Economy, jobs and prices in Cávado (Norte, Portugal): official figures
GDP per person was 28,000 purchasing power standards (PPS) in 2024, 70% of the EU average (82% for Portugal); 12th highest of 26 intermunicipal communities in Portugal.
How big is the economy of Cávado?
The local economy produced €9.9 billion of output (GDP) in 2024.
Source: Eurostat · saved copyHow many people work in Cávado?
About 212,550 people worked in Cávado in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the average salary in The Cávado?
The mean gross monthly earnings of employees working in the Cávado were €1,276 in 2023, 11th highest of 26 among Portugal’s NUTS 3 sub-regions and below the national figure of €1,461.
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copyWhat is the gender pay gap in The Cávado?
In 2023 women employed in the Cávado faced a 7.5% disparity in mean monthly earnings by sex, compared with 8.3% across Portugal.
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copyWhat is the average income in The Cávado?
Gross income declared for personal income tax (IRS) in the Cávado came to €10,828 per inhabitant in 2023, below the national figure of €11,909 and 13th lowest of 26 among Portugal’s NUTS 3 sub-regions.
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copyWhat is the median household income in The Cávado?
The median gross declared income of a tax household in the Cávado was €14,514 in 2023, below the national figure of €14,660.
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copyHow important is tourism in The Cávado?
Tourist accommodation in the Cávado offered 21.4 bed places per 1,000 residents in 2024 (national: 46.0), and 41.1% of guests came from abroad (61.4% nationally).
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copyWhat is the main industry in Cávado?
The largest part of the economy of Cávado in 2023 was industry (manufacturing, mining and energy), at 24.3% of gross value added, followed by trade, transport, hospitality and communications (22.3%).
Source: Eurostat · saved copyHow industrial is Cávado?
Factories, mines and energy produced 24.3% of the value added in Cávado in 2023, against 16.6% for Portugal.
Source: Eurostat · saved copyHow fast is the economy of Cávado growing?
Gross value added rose from €5.0 billion in 2015 to €8.1 billion in 2023 in current prices, an increase of 61% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Cávado?
Of the 212,550 jobs located in Cávado in 2023, 24% in public services, education, health and other services, 25% in industry and 4.1% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Cávado?
The number of people working in Cávado rose by 14.8% between 2015 and 2023, to 212,550.
Source: Eurostat · saved copyMore figures
- 22.1% of employees in the Cávado held a higher-education degree in 2023, below the national figure of 25.8% (6th highest of 26 among Portugal’s NUTS 3 sub-regions). Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
- 20.4% of employees in the Cávado worked in establishments of firms with 250 or more staff in 2023, against 30.6% nationally. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
- Mean monthly earnings in the Cávado in 2023 were €1,307 in services and €1,249 in industry and construction; the national services figure was €1,507. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
- Personal income tax paid absorbed 11.4% of gross declared income in the Cávado in 2023 (12.9% nationally), 8th highest of 26 among Portugal’s NUTS 3 sub-regions. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
- Goods exports by firms based in the Cávado were equal to 33.5% of the area’s GDP in 2024 (export intensity; national 27.3%), 6th highest of 26 among Portugal’s NUTS 3 sub-regions. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
- Exports covered 123.8% of imports for traders based in the Cávado in 2024, above the national figure of 73.6%. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
How Cávado compares with other intermunicipal communities in Portugal
Mean gross monthly earnings of employees (€) (2023)
Cávado ranks 11 of 26, highest first.
| Rank | Area | Mean gross monthly earnings of employees (€) |
|---|---|---|
| 8 | Região Autónoma da Madeira | €1,324 |
| 9 | Região de Coimbra | €1,319 |
| 10 | Região Autónoma dos Açores | €1,315 |
| 11 | Cávado | €1,276 |
| 12 | Alentejo Central | €1,272 |
| 13 | Lezíria do Tejo | €1,261 |
| 14 | Médio Tejo | €1,259 |
Gross income declared for IRS per inhabitant (€) (2023)
Cávado ranks 14 of 26, highest first.
