100+ datasets found
  1. Average annual wages in Portugal 2000-2023

    • statista.com
    Updated Dec 4, 2024
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    Statista (2024). Average annual wages in Portugal 2000-2023 [Dataset]. https://www.statista.com/statistics/419498/average-annual-wages-portugal-y-on-y/
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    Dataset updated
    Dec 4, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Portugal
    Description

    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.

  2. T

    Portugal Average Net Monthly Wage

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, Portugal Average Net Monthly Wage [Dataset]. https://tradingeconomics.com/portugal/wages
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    csv, xml, json, excelAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1998 - Jun 30, 2025
    Area covered
    Portugal
    Description

    Wages in Portugal increased to 1264 EUR/Month in the second quarter of 2025 from 1250 EUR/Month in the first quarter of 2025. This dataset provides - Portugal Industry Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  3. P

    Portugal Household Income per Capita

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Portugal Household Income per Capita [Dataset]. https://www.ceicdata.com/en/indicator/portugal/annual-household-income-per-capita
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2021
    Area covered
    Portugal
    Description

    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.

  4. Monthly salary rate in construction in Portugal 2024, by region

    • statista.com
    Updated Jul 18, 2025
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    Statista (2025). Monthly salary rate in construction in Portugal 2024, by region [Dataset]. https://www.statista.com/statistics/1561077/portugal-monthly-salary-in-construction-by-region/
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    Dataset updated
    Jul 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Oct 2024
    Area covered
    Portugal
    Description

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

  5. P

    Portugal PT: Proportion of People Living Below 50 Percent Of Median Income:...

    • ceicdata.com
    Updated Jun 15, 2019
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    CEICdata.com (2019). Portugal PT: Proportion of People Living Below 50 Percent Of Median Income: % [Dataset]. https://www.ceicdata.com/en/portugal/social-poverty-and-inequality/pt-proportion-of-people-living-below-50-percent-of-median-income-
    Explore at:
    Dataset updated
    Jun 15, 2019
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2021
    Area covered
    Portugal
    Description

    Portugal PT: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 10.500 % in 2021. This records a decrease from the previous number of 12.300 % for 2020. Portugal PT: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 12.200 % from Dec 2003 (Median) to 2021, with 19 observations. The data reached an all-time high of 14.400 % in 2013 and a record low of 10.500 % in 2021. Portugal PT: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

  6. Minimum annual wages in Portugal 2010-2024

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). Minimum annual wages in Portugal 2010-2024 [Dataset]. https://www.statista.com/statistics/1423417/portugal-minimum-annual-wage/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Portugal
    Description

    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.

  7. Disposable income per household in Portugal 2024, by gender

    • statista.com
    Updated Jul 14, 2025
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    Statista (2025). Disposable income per household in Portugal 2024, by gender [Dataset]. https://www.statista.com/statistics/1612937/portugal-disposable-income-per-household/
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    Dataset updated
    Jul 14, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 30, 2024 - May 8, 2024
    Area covered
    Portugal
    Description

    In Portugal, the disposable income per household in 2024 equaled ***** euros. Gender disparities were noticeable, as male-led households had a monthly disposable income of ***** euros, while female-led households had a disposable income of ***** euros.

  8. Portugal Wages: Average Growth Rate: Private Sector

    • ceicdata.com
    Updated Jul 13, 2018
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    CEICdata.com (2018). Portugal Wages: Average Growth Rate: Private Sector [Dataset]. https://www.ceicdata.com/en/portugal/wages-average-growth-rate
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    Dataset updated
    Jul 13, 2018
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    May 1, 2017 - Jun 1, 2018
    Area covered
    Portugal
    Variables measured
    Wage/Earnings
    Description

    Wages: Average Growth Rate: Private Sector data was reported at 1.100 % in Aug 2018. This records a decrease from the previous number of 1.500 % for Jul 2018. Wages: Average Growth Rate: Private Sector data is updated monthly, averaging 3.200 % from Jan 1990 (Median) to Aug 2018, with 298 observations. The data reached an all-time high of 14.900 % in Feb 1991 and a record low of 0.000 % in Sep 2010. Wages: Average Growth Rate: Private Sector data remains active status in CEIC and is reported by Bank of Portugal. The data is categorized under Global Database’s Portugal – Table PT.G028: Wages: Average Growth Rate. Rates provided for each month are based on the annual increase of the wage settlements weighted by the number of workers covered.

  9. T

    Portugal Nominal Wage Growth in Services

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
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    TRADING ECONOMICS, Portugal Nominal Wage Growth in Services [Dataset]. https://tradingeconomics.com/portugal/wage-growth
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    excel, json, csv, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2006 - May 31, 2025
    Area covered
    Portugal
    Description

    Wages in Portugal increased 9.40 percent in May 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.

