Compensation of employees by NUTS 2 region in Região Autónoma da Madeira

Região Autónoma da Madeira: Compensation of employees by NUTS 2 region was 2,870 in 2023. ▲ Rising

Latest (2023)
2,870
Change on year
up 11.9%
Rank
306th
of 323 regions
All-time high
2,870
in 2023
All-time low
1,421
in 2000
Years of data
24
2000–2023

Compensation of employees by NUTS 2 region in Região Autónoma da Madeira, 2000–2023

01.0k2.0k3.0k2000201120232000: 1.4k2001: 1.5k2002: 1.6k2003: 1.8k2004: 1.9k2005: 2.0k2006: 2.1k2007: 2.1k2008: 2.2k2009: 2.2k2010: 2.1k2011: 2.0k2012: 1.8k2013: 1.8k2014: 1.8k2015: 1.8k2016: 1.9k2017: 2.0k2018: 2.1k2019: 2.2k2020: 2.1k2021: 2.3k2022: 2.6k2023: 2.9k

Source: Eurostat.

Analysis

In 2023, compensation of employees by nuts 2 region in Região Autónoma da Madeira stood at 2,870. That is the highest value across all 24 years on record.

Compared with earlier readings it is up 11.9% on the previous year and up 60.5% over ten years.

Over the whole period, compensation of employees by nuts 2 region in Região Autónoma da Madeira peaked at 2,870 in 2023 and was at its lowest, 1,421, in 2000.

That places Região Autónoma da Madeira 306th out of 323 regions with data for 2023, putting it 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 Região Autónoma da Madeira, year by year

Annual values for Compensation of employees by NUTS 2 region in Região Autónoma da Madeira, 2000 to 2023.
Year Value Change
2000 1,421
2001 1,518 +6.8%
2002 1,631 +7.5%
2003 1,758 +7.8%
2004 1,890 +7.5%
2005 1,974 +4.5%
2006 2,078 +5.3%
2007 2,110 +1.6%
2008 2,219 +5.1%
2009 2,228 +0.4%
2010 2,142 -3.9%
2011 2,013 -6.0%
2012 1,800 -10.6%
2013 1,788 -0.7%
2014 1,772 -0.9%
2015 1,808 +2.0%
2016 1,872 +3.5%
2017 1,958 +4.6%
2018 2,061 +5.2%
2019 2,170 +5.3%
2020 2,140 -1.4%
2021 2,314 +8.1%
2022 2,564 +10.8%
2023 2,870 +11.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,883 1,421 2,228 10
2010s 1,938 1,772 2,170 10
2020s 2,472 2,140 2,870 4

More work & labour data for Região Autónoma da Madeira

All data for Região Autónoma da Madeira →

Frequently asked questions

What is compensation of employees by nuts 2 region in Região Autónoma da Madeira?
Compensation of employees by nuts 2 region in Região Autónoma da Madeira was 2,870 in 2023, according to Eurostat.
What is the highest compensation of employees by nuts 2 region recorded in Região Autónoma da Madeira?
The highest recorded value was 2,870 in 2023.
What is the lowest compensation of employees by nuts 2 region recorded in Região Autónoma da Madeira?
The lowest recorded value was 1,421 in 2000.
How does Região Autónoma da Madeira rank for compensation of employees by nuts 2 region?
Região Autónoma da Madeira ranks 306th out of 323 regions with data for 2023.
Is compensation of employees by nuts 2 region rising or falling in Região Autónoma da Madeira?
Over the last ten years it is up 60.5%. The long-run trend across the full record is rising.
Where does this Região Autónoma da Madeira 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.

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Compensation of employees by NUTS 2 region in Região Autónoma da Madeira. Statizoid, drawing on Eurostat. Retrieved 03 September 2026, from https://labour.statizoid.com/stat/compensation-of-employees-by-nuts-2-region/regiao-autonoma-da-madeira/

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About this data

Indicator
Compensation of employees by NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
365 places, 8,736 data points, 2000–2024
Last refreshed