Economy, jobs and prices in Oeste e Vale do Tejo, Portugal: official figures
GDP per person was 25,800 purchasing power standards (PPS) in 2024, 65% of the EU average; 8th highest of 9 regions in Portugal. PPS adjust for price differences between countries.
How big is the economy of Oeste e Vale do Tejo?
The regional economy produced €18.2 billion of output (GDP at market prices) in 2024, 6.3% of Portugal's GDP.
Source: Eurostat · saved copyWhat is the unemployment rate in Oeste e Vale do Tejo?
The unemployment rate (age 15 to 74) was 5.2% in 2025, against 6.0% for Portugal and 6.0% across the EU; 7th highest of 9 regions in Portugal.
Source: Eurostat · saved copyWhat is youth unemployment in Oeste e Vale do Tejo?
Youth unemployment (age 15 to 24) was 19.8% in 2025, against 19.5% for Portugal; 3rd highest of 6 regions in Portugal.
Source: Eurostat · saved copyHow much does Oeste e Vale do Tejo spend on research and development?
Spending on research and development came to 0.87% of GDP in 2024 (1.73% nationally).
Source: Eurostat · saved copyWhat is the average salary in Oeste e Vale do Tejo?
Employees in Oeste e Vale do Tejo earned an average of €1,250 a month (gross, all pay included) in 2023, below the national figure of €1,461; that is 2nd lowest of 9 among Portugal’s regions.
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copyWhat is the gender pay gap in Oeste e Vale do Tejo?
In 2023 women employed in Oeste e Vale do Tejo faced a 7.9% 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 Oeste e Vale do Tejo?
Gross income declared for personal income tax (IRS) in Oeste e Vale do Tejo came to €10,845 per inhabitant in 2023, below the national figure of €11,909 and the lowest of 9 among Portugal’s regions.
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copyWhat is the median household income in Oeste e Vale do Tejo?
The median gross declared income of a tax household in Oeste e Vale do Tejo was €14,290 in 2023, below the national figure of €14,660.
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copyHow important is tourism in Oeste e Vale do Tejo?
Tourist accommodation in Oeste e Vale do Tejo offered 33.4 bed places per 1,000 residents in 2024 (national: 46.0), and 46.9% of guests came from abroad (61.4% nationally).
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copyHow many people in Oeste e Vale do Tejo are long-term unemployed?
In 2025, 1.9% of the labour force in Oeste e Vale do Tejo had been unemployed for 12 months or more, compared with 2.2% nationally and 1.9% in the EU; 3rd lowest of 7 regions in Portugal. In 2019 it was 1.7%.
Source: Eurostat · saved copyWhat is the unemployment rate for women in Oeste e Vale do Tejo?
The unemployment rate for women in Oeste e Vale do Tejo was 5.8% in 2025, compared with 6.5% nationally and 6.2% in the EU; 4th lowest of 8 regions in Portugal. In 2019 it was 7.1%.
Source: Eurostat · saved copyHow many women in Oeste e Vale do Tejo are in work?
75.2% of women aged 20 to 64 were in work in 2025, compared with 77.0% nationally and 71.3% in the EU; 4th lowest of 9 regions in Portugal. In 2019 it was 72.3%.
Source: Eurostat · saved copyIs the economy of Oeste e Vale do Tejo growing?
In real terms the economy of Oeste e Vale do Tejo grew by 2.1% in 2024 (gross value added), compared with 2.0% nationally; 3rd highest of 9 regions in Portugal. In 2014 it was 0.3%.
Source: Eurostat · saved copyWhat is the average salary in Oeste e Vale do Tejo?
Average compensation per employee (pay plus employer social contributions) was €13,178 in 2023, against €14,784 across Portugal; 2nd lowest of 9 regions in Portugal.
Source: Eurostat · saved copyHow many tourists visit Oeste e Vale do Tejo?
Visitors spent 4.2 million nights in tourist accommodation in 2025, 47% of them by visitors from abroad.
Source: Eurostat · saved copyWhat is the main industry in Oeste e Vale do Tejo?
The largest part of the economy of Oeste e Vale do Tejo in 2024 was trade, transport, hospitality and communications, at 27.7% of gross value added, followed by industry (manufacturing, mining and energy) (21.0%).
Source: Eurostat · saved copyHow industrial is Oeste e Vale do Tejo?
Factories, mines and energy produced 21.0% of the value added in Oeste e Vale do Tejo in 2024, against 16.4% for Portugal.
Source: Eurostat · saved copyHow fast is the economy of Oeste e Vale do Tejo growing?
Gross value added rose from €10.2 billion in 2015 to €15.9 billion in 2024 in current prices, an increase of 55% before inflation.
