Free Portugal Minimum Wage Calculator 2027 — Proposed €970/Month

How to use

1. Choose the proposed 2027 rate (€970), the current 2026 rate (€920), or enter a custom monthly gross to compare any wage.
2. Enter your hours per week — 40 is standard — to see the hourly equivalent.
3. Click Calculate My Minimum Wage to see your monthly and annual gross (over 14 payments), the hourly equivalent, and the difference against the other rate.
4. Remember the status: €970 is proposed, not law — the final vote is 24 November 2026.

How it works

Portugal's minimum wage — the Retribuição Mínima Mensal Garantida (RMMG) — is set each year by the government after consulting the social partners (employers and unions). The figure does not come from the budget itself: the budget sets the fiscal frame, and a separate decree-law fixes the wage. For 2027 the government announced €970 a month when it delivered the proposed 2027 State Budget (OE2027) to Parliament on 8 October 2026. The budget bill passed its first vote in principle on 28 October, after two days of debate, and now goes through detailed votes from 18 to 23 November, with the final overall vote on 24 November 2026. The formal minimum-wage decree usually follows in December — for 2026, the government approved the €920 rate on 17 December 2025. Until a decree is published in the Diário da República, €920 remains the law.

The €970 figure follows a path agreed in October 2024. The tripartite agreement on wage growth and economic growth for 2025–2028, signed by the government, the four business confederations and the UGT union, set out €50 rises each year: €870 in 2025, €920 in 2026, €970 in 2027 and €1,020 in 2028. After the general election of 18 May 2025, the government added a further target: €1,100 gross a month by 2029. The unions have asked for more — the UGT proposed €1,000 for 2027 and the CGTP €1,100 — but the labour minister said in September 2026 that a review of the increase was "not currently on the table" and the agreed figure would stand. If you live and work in Portugal, the ExpatMoneyEU Portugal net salary calculator shows what any gross salary is worth after Portuguese tax and social security.

One thing surprises newcomers: Portugal pays 14 monthly salaries a year. On top of the 12 monthly payments, every employee gets a holiday allowance (subsídio de férias) and a Christmas allowance (subsídio de Natal), each equal to one month's pay. So the proposed €970 is really €13,580 gross a year (€970 × 14), and today's €920 is €12,880 a year. The €50 monthly rise is therefore worth €700 a year. The two extra payments are usually paid in June and November, though employer and employee can agree to spread them across the year. The hourly equivalent is a derived figure, not a legal rate: €970 divided by 173.33 hours a month (40 hours a week) gives about €5.60 an hour, against about €5.31 at €920.

This page deliberately shows gross pay only. A net-pay figure would need the 2027 IRS brackets and the tax-free minimum (mínimo de existência) — and those are part of the same budget proposal, not yet law. The proposal would set the tax-free minimum at €13,580 — exactly 14 monthly payments of €970 — but until the budget passes, any net calculation is a guess, so we do not publish one. Check back after the 24 November vote and the December decree for the confirmed figures.

Worked example

Portugal minimum wage 2026 vs proposed 2027

Sources: Proposed 2027 State Budget (Orçamento do Estado para 2027), Proposta de Lei 110/XVII/2.ª, delivered to Parliament 8 October 2026; Government of Portugal OE2027 presentation (Ministry of Finance); Decree-Law 139/2025 (current €920 rate, in force 1 January 2026); October 2024 tripartite agreement on wage growth and economic growth 2025–2028; Lusa reporting, 16 September and 8 October 2026. Net pay is not shown: the 2027 IRS brackets are part of the same unapproved proposal.

Frequently asked questions

Is Portugal's €970 minimum wage for 2027 already law?

No. €970 a month is the government's proposed target for 2027, announced with the draft 2027 State Budget (OE2027) on 8 October 2026. Parliament approved the budget bill in principle on 28 October, but the final overall vote is on 24 November 2026, and the minimum wage itself is set by a separate decree-law after consulting the social partners. Until that decree is published in the Diário da República, the current rate of €920 a month remains the law.

What is Portugal's minimum wage right now in 2026?

€920 gross a month, set by Decree-Law 139/2025 and in force since 1 January 2026. Portugal pays 14 monthly salaries a year — 12 months plus a holiday allowance and a Christmas allowance — so €920 a month means €12,880 gross a year.

How much more would €970 a month be worth in a year?

€50 more a month, and €700 more a year, because Portugal pays 14 monthly salaries: €970 × 14 = €13,580 gross a year, against €920 × 14 = €12,880 today. That is a 5.4% rise on the monthly figure.

Why is Portugal's minimum wage paid 14 times a year?

Portuguese law gives every employee a holiday allowance (subsídio de férias) and a Christmas allowance (subsídio de Natal), each equal to one month's pay, on top of the 12 monthly salaries. So a €970 monthly minimum is really €13,580 a year, paid in 14 instalments. The two extra payments are usually paid in June and November, or spread across the year by agreement.

What is the hourly rate of Portugal's proposed 2027 minimum wage?

About €5.60 an hour at a 40-hour week (970 ÷ 173.33 hours a month), against about €5.31 an hour at today's €920. Portugal's statutory minimum is a monthly figure, so the hourly rate is a derived comparison figure, not a separate legal rate.

When will we know for sure if €970 becomes law?

The final budget vote is on 24 November 2026. The separate decree-law that formally sets the 2027 minimum wage usually follows in December — in 2025 the government approved the €920 rate for 2026 on 17 December. Watch the Diário da República (Portugal's official gazette) for the decree; this page will be updated when it is published.

What comes after €970 in Portugal's minimum wage plan?

The October 2024 tripartite agreement on wage growth provides for €50 rises each year, reaching €1,020 in 2028. After the May 2025 general election, the government also set a target of €1,100 gross a month by 2029. Both are targets, not law — each year's rate is set separately.

What official sources are the 2027 Portugal minimum wage figures based on?

The €970 figure is the government's announced target in the proposed 2027 State Budget (Proposta de Lei 110/XVII/2.ª, delivered to Parliament on 8 October 2026) and the October 2024 Social Concertation agreement on wage growth. The current €920 rate is law under Decree-Law 139/2025. The budget's final overall vote is scheduled for 24 November 2026; the formal 2027 minimum-wage decree-law has not yet been published.

Related tools