Portugal to Raise Minimum Wage by €50 in 2027, Boosting Earnings by 34%
The Portuguese government has committed to a €50 hike in the minimum wage for 2027, a move that will raise workers’ pay by roughly one‑third.
📌 Key Highlights & Context
- €50 increase scheduled for 2027
- Represents a 34% rise in the minimum wage
- Agreement reached with social partners, except CGTP
Details of the Increase
Labor, Solidarity and Social Security Minister Rosário Palma Ramalho announced that a €50 raise in the minimum wage by 2027 will increase workers' earnings by 34% nationwide, marking a substantial jump from the 2024 level.
Social and Economic Impact
The measure is designed to counter rising living costs and housing prices. The minister emphasized that the increase will protect purchasing power and reinforce social equity.
- The raise was negotiated with all social partners.
- All unions and employer groups, except the CGTP, have endorsed the decision.
- The increase is reflected in the 2027 state budget proposal.
Sources
“Salário mínimo? Aumentos não são pouco para um país como Portugal”, realça ministra do Trabalho