Source: Eurostat · saved copyAre jobs growing in Oeste e Vale do Tejo?
The number of people working in Oeste e Vale do Tejo rose by 4.7% between 2015 and 2024, to 353,140.
Source: Eurostat · saved copyMore figures
- 16.0% of employees in Oeste e Vale do Tejo held a higher-education degree in 2023, below the national figure of 25.8% (2nd lowest of 9 among Portugal’s regions). Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
- 20.9% of employees in Oeste e Vale do Tejo 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 Oeste e Vale do Tejo in 2023 were €1,224 in services and €1,319 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 10.9% of gross declared income in Oeste e Vale do Tejo in 2023 (12.9% nationally), 3rd lowest of 9 among Portugal’s regions. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
- Goods exports by firms based in Oeste e Vale do Tejo were equal to 22.5% of the area’s GDP in 2024 (export intensity; national 27.3%), 5th highest of 9 among Portugal’s regions. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
- Exports covered 78.5% of imports for traders based in Oeste e Vale do Tejo in 2024, above the national figure of 73.6%. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
How Oeste e Vale do Tejo compares with other regions
Mean gross monthly earnings of employees (€) (2023)
Oeste e Vale do Tejo ranks 8 of 9, highest first.
| Rank | Region | Mean gross monthly earnings of employees (€) |
|---|---|---|
| 3 | Norte | €1,349 |
| 4 | Alentejo | €1,326 |
| 5 | Região Autónoma da Madeira | €1,324 |
| 6 | Região Autónoma dos Açores | €1,315 |
| 7 | Centro (PT) | €1,306 |
| 8 | Oeste e Vale do Tejo | €1,250 |
| 9 | Algarve | €1,239 |
Gross income declared for IRS per inhabitant (€) (2023)
Oeste e Vale do Tejo ranks 9 of 9, highest first.
| Rank | Region | Gross income declared for IRS per inhabitant (€) |
|---|---|---|
| 3 | Algarve | €11,403 |
| 4 | Região Autónoma dos Açores | €11,211 |
| 5 | Centro (PT) | €11,167 |
| 6 | Alentejo | €11,116 |
| 7 | Região Autónoma da Madeira | €10,900 |
| 8 | Norte | €10,872 |
| 9 | Oeste e Vale do Tejo | €10,845 |
Median gross declared income per tax household (€) (2023)
Oeste e Vale do Tejo ranks 6 of 9, highest first.
| Rank | Region | Median gross declared income per tax household (€) |
|---|---|---|
| 3 | Centro (PT) | €14,910 |
| 4 | Região Autónoma dos Açores | €14,508 |
| 5 | Região Autónoma da Madeira | €14,346 |
| 6 | Oeste e Vale do Tejo | €14,290 |
| 7 | Norte | €14,118 |
| 8 | Alentejo | €13,912 |
| 9 | Algarve | €13,109 |
Gender disparity in mean monthly earnings (%) (2023)
Oeste e Vale do Tejo ranks 6 of 9, highest first.
| Rank | Region | Gender disparity in mean monthly earnings (%) |
|---|---|---|
| 3 | Alentejo | 10.1% |
| 4 | Grande Lisboa | 8.4% |
| 5 | Norte | 8.1% |
| 6 | Oeste e Vale do Tejo | 7.9% |
| 7 | Região Autónoma dos Açores | 7.5% |
| 8 | Região Autónoma da Madeira | 5.3% |
| 9 | Algarve | 5.0% |
Long-term unemployment (% of labour force) (2025)
Oeste e Vale do Tejo ranks 5 of 7, highest first.
| Rank | Region | Long-term unemployment (% of labour force) |
|---|---|---|
| 1 | Península de Setúbal | 3.1% |
| 2 | Norte | 2.6% |
| 3 | Alentejo | 2.4% |
| 4 | Grande Lisboa | 2.1% |
| 5 | Oeste e Vale do Tejo | 1.9% |
| 6 | Centro (PT) | 1.5% |
| 7 | Algarve | 1.4% |
Unemployment rate, women (2025)
Oeste e Vale do Tejo ranks 5 of 8, highest first.
| Rank | Region | Unemployment rate, women |
|---|---|---|
| 2 | Norte | 7.2% |
| 3 | Grande Lisboa | 6.3% |
| 4 | Região Autónoma da Madeira | 6.3% |
| 5 | Oeste e Vale do Tejo | 5.8% |
| 6 | Centro (PT) | 5.7% |
| 7 | Algarve | 5.6% |
| 8 | Alentejo | 5.6% |
Employment rate, women aged 20-64 (2025)
Oeste e Vale do Tejo ranks 6 of 9, highest first.
