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Economy, jobs and prices in Porto, Portugal: official figures

Employees in the municipality of Porto earned an average of €1,761 a month (gross, all pay included) in 2023, above the national figure of €1,461; that is 2nd highest of 10 among the cities profiled here.

Mean gross monthly earnings of employees
€1,761
2023
Gross declared income per inhabitant (IRS)
€15,653
2023
Unemployment rate
10.9%
2021

What is the gender pay gap in Porto?

The gender gap in mean monthly earnings in the municipality of Porto was 12.7% in 2023 (national: 8.3%), the widest of 10 among the cities profiled here.

Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

What is the average income in Porto?

In 2023 residents of the municipality of Porto declared €15,653 of gross income per inhabitant to the tax authority, 2nd highest of 10 among the cities profiled here (above the national figure of €11,909).

Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

What is the median household income in Porto?

The median gross declared income of a tax household in the municipality of Porto was €15,000 in 2023, above the national figure of €14,660.

Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

How important is tourism in Porto?

Tourist accommodation in the municipality of Porto offered 122.1 bed places per 1,000 residents in 2024 (national: 46.0), and 80.8% of guests came from abroad (61.4% nationally).

Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

What is the unemployment rate in Porto?

The unemployment rate in Porto was 10.9% in 2021 (11.9% for women, 9.9% for men).

Source: Eurostat · saved copy

What are the main jobs in Porto?

159,548 jobs were based in Porto in 2023; the biggest employers were trade, transport, hotels and restaurants (100% of jobs) and professional, scientific and administrative services (77%).

Source: Eurostat · saved copy

How many tourists visit Porto?

Tourist accommodation in Porto recorded 1,861,226 nights in 2020, 57% by visitors from abroad.

Source: Eurostat · saved copy

More figures

How Porto compares with other cities in Portugal

Mean gross monthly earnings of employees (€) (2023)

Porto ranks 2 of 10, highest first.

RankCityMean gross monthly earnings of employees (€)
1Lisboa€1,986
2Porto€1,761
3Vila Franca de Xira€1,475
4Sintra€1,440
5Setubal€1,429
6Coimbra€1,419
7Braga€1,391
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

Gross income declared for IRS per inhabitant (€) (2023)

Porto ranks 2 of 10, highest first.

RankCityGross income declared for IRS per inhabitant (€)
1Lisboa€18,822
2Porto€15,653
3Coimbra€15,145
4Setubal€13,228
5Funchal€13,119
6Vila Franca de Xira€12,713
7Braga€12,260
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

Median gross declared income per tax household (€) (2023)

Porto ranks 8 of 10, highest first.

RankCityMedian gross declared income per tax household (€)
4Setubal€16,016
5Braga€15,929
6Viseu€15,926
7Funchal€15,321
8Porto€15,000
9Sintra€14,693
10Guimarães€14,358
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

Gender disparity in mean monthly earnings (%) (2023)

Porto ranks 1 of 10, highest first.

RankCityGender disparity in mean monthly earnings (%)
1Porto12.7%
2Setubal12.6%
3Lisboa10.6%
4Coimbra10.2%
5Braga8.1%
6Vila Franca de Xira7.1%
7Sintra5.6%
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

Unemployment rate (2021)

Porto ranks 2 of 10, highest first.

RankCityUnemployment rate
1Funchal12.1%
2Porto10.9%
3Setubal9.1%
4Sintra9.1%
5Lisboa8.8%
6Vila Franca de Xira7.8%
7Braga7.6%
Source: Eurostat · saved copy

Tourist nights (2020)

Porto ranks 2 of 10, highest first.

RankCityTourist nights
1Lisboa4,425,742
2Porto1,861,226
3Funchal1,611,736
4Braga263,609
5Coimbra253,373
6Sintra247,778
7Setubal193,232
Source: Eurostat · saved copy

More on Porto: overview · health · education and schools · poverty and living standards · government budget · government and politics · all cities in Portugal

Sources

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