According to Pordata, Portugal was surpassed by Latvia on the list, which is led by Luxembourg and Denmark, with the highest incomes, according to an analysis released by the Francisco Manuel dos Santos Foundation’s statistical database on the occasion of the International Day for the Eradication of Poverty, celebrated today.
“In 2023, each taxpayer in Portugal declared, on average, a gross monthly income of 1,155 euros, after deducting personal income tax,” Pordata specified.
According to data from 2023 income tax returns, the Lisbon metropolitan region leads the rankings for highest average monthly income (€1,375), while the Tâmega e Sousa region has the lowest (€883).
The municipality with the highest average income is Oeiras (€1,637).
The at-risk-of-poverty rate in Portugal fell from 17% to 16.6% between 2022 and 2023, which equates to 1.8 million people living in families with a monthly income of less than €632 per adult.
Using data from the National Statistics Institute’s (INE) Living Conditions and Income Survey, Pordata notes that seniors are the age group with the highest at-risk-of-poverty rate, rising from 17.1% in 2022 to 21.1% in 2023.
One in five seniors either lives alone and has a gross income of less than 632 euros or lives in a poor household.
Single-parent families with children continue to be “those most vulnerable,” Pordata emphasizes.
Next are people living alone, whose at-risk-of-poverty rate increased by almost four percentage points (from 24.9% in 2022 to 28.6% in 2023).
Among the unemployed, 44% live in households with income below the threshold and “retirees saw the poverty risk rate increase from 15.4% in 2022 to 19.6% in 2023”, Pordata notes.