| Rank | Region | Employment rate, women aged 20-64 |
|---|---|---|
| 3 | Alentejo | 78.7% |
| 4 | Centro (PT) | 78.0% |
| 5 | Península de Setúbal | 77.2% |
| 6 | Oeste e Vale do Tejo | 75.2% |
| 7 | Norte | 74.7% |
| 8 | Região Autónoma da Madeira | 74.4% |
| 9 | Região Autónoma dos Açores | 73.9% |
Real growth in gross value added (2024)
Oeste e Vale do Tejo ranks 3 of 9, highest first.
| Rank | Region | Real growth in gross value added |
|---|---|---|
| 1 | Região Autónoma dos Açores | 2.2% |
| 2 | Norte | 2.1% |
| 3 | Oeste e Vale do Tejo | 2.1% |
| 4 | Algarve | 2.1% |
| 5 | Grande Lisboa | 2.0% |
| 6 | Península de Setúbal | 2.0% |
| 7 | Centro (PT) | 1.9% |
Compensation per employee (euros) (2023)
Oeste e Vale do Tejo ranks 8 of 9, highest first.
| Rank | Region | Compensation per employee (euros) |
|---|---|---|
| 3 | Península de Setúbal | €14,279 |
| 4 | Região Autónoma dos Açores | €14,038 |
| 5 | Centro (PT) | €13,812 |
| 6 | Norte | €13,632 |
| 7 | Alentejo | €13,214 |
| 8 | Oeste e Vale do Tejo | €13,178 |
| 9 | Algarve | €13,035 |
Nights spent in tourist accommodation (2025)
Oeste e Vale do Tejo ranks 7 of 9, highest first.
| Rank | Region | Nights spent in tourist accommodation |
|---|---|---|
| 3 | Norte | 15.8 million |
| 4 | Região Autónoma da Madeira | 10.0 million |
| 5 | Centro (PT) | 6.3 million |
| 6 | Alentejo | 4.6 million |
| 7 | Oeste e Vale do Tejo | 4.2 million |
| 8 | Região Autónoma dos Açores | 3.1 million |
| 9 | Península de Setúbal | 2.4 million |
Share of output from industry (manufacturing, mining and energy) (2024)
Oeste e Vale do Tejo ranks 3 of 9, highest first.
| Rank | Region | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 1 | Centro (PT) | 26.9% |
| 2 | Norte | 23.8% |
| 3 | Oeste e Vale do Tejo | 21.0% |
| 4 | Alentejo | 20.3% |
| 5 | Península de Setúbal | 16.3% |
| 6 | Região Autónoma dos Açores | 7.9% |
| 7 | Grande Lisboa | 6.8% |
Share of output from finance, property and business services (2024)
Oeste e Vale do Tejo ranks 6 of 9, highest first.
| Rank | Region | Share of output from finance, property and business services |
|---|---|---|
| 3 | Algarve | 25.2% |
| 4 | Norte | 24.0% |
| 5 | Região Autónoma da Madeira | 21.1% |
| 6 | Oeste e Vale do Tejo | 20.1% |
| 7 | Centro (PT) | 19.7% |
| 8 | Região Autónoma dos Açores | 18.1% |
| 9 | Alentejo | 17.7% |
Share of output from public administration, education, health and other services (2024)
Oeste e Vale do Tejo ranks 8 of 9, highest first.
| Rank | Region | Share of output from public administration, education, health and other services |
|---|---|---|
| 3 | Península de Setúbal | 24.4% |
| 4 | Alentejo | 24.1% |
| 5 | Centro (PT) | 22.3% |
| 6 | Grande Lisboa | 20.2% |
| 7 | Norte | 19.9% |
| 8 | Oeste e Vale do Tejo | 19.4% |
| 9 | Algarve | 18.5% |
More on Oeste e Vale do Tejo: overview · health · education and schools · poverty and living standards · government budget · government and politics · Portugal
Sources
- Eurostat: Eurostat dataset nama_10r_2gdp: GDP per person (purchasing power standards), read 23 October 2026 · saved copy (SHA-256 c21f724d14a6…)
- Eurostat: Eurostat dataset nama_10r_2gdp: GDP per person (euros), read 23 October 2026 · saved copy (SHA-256 537f99167955…)
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- Eurostat: Eurostat dataset lfst_r_lfe2emprt: Employment rate (age 20-64), read 23 October 2026 · saved copy (SHA-256 03191283bf5f…)
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- Eurostat: Eurostat dataset tour_occ_nin2: Nights spent at tourist accommodation establishments by NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 06f6a82909c0…)
- Eurostat: Eurostat dataset lfst_r_lfu2ltu: Long-term unemployment (12 months and more) by NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 3d5d17a32863…)
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