Compensation of employees in Portugal
Portugal: Compensation of employees was 22.98 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Portugal, 1978–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Portugal stood at 22.98 billion current LCU. That is the highest value across all 47 years on record.
That represents a change of up 8.4% on the previous year and up 41.7% over ten years.
Over the whole period, compensation of employees in Portugal peaked at 22.98 billion current LCU in 2024 and was at its lowest, 354.15 million current LCU, in 1978.
Portugal ranks 98th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 397.54 million current LCU | 354.15 million current LCU | 440.94 million current LCU | 2 |
| 1980s | 1.69 billion current LCU | 576.61 million current LCU | 4.27 billion current LCU | 10 |
| 1990s | 9.38 billion current LCU | 5.24 billion current LCU | 13.48 billion current LCU | 10 |
| 2000s | 17.96 billion current LCU | 15.01 billion current LCU | 19.55 billion current LCU | 10 |
| 2010s | 17.12 billion current LCU | 15.47 billion current LCU | 19.62 billion current LCU | 10 |
| 2020s | 20.50 billion current LCU | 18.72 billion current LCU | 22.98 billion current LCU | 5 |
Countries ranked near Portugal
More public sector data for Portugal
- Arms imports 61.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.3% (2024)
- Taxes on income, profits and capital gains 24.5% (2024)
- Taxes on goods and services 31.1% (2024)
- Net investment in nonfinancial assets 1.6% (2024)
- Net lending (+) / net borrowing (-) 0.4% (2024)
- Interest payments 5.4% (2024)
- Grants and other revenue 10.6% (2024)
- Interest payments 5.7% (2023)
- Other taxes 2.4% (2024)
Frequently asked questions
- What is compensation of employees in Portugal?
- Compensation of employees in Portugal was 22.98 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Portugal?
- The highest recorded value was 22.98 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Portugal?
- The lowest recorded value was 354.15 million current LCU in 1978.
- How does Portugal rank for compensation of employees?
- Portugal ranks 98th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Portugal?
- Over the last ten years it is up 41.7%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.