Data / GDP per capita / Algarve

GDP per capita in Algarve

GDP per capita in Algarve was €29,300 in 2024, according to Eurostat, European Commission. That is up 6.5% from 2023. That is the 3rd highest of 26 areas in 2024.

2024, EUR29,300 Provisional
Change on 2023+6.5%
Rank3rd of 26NUTS 3 areas of Portugal ranked
Series high29,3002024
Series low12,9002000

GDP per capita in Algarve, 2000 to 2024

CSVChart (SVG)

10K15K20K25K30K20002004200820122016202020242000: 12,900 EUR2001: 13,800 EUR2002: 14,500 EUR2003: 15,000 EUR2004: 15,400 EUR2005: 16,200 EUR2006: 17,000 EUR2007: 17,900 EUR2008: 18,100 EUR2009: 16,900 EUR2010: 16,900 EUR2011: 16,300 EUR2012: 15,900 EUR2013: 16,100 EUR2014: 16,600 EUR2015: 17,400 EUR2016: 18,700 EUR2017: 20,100 EUR2018: 21,100 EUR2019: 21,900 EUR2020: 18,000 EUR2021: 20,000 EUR2022: 25,300 EUR2023: 27,500 EUR2024: 29,300 EUR
EUR. Source: Eurostat. Retrieved 2026-10-08, published 2026-02-10.
All 25 values
PeriodEUR
202429,300 Provisional
202327,500
202225,300
202120,000
202018,000
201921,900
201821,100
201720,100
201618,700
201517,400
201416,600
201316,100
201215,900
201116,300
201016,900
200916,900
200818,100
200717,900
200617,000
200516,200
200415,400
200315,000
200214,500
200113,800
200012,900

Compared with Algarve and Portugal and European Union (27)

Place2024
Algarve29,300
Algarve29,300
Portugal27,220
European Union (27)40,110

Rankings

Definition

GDP at current market prices divided by population, EUR per inhabitant.

In euros, for Spain and the EU. For the United States, its states and counties, and for other countries and the World, in US dollars use gdp_per_capita_usd.

How to cite

Eurostat. GDP at current market prices by NUTS 3 region, EUR per inhabitant (nama_10r_3gdp). https://ec.europa.eu/eurostat/databrowser/view/nama_10r_3gdp/default/table. Retrieved 2026-10-08.

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Questions

What is the GDP per capita (euros) in Algarve?

GDP per capita in Algarve was €29,300 in 2024, according to Eurostat, European Commission. That is up 6.5% from 2023. That is the 3rd highest of 26 areas in 2024.

Where does this figure come from?

Eurostat, European Commission. GDP at current market prices by NUTS 3 region, EUR per inhabitant (nama_10r_3gdp). Retrieved by Invokely on 2026-10-08.

What was the highest GDP per capita (euros) in Algarve?

€29,300 in 2024, the highest value since 2000 in this series.

More statistics for Algarve

All statistics for Algarve