Study on the average wage in Portugal
In its initial part, the Study on the Average Wage in Portugal aims to provide a picture of the current average salary in Portugal and its recent developments (2002-2018), including comparisons with the rest of Europe.
In its second part, it looks at different future scenarios for the average wage in Portugal through 2030, for the purpose of helping it grow, considering the following factors:
- The average wage in Portugal has been practically stagnant since 2000, weakening the middle class and compromising economic success and social cohesion.
- From 2000 to 2018, the proportion of employed workers earning the national minimum wage went from 4% to 22%. Thus, currently 1 in 5 workers receives the national minimum wage, which has major implications on the distribution of pay.
- There is also a minor gap between the minimum wage and the average wage, coupled with their low amounts, which legitimizes and encourages discussion on raising the average wage.
The study is coordinated by the University of Minho with the cooperation of the University of Lisbon’s School of Social and Political Sciences (ISCSP).
The completion of the study, which is ongoing, will depend on developments with the COVID-19 pandemic.