| Rank | Area | Gross income declared for IRS per inhabitant (€) |
|---|---|---|
| 11 | Região Autónoma da Madeira | €10,900 |
| 12 | Oeste | €10,887 |
| 13 | Lezíria do Tejo | €10,881 |
| 14 | Cávado | €10,828 |
| 15 | Médio Tejo | €10,728 |
| 16 | Alto Alentejo | €10,631 |
| 17 | Baixo Alentejo | €10,555 |
Median gross declared income per tax household (€) (2023)
Cávado ranks 9 of 26, highest first.
| Rank | Area | Median gross declared income per tax household (€) |
|---|---|---|
| 6 | Alentejo Central | €15,104 |
| 7 | Área Metropolitana do Porto | €14,949 |
| 8 | Médio Tejo | €14,540 |
| 9 | Cávado | €14,514 |
| 10 | Região Autónoma dos Açores | €14,508 |
| 11 | Viseu Dão Lafões | €14,396 |
| 12 | Região Autónoma da Madeira | €14,346 |
Gender disparity in mean monthly earnings (%) (2023)
Cávado ranks 16 of 26, highest first.
| Rank | Area | Gender disparity in mean monthly earnings (%) |
|---|---|---|
| 13 | Oeste | 8.2% |
| 14 | Viseu Dão Lafões | 8.0% |
| 15 | Beira Baixa | 7.6% |
| 16 | Cávado | 7.5% |
| 17 | Região Autónoma dos Açores | 7.5% |
| 18 | Alto Minho | 7.0% |
| 19 | Alto Tâmega e Barroso | 7.0% |
Share of output from industry (manufacturing, mining and energy) (2023)
Cávado ranks 7 of 21, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 4 | Alto Minho | 30.0% |
| 5 | Região de Leiria | 28.2% |
| 6 | Alentejo Litoral | 25.4% |
| 7 | Cávado | 24.3% |
| 8 | Baixo Alentejo | 24.1% |
| 9 | Beira Baixa | 23.9% |
| 10 | Viseu Dão Lafões | 23.7% |
Share of output from finance, property and business services (2023)
Cávado ranks 2 of 21, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 1 | Área Metropolitana do Porto | 28.0% |
| 2 | Cávado | 22.1% |
| 3 | Oeste | 21.3% |
| 4 | Alto Tâmega e Barroso | 21.2% |
| 5 | Região de Leiria | 21.0% |
| 6 | Região de Coimbra | 20.6% |
| 7 | Alto Minho | 20.2% |
Share of output from public administration, education, health and other services (2023)
Cávado ranks 13 of 21, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 10 | Viseu Dão Lafões | 22.8% |
| 11 | Baixo Alentejo | 22.2% |
| 12 | Alto Minho | 20.7% |
| 13 | Cávado | 19.7% |
| 14 | Área Metropolitana do Porto | 19.0% |
| 15 | Tâmega e Sousa | 18.3% |
| 16 | Lezíria do Tejo | 17.8% |
More on Cávado: overview · health · education and schools · poverty and living standards · government budget · government and politics · Norte · Portugal
Sources
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP per person, PPS (NUTS 3), read 23 October 2026 · saved copy (SHA-256 3bf0fc662f56…)
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP, million euros (NUTS 3), read 23 October 2026 · saved copy (SHA-256 096e15e5fdb3…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment, thousand people (NUTS 3), read 23 October 2026 · saved copy (SHA-256 664e4e3a6dc0…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment (thousand persons) by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 222a97c302d3…)
- Eurostat: Eurostat dataset nama_10r_3gva: Gross value added at basic prices by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 c656e8563bdf…)
- INE, Instituto Nacional de Estatistica (Statistics Portugal): Anuarios Estatisticos Regionais 2024 (Regional Statistical Yearbooks, 2025 release): all subchapter tables in XLSX by municipality, NUTS 3 and NUTS 2, read 24 October 2026 · saved copy (SHA-256 36f716bda712…)
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