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Algarve - GDP per Capita

GDP per Capita in Algarve · 2024

Algarve

Latest value

· 2024

89 EU27 = 100

PT 82 · +7.0 EU27 = 100 vs country · Europe 98.7 · -9.7 EU27 = 100 vs Europe

Rank in country

2 / 9

Among 9 regions in Portugal

Rank in Europe

112 / 250

Among 250 European regions

Population

484,122

Regional population · 2024

Recent trend

What this indicator measures

Measures GDP per inhabitant after adjusting for differences in price levels between countries using purchasing power standards (PPS). The EU27 average is set to 100, so values above or below 100 indicate a level above or below the EU average for that year. The index is primarily intended for cross-country comparison and changes over time should not be interpreted as real GDP growth.

Higher values generally represent a more favorable situation.

How Algarve compares

Higher is better · Range 55–129

Algarve 89
Portugal 82
Europe 98.7
Portugal +7.0 EU27 = 100 Europe -9.7 EU27 = 100

Regional map

· 2024 · 9 regions

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Regional insights

Regional position

Algarve recorded 89 EU27 = 100 in 2024, a more favorable result than the national benchmark for Portugal but a less favorable one than the European regional benchmark.