Compensation per employee and hours worked per employed person by in Algarve
Algarve: Compensation per employee and hours worked per employed person by was 25,500 Euro in 2023. ▲ Rising
Compensation per employee and hours worked per employed person by in Algarve, 2000–2023
Source: Eurostat. Measured in Euro.
Analysis
Algarve recorded 25,500 Euro for compensation per employee and hours worked per employed person by in 2023. That is the highest value across all 24 years on record.
That represents a change of up 9.9% on the previous year and up 39.3% over ten years.
Over the whole period, compensation per employee and hours worked per employed person by in Algarve peaked at 25,500 Euro in 2023 and was at its lowest, 14,500 Euro, in 2000.
Algarve ranks 229th of 314 regions on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Compensation per employee and hours worked per employed person by in Algarve, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 14,500 Euro | — |
| 2001 | 15,200 Euro | +4.8% |
| 2002 | 15,700 Euro | +3.3% |
| 2003 | 16,000 Euro | +1.9% |
| 2004 | 16,200 Euro | +1.2% |
| 2005 | 16,900 Euro | +4.3% |
| 2006 | 17,300 Euro | +2.4% |
| 2007 | 18,100 Euro | +4.6% |
| 2008 | 18,500 Euro | +2.2% |
| 2009 | 19,000 Euro | +2.7% |
| 2010 | 19,000 Euro | +0.0% |
| 2011 | 18,500 Euro | -2.6% |
| 2012 | 17,900 Euro | -3.2% |
| 2013 | 18,300 Euro | +2.2% |
| 2014 | 17,900 Euro | -2.2% |
| 2015 | 17,900 Euro | +0.0% |
| 2016 | 18,300 Euro | +2.2% |
| 2017 | 18,800 Euro | +2.7% |
| 2018 | 19,700 Euro | +4.8% |
| 2019 | 20,800 Euro | +5.6% |
| 2020 | 20,700 Euro | -0.5% |
| 2021 | 22,000 Euro | +6.3% |
| 2022 | 23,200 Euro | +5.5% |
| 2023 | 25,500 Euro | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16,740 Euro | 14,500 Euro | 19,000 Euro | 10 |
| 2010s | 18,710 Euro | 17,900 Euro | 20,800 Euro | 10 |
| 2020s | 22,850 Euro | 20,700 Euro | 25,500 Euro | 4 |
More work & labour data for Algarve
- Employment rates by educational attainment level, citizenship and 75.0% (2025)
- Labour force by educational attainment level and NUTS 2 region 258.4 Thousand persons (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 Thousand persons (2025)
- Population in private households by country of birth, labour status 371.3 Thousand persons (2025)
- Employed persons by NUTS 2 region 243.8 Thousand persons (2025)
- Employed persons by job tenure and NUTS 2 region 243.8 Thousand persons (2025)
- Average actual weekly hours worked in the main job of persons who 37.4 Hour (2025)
- Employed persons by educational attainment level and NUTS 2 region 243.8 Thousand persons (2025)
Frequently asked questions
- What is compensation per employee and hours worked per employed person by in Algarve?
- Compensation per employee and hours worked per employed person by in Algarve was 25,500 Euro in 2023, according to Eurostat.
- What is the highest compensation per employee and hours worked per employed person by recorded in Algarve?
- The highest recorded value was 25,500 Euro in 2023.
- What is the lowest compensation per employee and hours worked per employed person by recorded in Algarve?
- The lowest recorded value was 14,500 Euro in 2000.
- How does Algarve rank for compensation per employee and hours worked per employed person by?
- Algarve ranks 229th out of 314 regions with data for 2023.
- Is compensation per employee and hours worked per employed person by rising or falling in Algarve?
- Over the last ten years it is up 39.3%. 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 per employee and hours worked per employed person by NUTS 2 region and by industry. Statizoid updates them automatically from the source API.
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