# Portugal Average Hourly Earnings

Portugal Average Hourly Earnings was up 5.5% year on year in Q2 2026, compared with 5.8% in Q1 2026.
The level stood at 131.5 (Index 2020=100).
Among the 21 economies Makrognosis covers on this measure, it is the 6th highest.
Over the past ten years it has ranged from −5.6% (Q2 2021) to 16.2% (Q2 2020), averaging 4.2%.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `PT.AHE.Q.SA`
- Frequency: quarterly
- Units: Index 2020=100
- Coverage: 2001-01-01 to 2026-04-01 (102 observations)
- Page: https://makrognosis.robomacro.com/data/portugal/average-hourly-earnings

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 131.5 | 5.5 |
| Q1 2026 | 129.5 | 5.8 |
| Q4 2025 | 128.8 | 5.9 |
| Q3 2025 | 126.3 | 5.3 |
| Q2 2025 | 124.7 | 6.1 |
| Q1 2025 | 122.4 | 5.5 |
| Q4 2024 | 121.6 | 8.4 |
| Q3 2024 | 119.9 | 8.6 |
| Q2 2024 | 117.5 | 7.6 |
| Q1 2024 | 116.0 | 6.8 |
| Q4 2023 | 112.2 | 6.0 |
| Q3 2023 | 110.4 | 4.3 |
| Q2 2023 | 109.2 | 4.1 |
| Q1 2023 | 108.6 | 5.7 |
| Q4 2022 | 105.8 | 2.2 |
| Q3 2022 | 105.8 | 3.7 |
| Q2 2022 | 104.9 | 4.9 |
| Q1 2022 | 102.7 | 1.2 |
| Q4 2021 | 103.5 | 3.5 |
| Q3 2021 | 102.0 | 3.1 |
| Q2 2021 | 100.0 | −5.6 |
| Q1 2021 | 101.5 | 6.6 |
| Q4 2020 | 100.0 | 7.1 |
| Q3 2020 | 98.90 | 7.0 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/PT.AHE.Q.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PT.AHE.Q.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```