Compensation of employees by NUTS 2 region in Algarve
Algarve: Compensation of employees by NUTS 2 region was 5,209 in 2023. ▲ Rising
Compensation of employees by NUTS 2 region in Algarve, 2000–2023
Source: Eurostat.
Analysis
Algarve recorded 5,209 for compensation of employees by nuts 2 region in 2023. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 14.2% on the previous year and up 87.9% over ten years.
Over the whole period, compensation of employees by nuts 2 region in Algarve peaked at 5,209 in 2023 and was at its lowest, 2,146, in 2000.
Algarve ranks 289th of 323 regions on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Compensation of employees by NUTS 2 region in Algarve, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2,146 | — |
| 2001 | 2,368 | +10.3% |
| 2002 | 2,501 | +5.6% |
| 2003 | 2,652 | +6.0% |
| 2004 | 2,774 | +4.6% |
| 2005 | 2,934 | +5.8% |
| 2006 | 3,052 | +4.0% |
| 2007 | 3,226 | +5.7% |
| 2008 | 3,364 | +4.3% |
| 2009 | 3,315 | -1.4% |
| 2010 | 3,216 | -3.0% |
| 2011 | 3,060 | -4.8% |
| 2012 | 2,781 | -9.1% |
| 2013 | 2,772 | -0.3% |
| 2014 | 2,822 | +1.8% |
| 2015 | 2,924 | +3.6% |
| 2016 | 3,125 | +6.9% |
| 2017 | 3,392 | +8.5% |
| 2018 | 3,692 | +8.8% |
| 2019 | 3,962 | +7.3% |
| 2020 | 3,681 | -7.1% |
| 2021 | 3,953 | +7.4% |
| 2022 | 4,560 | +15.4% |
| 2023 | 5,209 | +14.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,833 | 2,146 | 3,364 | 10 |
| 2010s | 3,175 | 2,772 | 3,962 | 10 |
| 2020s | 4,351 | 3,681 | 5,209 | 4 |
More work & labour data for Algarve
- Employment rates by educational attainment level, citizenship and 75 (2025)
- Labour force by educational attainment level and NUTS 2 region 258.4 (2025)
- Labour force participation rates by educational attainment level 79.7 (2025)
- Labour force participation rates by educational attainment level 79.7 (2025)
- Population in private households by citizenship, labour status and 371.3 (2025)
- Population in private households by country of birth, labour status 371.3 (2025)
- Employed persons by NUTS 2 region 243.8 (2025)
- Employed persons by job tenure and NUTS 2 region 243.8 (2025)
- Average actual weekly hours worked in the main job of persons who 37.4 (2025)
- Employed persons by educational attainment level and NUTS 2 region 243.8 (2025)
Frequently asked questions
- What is compensation of employees by nuts 2 region in Algarve?
- Compensation of employees by nuts 2 region in Algarve was 5,209 in 2023, according to Eurostat.
- What is the highest compensation of employees by nuts 2 region recorded in Algarve?
- The highest recorded value was 5,209 in 2023.
- What is the lowest compensation of employees by nuts 2 region recorded in Algarve?
- The lowest recorded value was 2,146 in 2000.
- How does Algarve rank for compensation of employees by nuts 2 region?
- Algarve ranks 289th out of 323 regions with data for 2023.
- Is compensation of employees by nuts 2 region rising or falling in Algarve?
- Over the last ten years it is up 87.9%. The long-run trend across the full record is rising.
- Where does this Algarve data come from?
- The figures come from Eurostat, published as part of Compensation of employees by NUTS 2 region. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Eurostat).