Portuguese with highest increase in real income

According to the OECD, this increase is "promoted mainly by the remuneration of workers and by a reduction in pay taxes". Australia recorded the largest decline (-1.8%).

This Wednesday, the National Statistics Institute released new data on the evolution of the Labor Cost Index in the first quarter. What conclusions can we draw based on the numbers? Listen to the new episode of Economy Day by Day, Expresso's daily podcast, hosted by Juliana Simões

Portugal: Families see greatest increase in real income in OECD in 2024

The real per capita income of Portuguese households rose the most in 2024 among the countries of the Organisation for Economic Co-operation and Development (OECD), up 6.7% compared to 2023. According to data released by the OECD on Tuesday, last year, all countries in the organisation for which data was available – except Finland and Australia – recorded growth in real per capita income, with Portugal standing out with the largest increase of 6.…

Portuguese with highest increase in real income

The real per capita income of Portuguese families was the one that increased the most in 2024 among the countries of the Organisation for Economic Co-operation and Development (OECD), rising 6.7% compared to 2023.

The income of the Portuguese families increased almost four times more than the OECD average. increased wages and tax reductions, as well as inflation widening, explain growth