum monthly retribution equaled 870 euros, increasing 174.4 percent compared to the year 2000 and 6.1 percent over the year 2024.

Key information about Portugal Household Income per Capita

• Portugal Annual Household Income per Capita reached 17,108.254 USD in Dec 2021, compared with the previous value of 15,671.838 USD in Dec 2020.
• Portugal Annual Household Income per Capita data is updated yearly, available from Dec 1995 to Dec 2021, with an averaged value of 13,658.451 USD.
• The data reached an all-time high of 17,194.610 USD in Dec 2008 and a record low of 8,054.405 USD in Dec 2000.
• In the latest reports, Retail Sales of Portugal grew 3.063 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from annual Household Income per Capita and converts it into USD. Statistics Portugal provides Average Household Income per Capita in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income covers Household Disposable Income only.

Explore the progression of average salaries for graduates in Spanish And Portuguese Languagues And Cultures from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Spanish And Portuguese Languagues And Cultures relative to other fields. This data is essential for students assessing the return on investment of their education in Spanish And Portuguese Languagues And Cultures, providing a clear picture of financial prospects post-graduation.

In Portugal, the average gross wage in construction was 1,268.5 euros in 2024. Civil engineers received the highest monthly salary, around 2,359 euros, while plasterers earned an average of 1,086 euros per month.

The national minimum wage per month in Spain increased steadily over the last years. The minimum monthly wage grew by about 89 percent from 2008 to 2024, with salaries increasing from 600 euros a month to 1,134 euros a month in 2023. In 2019, the Socialist government of Spain passed a decree by which the national minimum wage would be given a boost of 164 euros, therefore making it stand at 900 euros per month as of that year, the largest increase to date.

Salaries in Spain

Along with the monthly wage, the national minimum daily wage also grew consistently over the past years, with the gross minimum standing at 37.8 euros a day in 2024 relative to 20 euros a day in 2008. Annual wages in Spain have however not followed this trend and fluctuated greatly during the same period. The highest average wage registered in Spain took place in 2009, year in which the mean salary amounted to over 30,000 euros a year after a period of ongoing growth. Spanish salaries however initiated a downtrend that prompted the average worker to earn approximately 29,113 thousand euros a year in 2022.

Salaries in Europe

Iceland ranked as the European country that featured the highest salaries in 2022, with an average wage of approximately 79,473 euros a year. Luxembourg and Switzerland followed second and third, with average salaries of 78,000 and 73,000 a year, respectively. In terms of growth, Portugal ranked as the country that saw the lowest decrease in salaries in 2022 compared to the previous year, with a development of -0.2 percent more relative to 2021, during that year, no European country registered an increase in real wages.

In Portugal, the gender pay gap (GPG) has shown a decreasing tendency over the period considered. In 2010, it was at almost 18 percent and, in 2015, it was registered at nearly 17 percent. In 2021, women's average monthly wages were 13 percent lower than men's. By 2022, the GPG increased 0.1 percent compared to the previous year.

As of January 2024, the net minimum wage in Portugal stood at 702.8 euros per month. The figure went up 3.9 percent compared to the corresponding period of the previous year.

Portugal Gross Disposable Income of Households per Inhabitant: Lisbon data was reported at 14,176.000 EUR in 2015. This records an increase from the previous number of 13,806.000 EUR for 2014. Portugal Gross Disposable Income of Households per Inhabitant: Lisbon data is updated yearly, averaging 13,894.500 EUR from Dec 2000 (Median) to 2015, with 16 observations. The data reached an all-time high of 15,322.000 EUR in 2010 and a record low of 10,621.000 EUR in 2000. Portugal Gross Disposable Income of Households per Inhabitant: Lisbon data remains active status in CEIC and is reported by Statistics Portugal. The data is categorized under Global Database’s Portugal – Table PT.H011: Gross Disposable Income of Households per Inhabitant: ESA 2010.

Net annual earnings for a single earner family with two children in the European Union have increased from 25,434 euros in 2013 to 33,939 euros over the period from 2013 to 2023. Net earnings received a boost during the pandemic years of 2020 and 2021, in spite of gross earnings decreasing in 2020, due to reduced taxes and increased family allowances.

The country with the highest minimum wage rate in Europe during the first half of 2025 was Luxembourg, with a minimum wage of 2638 euros. Ireland, the Netherlands, and Germany were the countries with the next highest minimum wages, all above 2000 euros a month, while Albania, Bulgaria, and Montenegro had the lowest minimum wages in the same period.

According to a survey of practicing physicians in various countries, female physicians generally had lower salaries than their male counterparts. The average male physician in the United States earned 386,000 U.S. dollars while female doctors were paid just 300,000 U.S. dollars. In terms of percentage, the pay gap was widest in Portugal, where male doctors earned over 60 percent more than female doctors.

The house price to income index in Europe declined in almost all European countries in 2023, indicating that income grew faster than house prices. Portugal, Luxembourg, and the Netherlands led the house price to income index ranking in 2023, with values exceeding 125 index points. Romania, Bulgaria, and Finland were on the other side of the spectrum, with less than 100 index points. The house price to income ratio is an indicator for the development of housing affordability across OECD countries and is calculated as the nominal house prices divided by nominal disposable income per head, with 2015 chosen as a base year. A ratio higher than 100 means that the nominal house price growth since 2015 has outpaced the nominal disposable income growth, and housing is therefore comparatively less affordable. In 2023, the OECD average stood at 117.4 index points.

Portugal, the Netherlands and Austria are among the countries where house prices grew the most in comparison to income since 2015. In the fourth quarter of 2024, the house price to income ratio in the Netherlands and Austria exceeded 120 index points, indicating that since 2015, house price growth has outpaced income growth by 20 percent. In Portugal, the index amounted to 153 index points in the same period. This was not the case in all countries in the ranking: In Finland, Bulgaria, and Romania, the opposite trend was observed, showing that incomes grew faster than house prices. The house price to income ratio is calculated as the nominal house prices divided by nominal income per capita, with 2015 chosen as the base year of the index. The ratio signifies the development of hosing affordability, with higher figures meaning housing is more unaffordable. There are other indices, such as RHPI (or house price indices corrected by inflation rates) which look at this as well.