In 2023, the national minimum wage in Portugal remained fixed at €886.7 per month, that is 10,640 euros per year, taking into account 12 payments per year.
Accordingly the national minimum wage has been raised 64.2 Euros per month from the previous year, 7.81%. This increase is less than the CPI of 2022 which was 9.6%,and so workers, despite the raise, have lost buying power in the last year.
If we look at the ranking of the national minimum wage that we publish, Portugal is in 23 nd place of the 107 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 2023 and see all the information about this country in Portugal economy.