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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.

GDP per person (PPS)
25,800
2024
GDP per person (euros)
21,200
2024
GDP (million euros)
18,227
2024
Unemployment rate
5.2%
2025
Youth unemployment rate
19.8%
2025
Employment rate (20-64)
78.8%
2025
R&D spending (% of GDP)
0.87%
2024
Mean gross monthly earnings of employees
€1,250
2023

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 copy

What 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 copy

What 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 copy

What share of adults in Oeste e Vale do Tejo are in work?

The employment rate (age 20 to 64) was 78.8% in 2025, against 79.6% for Portugal and 76.1% across the EU; 6th highest of 9 regions in Portugal.

Source: Eurostat · saved copy

How 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 copy

What 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 copy

What 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 copy

What 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 copy

What 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 copy

How 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 copy

How 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 copy

What 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 copy

How 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 copy

Is 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 copy

What 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 copy

How 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 copy

What 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 copy

How 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 copy

How 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 copy

Are 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 copy

More figures

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.

RankRegionMean gross monthly earnings of employees (€)
3Norte€1,349
4Alentejo€1,326
5Região Autónoma da Madeira€1,324
6Região Autónoma dos Açores€1,315
7Centro (PT)€1,306
8Oeste e Vale do Tejo€1,250
9Algarve€1,239
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

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

Oeste e Vale do Tejo ranks 9 of 9, highest first.

RankRegionGross income declared for IRS per inhabitant (€)
3Algarve€11,403
4Região Autónoma dos Açores€11,211
5Centro (PT)€11,167
6Alentejo€11,116
7Região Autónoma da Madeira€10,900
8Norte€10,872
9Oeste e Vale do Tejo€10,845
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

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

Oeste e Vale do Tejo ranks 6 of 9, highest first.

RankRegionMedian gross declared income per tax household (€)
3Centro (PT)€14,910
4Região Autónoma dos Açores€14,508
5Região Autónoma da Madeira€14,346
6Oeste e Vale do Tejo€14,290
7Norte€14,118
8Alentejo€13,912
9Algarve€13,109
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

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

Oeste e Vale do Tejo ranks 6 of 9, highest first.

RankRegionGender disparity in mean monthly earnings (%)
3Alentejo10.1%
4Grande Lisboa8.4%
5Norte8.1%
6Oeste e Vale do Tejo7.9%
7Região Autónoma dos Açores7.5%
8Região Autónoma da Madeira5.3%
9Algarve5.0%
Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

Long-term unemployment (% of labour force) (2025)

Oeste e Vale do Tejo ranks 5 of 7, highest first.

RankRegionLong-term unemployment (% of labour force)
1Península de Setúbal3.1%
2Norte2.6%
3Alentejo2.4%
4Grande Lisboa2.1%
5Oeste e Vale do Tejo1.9%
6Centro (PT)1.5%
7Algarve1.4%
Source: Eurostat · saved copy

Unemployment rate, women (2025)

Oeste e Vale do Tejo ranks 5 of 8, highest first.

RankRegionUnemployment rate, women
2Norte7.2%
3Grande Lisboa6.3%
4Região Autónoma da Madeira6.3%
5Oeste e Vale do Tejo5.8%
6Centro (PT)5.7%
7Algarve5.6%
8Alentejo5.6%
Source: Eurostat · saved copy

Employment rate, women aged 20-64 (2025)

Oeste e Vale do Tejo ranks 6 of 9, highest first.

RankRegionEmployment rate, women aged 20-64
3Alentejo78.7%
4Centro (PT)78.0%
5Península de Setúbal77.2%
6Oeste e Vale do Tejo75.2%
7Norte74.7%
8Região Autónoma da Madeira74.4%
9Região Autónoma dos Açores73.9%
Source: Eurostat · saved copy

Real growth in gross value added (2024)

Oeste e Vale do Tejo ranks 3 of 9, highest first.

RankRegionReal growth in gross value added
1Região Autónoma dos Açores2.2%
2Norte2.1%
3Oeste e Vale do Tejo2.1%
4Algarve2.1%
5Grande Lisboa2.0%
6Península de Setúbal2.0%
7Centro (PT)1.9%
Source: Eurostat · saved copy

Compensation per employee (euros) (2023)

Oeste e Vale do Tejo ranks 8 of 9, highest first.

RankRegionCompensation per employee (euros)
3Península de Setúbal€14,279
4Região Autónoma dos Açores€14,038
5Centro (PT)€13,812
6Norte€13,632
7Alentejo€13,214
8Oeste e Vale do Tejo€13,178
9Algarve€13,035
Source: Eurostat · saved copy

Nights spent in tourist accommodation (2025)

Oeste e Vale do Tejo ranks 7 of 9, highest first.

RankRegionNights spent in tourist accommodation
3Norte15.8 million
4Região Autónoma da Madeira10.0 million
5Centro (PT)6.3 million
6Alentejo4.6 million
7Oeste e Vale do Tejo4.2 million
8Região Autónoma dos Açores3.1 million
9Península de Setúbal2.4 million
Source: Eurostat · saved copy

Share of output from industry (manufacturing, mining and energy) (2024)

Oeste e Vale do Tejo ranks 3 of 9, highest first.

RankRegionShare of output from industry (manufacturing, mining and energy)
1Centro (PT)26.9%
2Norte23.8%
3Oeste e Vale do Tejo21.0%
4Alentejo20.3%
5Península de Setúbal16.3%
6Região Autónoma dos Açores7.9%
7Grande Lisboa6.8%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2024)

Oeste e Vale do Tejo ranks 6 of 9, highest first.

RankRegionShare of output from finance, property and business services
3Algarve25.2%
4Norte24.0%
5Região Autónoma da Madeira21.1%
6Oeste e Vale do Tejo20.1%
7Centro (PT)19.7%
8Região Autónoma dos Açores18.1%
9Alentejo17.7%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2024)

Oeste e Vale do Tejo ranks 8 of 9, highest first.

RankRegionShare of output from public administration, education, health and other services
3Península de Setúbal24.4%
4Alentejo24.1%
5Centro (PT)22.3%
6Grande Lisboa20.2%
7Norte19.9%
8Oeste e Vale do Tejo19.4%
9Algarve18.5%
Source: Eurostat · saved copy

More on Oeste e Vale do Tejo: overview · health · education and schools · poverty and living standards · government budget · government and politics · Portugal

Sources

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