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

GDP per person was 35,300 purchasing power standards (PPS) in 2024, 88% of the EU average (82% for Portugal); 4th highest of 26 intermunicipal communities in Portugal.

More figures

• 17.1% of employees in the Madeira sub-region held a higher-education degree in 2023, below the national figure of 25.8% (10th lowest of 26 among Portugal’s NUTS 3 sub-regions). Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
• 30.9% of employees in the Madeira sub-region 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 Madeira sub-region 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 the Madeira sub-region in 2023 (12.9% nationally), 3rd lowest 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 Madeira sub-region were equal to 4.9% of the area’s GDP in 2024 (export intensity; national 27.3%), 4th lowest of 26 among Portugal’s NUTS 3 sub-regions. Source: INE, Instituto Nacional de Estatistica (Statistics Portugal) · saved copy
• Exports covered 122.0% of imports for traders based in the Madeira sub-region 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 intermunicipal communities in Portugal

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

Região Autónoma da Madeira ranks 8 of 26, highest first.

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

Região Autónoma da Madeira ranks 11 of 26, highest first.

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

Região Autónoma da Madeira ranks 12 of 26, highest first.

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

Região Autónoma da Madeira ranks 23 of 26, highest first.

More on Região Autónoma da Madeira: overview · health · education and schools · poverty and living standards · government budget · government and politics · Região Autónoma da Madeira · 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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