  10. T

    Portugal GDP per capita

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +13more
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    TRADING ECONOMICS, Portugal GDP per capita [Dataset]. https://tradingeconomics.com/portugal/gdp-per-capita
    Explore at:
    excel, csv, xml, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    Portugal
    Description

    The Gross Domestic Product per capita in Portugal was last recorded at 22479.20 US dollars in 2024. The GDP per Capita in Portugal is equivalent to 178 percent of the world's average. This dataset provides the latest reported value for - Portugal GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  11. Portugal PT: Households: Gross disposable Income: Wages and Salaries

    • ceicdata.com
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    CEICdata.com, Portugal PT: Households: Gross disposable Income: Wages and Salaries [Dataset]. https://www.ceicdata.com/en/portugal/sectoral-financial-statement-income-and-expense-annual/pt-households-gross-disposable-income-wages-and-salaries
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2006 - Dec 1, 2017
    Area covered
    Portugal
    Description

    Portugal PT: Households: Gross disposable Income: Wages and Salaries data was reported at 79,682.763 EUR mn in 2017. This records an increase from the previous number of 75,717.341 EUR mn for 2016. Portugal PT: Households: Gross disposable Income: Wages and Salaries data is updated yearly, averaging 75,214.177 EUR mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 79,682.763 EUR mn in 2017 and a record low of 69,351.104 EUR mn in 2012. Portugal PT: Households: Gross disposable Income: Wages and Salaries data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Portugal – Table PT.IMF.FSI: Sectoral Financial Statement: Income and Expense: Annual.

  12. P

    Portugal PT: Survey Mean Consumption or Income per Capita: Total Population:...

    • ceicdata.com
    Updated Dec 15, 2024
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    CEICdata.com (2024). Portugal PT: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate [Dataset]. https://www.ceicdata.com/en/portugal/poverty/pt-survey-mean-consumption-or-income-per-capita-total-population-annualized-average-growth-rate
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    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2015
    Area covered
    Portugal
    Description

    Portugal PT: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data was reported at -0.740 % in 2015. Portugal PT: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data is updated yearly, averaging -0.740 % from Dec 2015 (Median) to 2015, with 1 observations. Portugal PT: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank: Poverty. The growth rate in the welfare aggregate of the total population is computed as the annualized average growth rate in per capita real consumption or income of the total population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2011 Purchasing Power Parity (PPP) using the PovcalNet (http://iresearch.worldbank.org/PovcalNet). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The final year refers to the most recent survey available between 2011 and 2015. Growth rates for Iraq are based on survey means of 2005 PPP$. The coverage and quality of the 2011 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2011 exercise of the International Comparison Program. See PovcalNet for detailed explanations.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

  13. T

    Portugal - GDP and main components: Wages and salaries

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Aug 27, 2020
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    TRADING ECONOMICS (2020). Portugal - GDP and main components: Wages and salaries [Dataset]. https://tradingeconomics.com/portugal/gdp-main-components-wages-salaries-eurostat-data.html
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    json, csv, excel, xmlAvailable download formats
    Dataset updated
    Aug 27, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Portugal
    Description

    Portugal - GDP and main components: Wages and salaries was EUR28260.40 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - GDP and main components: Wages and salaries - last updated from the EUROSTAT on August of 2025. Historically, Portugal - GDP and main components: Wages and salaries reached a record high of EUR28260.40 Million in March of 2025 and a record low of EUR8440.80 Million in March of 1995.

  14. P

    Portugal Avg Monthly Earnings

    • ceicdata.com
    Updated Jun 2, 2018
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    CEICdata.com (2018). Portugal Avg Monthly Earnings [Dataset]. https://www.ceicdata.com/en/portugal/average-monthly-earnings
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    Dataset updated
    Jun 2, 2018
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2011 - Dec 1, 2022
    Area covered
    Portugal
    Variables measured
    Wage/Earnings
    Description

    Avg Monthly Earnings data was reported at 1,367.990 EUR in 2022. This records an increase from the previous number of 1,294.110 EUR for 2021. Avg Monthly Earnings data is updated yearly, averaging 1,034.190 EUR from Dec 1995 (Median) to 2022, with 27 observations. The data reached an all-time high of 1,367.990 EUR in 2022 and a record low of 584.007 EUR in 1995. Avg Monthly Earnings data remains active status in CEIC and is reported by Statistics Portugal. The data is categorized under Global Database’s Portugal – Table PT.G033: Average Monthly Earnings.

