Portugal Portugal National Minimum Wage - NMW

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NMW Portugal 2024

The minimum wage goes up in Portugal

In 2024, the national minimum wage in Portugal remained fixed at €956.7 per month, that is 11,480 euros per year, taking into account 12 payments per year.

Accordingly the national minimum wage has been raised 70 Euros per month from the previous year, 7.89%. This increase is greater than the CPI of 2023 which was 1.4%, so workers have gained buying power in the last year.

If we look at the ranking of the national minimum wage that we publish, Portugal is in 25 nd place of the 120 of the list.

The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.

In the table that follows we show you the progression of the National Minimum Wage Portugal. You can see NMW in other countries in National Minimum Wage 2024 and see all the information about this country in Portugal economy.

Portugal - Minimum wages
DateNat. Curr. NMWNMWNMW
January 2024956.7€956.7
June 2023886.7$947.2€886.7
January 2023886.7$945.7€886.7
June 2022822.5$881.1€822.5
January 2022822.5$866.1€822.5
June 2021775.8$946.6€775.8
January 2021775.8$917.6€775.8
June 2020740.8$825.0€740.8
January 2020740.8$846.2€740.8
June 2019700.0$780.6€700.0
January 2019700.0$783.6€700.0
June 2018676.7$791.6€676.7
January 2018676.7$799.1€676.7
June 2017649.8$729.2€649.8
January 2017649.8$734.1€649.8
June 2016618.3$689.7€618.3
January 2016618.3$684.4€618.3
June 2015589.2$646.3€589.2
January 2015589.2$653.7€589.2
June 2014565.8$769.9€565.8
January 2014565.8$751.7€565.8
January 2013565.8$751.5€565.8
January 2012565.8$727.0€565.8
January 2011565.8$787.6€565.8
June 2010554.2$682.0€554.2
January 2010554.2$734.7€554.2
June 2009525.0$740.2€525.0
January 2009525.0$732.3€525.0
June 2008497.0$770.8€497.0
January 2008497.0$731.0€497.0
June 2007470.2$632.5€470.2
January 2007470.2$644.4€470.2
June 2006450.0$579.0€450.0
January 2006450.0$565.0€450.0
June 2005437.2$539.1€437.2
January 2005437.2$543.9€437.2
June 2004426.0$519.6€426.0
January 2004426.0$529.8€426.0
June 2003416.0$491.8€416.0
January 2003416.0$470.6€416.0
June 2002406.0$381.1€406.0
January 2002406.0$383.9€406.0
June 2001389.9$330.6€389.9
January 2001389.9$349.2€389.9
June 2000371.3$345.4€371.3
January 2000371.3$342.9€371.3
June 1999356.7$373.0€356.7
January 1999356.7$380.2€356.7
January 1998294.0$1.6
January 1997283.0$1.8
January 1996272.0$1.8
January 1995259.0$1.6
Portugal - Minimum wages
Portugal - Minimum wages