Economy, jobs and prices in Região Autónoma da Madeira, Portugal: official figures

GDP per person was 35,300 purchasing power standards (PPS) in 2024, 88% of the EU average; 3rd highest of 9 regions in Portugal. PPS adjust for price differences between countries.

More figures

• 17.1% of employees in Madeira held a higher-education degree in 2023, below the national figure of 25.8% (4th lowest of 9 among Portugal’s regions). Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
• 30.9% of employees in Madeira 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 Madeira in 2023 were €1,323 in services and €1,337 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 9.2% of gross declared income in Madeira in 2023 (12.9% nationally), 2nd lowest of 9 among Portugal’s regions. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
• Goods exports by firms based in Madeira were equal to 4.9% of the area’s GDP in 2024 (export intensity; national 27.3%), 3rd lowest of 9 among Portugal’s regions. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
• Exports covered 122.0% of imports for traders based in Madeira in 2024, above the national figure of 73.6%. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy

How Região Autónoma da Madeira compares with other regions

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

Região Autónoma da Madeira ranks 5 of 9, highest first.

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

Região Autónoma da Madeira ranks 7 of 9, highest first.

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

Região Autónoma da Madeira ranks 5 of 9, highest first.

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

Região Autónoma da Madeira ranks 8 of 9, highest first.

Unemployment rate, women (2025)

Região Autónoma da Madeira ranks 4 of 8, highest first.

Employment rate, women aged 20-64 (2025)

Região Autónoma da Madeira ranks 8 of 9, highest first.

Real growth in gross value added (2024)

Região Autónoma da Madeira ranks 8 of 9, highest first.

Compensation per employee (euros) (2023)

Região Autónoma da Madeira ranks 2 of 9, highest first.

Nights spent in tourist accommodation (2025)

Região Autónoma da Madeira ranks 4 of 9, highest first.

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

Região Autónoma da Madeira ranks 8 of 9, highest first.

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

Região Autónoma da Madeira ranks 5 of 9, highest first.

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

Região Autónoma da Madeira ranks 2 of 9, highest first.

More on Região Autónoma da Madeira: 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…)
• Eurostat: Eurostat dataset nama_10r_2gdp: GDP (million euros), read 23 October 2026 · saved copy (SHA-256 e3677c4e6d67…)
• Eurostat: Eurostat dataset lfst_r_lfu3rt: Unemployment rate (age 15-74), read 23 October 2026 · saved copy (SHA-256 13f5037ce93a…)
• Eurostat: Eurostat dataset lfst_r_lfe2emprt: Employment rate (age 20-64), read 23 October 2026 · saved copy (SHA-256 03191283bf5f…)
• Eurostat: Eurostat dataset rd_e_gerdreg: Research and development spending (% of GDP), read 23 October 2026 · saved copy (SHA-256 36a9132b2284…)
• Eurostat: Eurostat dataset lfst_r_lfu3rt: Unemployment rates by sex, age, educational attainment level and NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 ac151d8a46d5…)
• 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…)
• Eurostat: Eurostat dataset lfst_r_lfe2emprt: Employment rates by sex, age and NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 51bfca80dc8b…)
• Eurostat: Eurostat dataset nama_10r_2gvagr: Real growth rate of regional gross value added (GVA) at basic prices by NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 ba2c4bdc7c37…)
• 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…)
• Eurostat: Eurostat dataset nama_10r_2coe: Compensation of employees by NUTS 2 region and industry, read 23 October 2026 · saved copy (SHA-256 895d7cc9e826…)
• 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…)

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