  15. P

    Portugal Rendimento familiar por habitante

    • ceicdata.com
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    CEICdata.com, Portugal Rendimento familiar por habitante [Dataset]. https://www.ceicdata.com/pt/indicator/portugal/annual-household-income-per-capita
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2021
    Area covered
    Portugal
    Description

    Os dados de Rendimento familiar por habitante de Portugal foram registrados em 17,108.254 USD em 2021. Este é um registro de um aumento com relação aos números anteriores de 15,671.838 USD em 2020. Os dados de Rendimento familiar por habitante de Portugal são atualizados anualmente, com uma média de 13,658.451 USD em 1995 até 2021, com 27 observações. Os dados alcançaram um alto recorde de 17,194.610 USD em 2008 e um baixo recorde de 8,054.405 USD em 2000. Os dados de Rendimento familiar por habitante de Portugal permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Annual Household Income Per Capita: USD.

  16. Minimum monthly wage in Portugal 2000-2025

    • statista.com
    Updated Jan 30, 2025
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    Statista (2025). Minimum monthly wage in Portugal 2000-2025 [Dataset]. https://www.statista.com/statistics/1552191/portugal-minimum-monthly-wage/
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    Dataset updated
    Jan 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Portugal
    Description

    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.

  17. T

    Portugal - Median relative income of elderly people (60+): Females

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 11, 2021
    + more versions
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    TRADING ECONOMICS (2021). Portugal - Median relative income of elderly people (60+): Females [Dataset]. https://tradingeconomics.com/portugal/median-relative-income-of-elderly-people-60-females-eurostat-data.html
    Explore at:
    csv, xml, json, excelAvailable download formats
    Dataset updated
    Jun 11, 2021
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Portugal
    Description

    Portugal - Median relative income of elderly people (60+): Females was 0.87% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Median relative income of elderly people (60+): Females - last updated from the EUROSTAT on July of 2025. Historically, Portugal - Median relative income of elderly people (60+): Females reached a record high of 0.94% in December of 2022 and a record low of 0.82% in December of 2010.

  18. P

    Portugal Natural resources income - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 19, 2015
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    Globalen LLC (2015). Portugal Natural resources income - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Portugal/Natural_resources_income/
    Explore at:
    xml, excel, csvAvailable download formats
    Dataset updated
    Jan 19, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1970 - Dec 31, 2021
    Area covered
    Portugal
    Description

    Portugal: Income from natural resources, percent of GDP: The latest value from 2021 is 0.29 percent, an increase from 0.2 percent in 2020. In comparison, the world average is 6.83 percent, based on data from 186 countries. Historically, the average for Portugal from 1970 to 2021 is 0.29 percent. The minimum value, 0.11 percent, was reached in 1998 while the maximum of 0.57 percent was recorded in 1979.

  19. Portugal Gross Disposable Income per Capita: 2000p

    • ceicdata.com
    Updated Jun 15, 2019
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    CEICdata.com (2019). Portugal Gross Disposable Income per Capita: 2000p [Dataset]. https://www.ceicdata.com/en/portugal/esa-1995-gdp-and-gross-disposable-income-per-capita/gross-disposable-income-per-capita-2000p
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    Dataset updated
    Jun 15, 2019
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 1997 - Dec 1, 2008
    Area covered
    Portugal
    Variables measured
    Gross Disposable Income
    Description

    Portugal Gross Disposable Income per Capita: 2000p data was reported at 15,001.564 EUR in 2008. This records an increase from the previous number of 14,325.462 EUR for 2007. Portugal Gross Disposable Income per Capita: 2000p data is updated yearly, averaging 12,775.164 EUR from Dec 1995 (Median) to 2008, with 14 observations. The data reached an all-time high of 15,001.564 EUR in 2008 and a record low of 8,772.304 EUR in 1995. Portugal Gross Disposable Income per Capita: 2000p data remains active status in CEIC and is reported by Statistics Portugal. The data is categorized under Global Database’s Portugal – Table PT.A018: ESA 1995: GDP and Gross Disposable Income: per Capita. Rebased from 2000p to 2006p Replacement series ID: 247138203

  20. F

    Gross National Income for Portugal

    • fred.stlouisfed.org
    json
    Updated Jul 2, 2025
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    (2025). Gross National Income for Portugal [Dataset]. https://fred.stlouisfed.org/series/MKTGNIPTA646NWDB
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    jsonAvailable download formats
    Dataset updated
    Jul 2, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    Portugal
    Description

    Graph and download economic data for Gross National Income for Portugal (MKTGNIPTA646NWDB) from 1960 to 2024 about Portugal, GNI, and income.

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Statista (2024). Average annual wages in Portugal 2000-2023 [Dataset]. https://www.statista.com/statistics/419498/average-annual-wages-portugal-y-on-y/
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Average annual wages in Portugal 2000-2023

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Dataset updated
Dec 4, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Portugal
Description

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.

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