Over the past decade, the average net wealth of Portugese households increased by approximately ** percent. As of 2020, households' mean net wealth totaled ***** thousand euros.

Over the past decade, the average net wealth of Portuguese households increased by approximately ** percent. As of 2020, real assets made up the biggest share of households net wealth, totaling *** thousand euros.

Key information about Portugal Household Income per Capita

• Portugal Annual Household Income per Capita reached 17,108.254 USD in Dec 2021, compared with the previous value of 15,671.838 USD in Dec 2020.
• Portugal Annual Household Income per Capita data is updated yearly, available from Dec 1995 to Dec 2021, with an averaged value of 13,658.451 USD.
• The data reached an all-time high of 17,194.610 USD in Dec 2008 and a record low of 8,054.405 USD in Dec 2000.
• In the latest reports, Retail Sales of Portugal grew 3.063 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from annual Household Income per Capita and converts it into USD. Statistics Portugal provides Average Household Income per Capita in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income covers Household Disposable Income only.

After a steep decline, starting in 2010 and culminating in the bottom value of 19,939 euros, average annual wages in Portugal increased to unprecedented figures. By 2021, the mean wage per year of work was 21,717 euros, despite the more than 200-euro drop that followed in 2022. By 2023, annual wages rose to 22,006 euros. The salary increase is not enough to tackle living expenses The surge in salaries is even more evident when considering minimum annual wages. Following a period of stagnation between 2011 and 2014, the Portuguese minimum annual salary has been on a hike, reaching 11,480 euros by 2024. This rise is relevant when considering the impact of growing inflation on the prices of goods and services, as it restores some purchasing power to workers. Nevertheless, 50 percent of Portuguese people stated, in 2023, that their professional income was mostly not enough to face up to living expenses. Youngsters and women struggle the most when it comes to unemployment and salary amounts The unemployment rate in the country was at six percent in the second quarter of 2024, having decreased from the previous quarter. People between 16 and 24 years of age were the most affected by unemployment, with shares of 22 percent in the same quarter. Women followed as the second most impacted by this social issue. The gender gap is also notorious when it comes to wages. In 2022, women’s average monthly salaries were over 13 percent lower than the salaries of their male counterparts, which impairs women in the tackling of the rising cost of living.

Portugal PT: GDP: Growth: Adjusted Net National Income data was reported at 3.098 % in 2016. This records an increase from the previous number of 2.178 % for 2015. Portugal PT: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 1.913 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 13.247 % in 1973 and a record low of -6.598 % in 1975. Portugal PT: GDP: Growth: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

Portugal PT: Net Investment in Nonfinancial Assets: % of GDP data was reported at 0.662 % in 2016. This records a decrease from the previous number of 1.276 % for 2015. Portugal PT: Net Investment in Nonfinancial Assets: % of GDP data is updated yearly, averaging 1.631 % from Dec 1975 (Median) to 2016, with 37 observations. The data reached an all-time high of 3.549 % in 2010 and a record low of 0.662 % in 2016. Portugal PT: Net Investment in Nonfinancial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank: Government Revenue, Expenditure and Finance. Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Weighted Average;

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

In 2022, the savings of households in Switzerland represented over ** percent of their disposable income. In contrast, households in South Africa and Italy amounted to *** and **** percent of their disposable income, respectively. Poland and Portugal had negative figures, which means that the final consumption of the households of that country was higher than their net disposable income.

Portugal PT: GDP: Growth: Adjusted Net National Income per Capita data was reported at 3.424 % in 2016. This records an increase from the previous number of 2.602 % for 2015. Portugal PT: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 1.756 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 13.212 % in 1973 and a record low of -10.081 % in 1975. Portugal PT: GDP: Growth: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

Regression results by country: Explanatory variable is Median Equivalised Net Income (MENI) PPP-adjusted.

Portugal PT: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data was reported at 18,508.374 USD in 2016. This records an increase from the previous number of 17,895.597 USD for 2015. Portugal PT: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 14,717.559 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 18,508.374 USD in 2016 and a record low of 6,968.337 USD in 1970. Portugal PT: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank.WDI: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

Portugal PT: Net Acquisition of Financial Assets: % of GDP data was reported at 2.478 % in 2016. This records an increase from the previous number of -2.535 % for 2015. Portugal PT: Net Acquisition of Financial Assets: % of GDP data is updated yearly, averaging 0.268 % from Dec 1990 (Median) to 2016, with 23 observations. The data reached an all-time high of 8.146 % in 2011 and a record low of -3.026 % in 2014. Portugal PT: Net Acquisition of Financial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank: Government Revenue, Expenditure and Finance. Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Weighted Average;

Portugal PT: Adjusted Net National Income per Capita: USD: 2015 Price data was reported at 16,300.755 USD in 2021. This records an increase from the previous number of 15,668.025 USD for 2020. Portugal PT: Adjusted Net National Income per Capita: USD: 2015 Price data is updated yearly, averaging 13,185.627 USD from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 17,234.302 USD in 2019 and a record low of 5,996.092 USD in 1970. Portugal PT: Adjusted Net National Income per Capita: USD: 2015 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank.WDI: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

Portugal PT: Standardised Price-Income Ratio: sa data was reported at 122.770 Ratio in Dec 2024. This records an increase from the previous number of 122.418 Ratio for Sep 2024. Portugal PT: Standardised Price-Income Ratio: sa data is updated quarterly, averaging 102.113 Ratio from Mar 1995 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 123.641 Ratio in Dec 2023 and a record low of 76.776 Ratio in Mar 2013. Portugal PT: Standardised Price-Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Portugal – Table PT.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

Portugal PT: GDP: Growth: GNI per Capita data was reported at 2.556 % in 2016. This records an increase from the previous number of 1.125 % for 2015. Portugal PT: GDP: Growth: GNI per Capita data is updated yearly, averaging 1.637 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 12.173 % in 1973 and a record low of -9.888 % in 1975. Portugal PT: GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Portugal PT: GDP: 2010 Price: USD: GNI per Capita data was reported at 21,948.650 USD in 2016. This records an increase from the previous number of 21,401.630 USD for 2015. Portugal PT: GDP: 2010 Price: USD: GNI per Capita data is updated yearly, averaging 17,444.839 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 22,092.442 USD in 2007 and a record low of 8,946.637 USD in 1970. Portugal PT: GDP: 2010 Price: USD: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank.WDI: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;