Average Salary in Portugal 2024

Discover the salary landscape in Portugal with insights into the pay scale, wage gap, yearly increments, and breakdown over education level and years of experience. Gain an understanding of the Portuguese job market's intricacies and how these factors affect earning potential. Explore the dynamics of salary progression and uncover valuable information to make informed career decisions. Stay ahead of the curve by delving into this comprehensive analysis of Portugal's salary trends and unlock new opportunities for personal and professional growth.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Portugal in 2024?

What is the average salary in Portugal in 2024?
1,800EUR
(EUR 20,600 yearly)
Low 780 EUR
Average 1,800 EUR
High 7,600 EUR
You can expect to earn around EUR 1,800 per month if you work in Portugal. Keep in mind that salaries can range from EUR 780 (lowest average) to EUR 7,600 (highest average, actual maximum salary is higher). This average salary includes housing, transport, and other benefits. Salaries differ greatly depending on the career. For detailed salary information on specific job titles, please refer below.
In comparison with average salary in Portugal in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison 2023 and 2024 we are able to do it at the end of this year.

Pay Scale and Salaries in Portugal

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than EUR 7,600, 75% of the people earn EUR 2,400 or less. 50% employees earn less EUR 1,700 or less, 25% of the employees earn less than EUR 1,300.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than EUR 7,600, 75% of the people earn EUR 2,400 or less. 50% employees earn less EUR 1,700 or less, 25% of the employees earn less than EUR 1,300.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Portugal the minimum salary is EUR 780.

Median Salary

By considering the median salary in Portugal of EUR 1,400, one can understand the middle point of all salaries in a dataset. This measurement provides a fairer assessment of income distribution and is commonly employed to estimate average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Portugal the salary ranges from EUR 780 to EUR 7,600.

Annual Salary Increments in Portugal

What is the average annual salary increment in the Portugal? How frequently do employees receive salary raises?

In 2024 the workforce in Portugal experienced approximately 0.7% salary growth. It's important to highlight that this figure represents the average across diverse job sectors. Globally, the average salary increase for 2024 stands at 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024, Portugal employees received an average salary increase of 0.7%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in Portugal

In the past years, employees in Portugal have seen their salaries rise by an average of 2.5% per year. The increment ranges from 0.5% to 5.8% per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
On average, employees in Portugal experienced a salary increase ranging from 0.5% to 5.8% per year in recent years. This translates to an average increment of 2.5% per year.

Salary Forecast and Trends for the Future in Portugal

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 2.6%. Estimated range is between 1.4% and 4.0%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 2.6%. Estimated range is between 1.4% and 4.0%.

Gender Wage Gap in Portugal

What is the difference in pay between mens and womens? Men vs. women salary comparison.

Actual wage gap in Portugal is 12.2%.Download chartGet chart linkShare on FacebookShare on Twitter
The gender pay disparity in Portugal is 12.2%.
It's due to many factors, such as:
  • Discrimination based on gender.
  • On average, women take 10% more days of paid vacation than men each year.
  • College degrees are less common among women compared to men.
  • When it comes to caregiving responsibilities for children and elderly relatives, women are more probable than men to take them on.
  • Part-time work is more common among women, and they typically earn less than their full-time counterparts.
  • Lower-paying occupations are more common among women than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and attaining a bachelor's degree yields a host of benefits. Above all, it significantly enhances career prospects by increasing earning potential and broadening access to a greater variety of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and earning a bachelor's degree comes with a plethora of benefits. First and foremost, it significantly enhances career opportunities, allowing for higher income potential and greater access to diverse job prospects. Beyond financial rewards, pursuing a bachelor's degree promotes personal growth, cultivates critical thinking skills, and provides the chance to specialize in a specific area of interest. Additionally, it facilitates valuable networking opportunities and fosters the development of a global mindset. Ultimately, the journey from high school to a bachelor's degree is a transformative experience that unlocks a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. is a testament to perseverance, intellectual curiosity, and a commitment to pushing the boundaries of human understanding, ultimately leading to a fulfilling and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 16%-20% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of approximately 12%-16%. Expertise and leadership attain higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 19%-23% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 16%-20% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 12%-16%. Expertise and leadership garner higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 19%-23% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Portugal

What is the average hourly wage in the Portugal?

Average Hourly Wage
10EUR
Low 5 EUR
Average 10 EUR
High 44 EUR

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: The irregular or fluctuating income from hourly wages can make it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks commonly associated with full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disturb work-life balance and make it hard to maintain consistent routines.
  • Uncertain job security: Job insecurity may be more prevalent in hourly positions than in salaried positions, as they are susceptible to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Some hourly jobs may have limited opportunities for career growth, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Portugal

What are the best paying jobs in Portugal?

List with best paid jobs in PortugalDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Portugal?

  1. Surgeon (EUR 7,500)
  2. Doctor (EUR 6,800)
  3. Chief Executive Officer (CEO) (EUR 6,500)
  4. Registered Nurse Anesthetist (EUR 6,300)
  5. Dentist (EUR 6,000)
  6. Airline Pilot (EUR 5,800)
  7. Intellectual Property Lawyer (EUR 5,600)
  8. Marketing Manager (EUR 5,000)
  9. Marketing Director (EUR 5,000)
  10. Sales Director (EUR 4,700)
  11. Sales Manager (EUR 4,700)
  12. Petroleum Engineer (EUR 4,700)
  13. Brand Manager (EUR 4,600)
  14. Marketer (EUR 4,600)
  15. Judge (EUR 4,500)
  16. Treasurer (EUR 4,400)
  17. Controller (EUR 4,400)
  18. Pharmacist (EUR 4,300)
  19. Tax Lawyer (EUR 4,300)
  20. Lawyer (EUR 4,300)
List with worst paid jobs in PortugalDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Portugal?

  1. Cashier (EUR 810)
  2. Childcare Worker (EUR 850)
  3. Stock clerk (EUR 860)
  4. Elder Care Worker (EUR 870)
  5. Receptionist (EUR 900)
  6. Bartender (EUR 1,000)
  7. Food and beverage server (EUR 1,000)
  8. Janitor (EUR 1,000)
  9. Waiter (EUR 1,100)
  10. Tour Guide (EUR 1,100)
  11. Customer Service Representative (EUR 1,300)
  12. Hotel Concierge (EUR 1,300)
  13. Rehabilitation Counselor (EUR 1,300)
  14. Travel Agent (EUR 1,400)
  15. Secretary (EUR 1,400)
  16. Painter (EUR 1,500)
  17. Carpenter (EUR 1,500)
  18. Bus Driver (EUR 1,600)
  19. Artist (EUR 1,600)
  20. Truck Driver (EUR 1,600)
List with best paid industries in PortugalDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (EUR 4,800)
  2. Business and Management (EUR 4,100)
  3. Marketing and Sales (EUR 3,800)
  4. Engineering (EUR 3,500)
  5. Law (EUR 3,300)
  6. Accounting and Finance (EUR 3,300)
  7. Computer and Information Technology (EUR 3,200)
  8. Transportation and Logistics (EUR 3,100)
  9. Science (EUR 3,100)
  10. Education and Training (EUR 2,600)
  11. Other (EUR 1,900)
  12. Hospitality and Tourism (EUR 1,600)
  13. Social Services (EUR 1,300)
  14. Services (EUR 1,200)