LUSA 12/18/2025

Lusa - Business News - Portugal: Greater Lisbon only region with purchasing power above EU average

Lisbon, Dec. 17, 2025 (Lusa) - Greater Lisbon is the only Portuguese region above the European Union (EU) average (100%) in terms of gross domestic product (GDP) per capita in purchasing power parities, standing at 128.9%, it was announced on Wednesday.

"In the context of the EU27, Greater Lisbon's GDP per capita in purchasing power parities once again exceeded the EU27 average, reaching 128.9%," according to the National Accounts of the National Statistics Institute (INE), released today.

As for the other regions, all except Alentejo (which remained at 77.1%) converged with the EU: the Algarve reached 89.2%, the Autonomous Region of Madeira 88.3%, the Autonomous Region of the Azores 72.5%, the Centre 70.7% and the North 70.8% "Despite also converging, the West and Tagus Valley (64.6%) and the Setúbal Peninsula (55.4%) continue to have the lowest GDP per capita levels compared to the European average," according to the INE document.

As for the disparity in GDP per capita at national level, based on a national average of 100, in 2024, according to provisional data, "Greater Lisbon continues to have the highest regional disparity index in terms of GDP per capita (156.5), although slightly lower than in 2023".

"This is followed by the Algarve (108.3) and the Autonomous Region of Madeira (107.2), with indices above those recorded in the previous year. The Setúbal Peninsula maintains the lowest GDP per capita disparity index of all regions (67.3), yet still slightly higher than in 2023," the document states.

According to INE, "in 2024, the results thus indicate a slight reduction in regional GDP per capita disparity compared to 2023, evidenced by the 0.2 p.p. increase in the Setúbal Peninsula index and the 0.4 p.p. reduction in the Greater Lisbon index, which contrasts with the worsening observed in the previous year".

Purchasing power in Portugal increased to 82.4% of the European average in 2024, 1.3 percentage points above 2023, maintaining the country in 15th position among the 20 countries in the eurozone and 18th in the European Union.

According to preliminary data released today by the National Statistics Institute (INE), between 2023 and 2024, Portugal's gross domestic product (GDP) per capita, expressed in purchasing power parities (PPPs), rose from 81.1% to 82.4% of the European Union (EU) average, while maintaining the country's position in the European rankings for these indicators.

Most regions of the country recorded real gross domestic product (GDP) growth similar to that of the country as a whole in 2024, with only Alentejo and Madeira recording substantially lower growth, it was announced today.

According to the Regional Accounts released today by the National Statistics Institute (INE), "it is estimated that Alentejo (1.1%) and the Autonomous Region of Madeira (1.5%) recorded the weakest performances" compared to the country's real growth, which stood at 2.1% in 2024.

"In the rest of the regions, the evolution was close to the national average, with the Centre matching the country, the West and Vale do Tejo, Greater Lisbon and the Setúbal Peninsula slightly exceeding (0.1 percentage points - p.p.) the national average", and the remaining regions (North, Algarve and Azores) showed "growth 0.2 p.p. higher than the country average".

 

 

 

 

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