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Portugal

Data verified August 2026 · Sources

Portugal's $44,937 PPP-adjusted average wage in 2025 sets its series peak, as improved recent wage growth outpaces a long period of weakness and consumer prices register 55.7 against the US benchmark of 100.

PPP-adjusted wage $44,937 · 2025Overall Price Level 55.7 · 2024 · US=100

Portugal at a Glance

1Y Change

+1.8%

5Y Change

+13.9%

10Y Change

+23.1%

Historical Peak

$44,937 2025

Change From Peak

At the historical peak

Overall Price Level

55.7

Portugal’s Wage Story

Follow how PPP-adjusted average annual wages have changed in Portugal using constant-price OECD data.

$36k$38k$41k$43k$46k20152016201720182019202020212022202320242025

USD PPP, constant prices · missing years shown as gaps, never interpolated

Ten Years Ago

$36,520 (2015)

Below latest by 23.0%

Historical Peak

$44,937 2025

At the latest level

Latest Wage

$44,937 2025

At the historical peak

Data Coverage

Wage history: 1995–2025

Reported observations: 31

Missing wage years: None

Latest price data: 2024 · 8 of 8 categories available

Wage trend illustration

A Half-Decade Doing Heavy Lifting

Portuguese wages moved +23.1% over ten years, +13.9% across five, and +1.8% in the latest year. At $44,937 in 2025 the reading is the series maximum, and the acceleration from +23.1% over a decade to +13.9% over five years shows the recent half-decade carried more than its proportional share of growth. The 2015 base of $36,520 quantifies how much ground that represents. A record set on the back of the strongest half-decade in the country's modern series is a different statement from a record set by drift.

Growth Meeting Affordability Pressure

Recent wage growth has improved while affordability pressure has increased in major cities, and that tension is part of reading the Portuguese figures: a +1.8% latest-year change at a peak could reflect both stronger negotiated settlements and cost-of-living catch-up. The +13.9% five-year pace is the clearest signal of the recent shift, and it outruns what the decade average alone would suggest. That context frames the reading; it does not by itself explain any single year's figure.

A Wide Price Gap

Portugal's 2024 overall price level registers 55.7, some 44.3 index points beneath the US reference. The figure locates the country on a comparative scale and carries no euro amount; it sits next to the half-decade wage surge as a separate strand. Portugal's wage record begins in 1995 with 31 observations.

Portugal’s Everyday Price Profile

Compare eight consumer price categories in Portugal with the United States reference value of 100.

Overall

55.7−44.3 below U.S.

Food

87.6−12.4 below U.S.

Clothing

82.4−17.6 below U.S.

Housing

44.7−55.3 below U.S.

Health

39.5−60.5 below U.S.

Transport

92−8.0 below U.S.

Recreation

66.5−33.5 below U.S.

Restaurants & Accommodation

61.7−38.3 below U.S.

What Stands Out

Highest: Transport

Transport has the highest relative price level of the 8 reported categories in 2024, at 92 against the United States reference of 100. That is −8.0 index points from the benchmark and 4.4 points ahead of the next category, Food at 87.6.

Lowest: Health

Health is the lowest of the reported categories in 2024 at 39.5, −60.5 index points against the United States benchmark of 100. The spread between the highest and lowest reported categories is 52.5 index points, which shows how uneven the 2024 price profile is across categories.

Overall vs United States

The overall price level for 2024 is 55.7, below the United States benchmark (−44.3 index points). Looking across the profile, all 8 reported categories read below 100, so the overall figure summarizes a spread of category positions rather than a uniform level.

Compare Portugal

Choose another OECD economy to compare wages, historical changes and all eight consumer price categories.

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Frequently Asked Questions About Portugal

What is the average annual wage in Portugal?

Portugal's 2025 average wage is $44,937. The figure also tops the available series.

How has the average wage changed in Portugal?

The decade change is +23.1%, accelerating to +13.9% over five years and +1.8% in the latest year. The stronger recent pace reflects improved wage growth after a long weak period. Each horizon uses its exact target year.

What are consumer price levels like in Portugal?

Portugal's overall consumer price index is 55.7 for 2024, below the US at 100. That is a relative index standing, not a dollar amount or inflation rate.

Is Portugal's wage at a record high?

Yes. Portugal's $44,937 wage in 2025 is the series peak. The +13.9% five-year shift reflects improved growth after a prolonged period of wage weakness.