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Oeiras is where the annual income is greatest - Economy

Oeiras is where the annual income is greatest – Economy

The reported average annual gross income in Portugal was €9,539 in 2019, up 4.5% from the previous year. This was the year when the epidemic has not yet reached Portugal, and the figures for 2020 may change. The National Institute of Statistics itself warns of “the economic impact of the epidemic crisis, especially the unfavorable for the tourism sector, and the strong regional focus of this activity, anticipating strongly disproportionate effects within local economies.” and among them, and consequently on the income of the families that depend on them.” This is due to the fact that the National Institute of Statistics highlights a pattern in the municipalities with increased demand for tourists, which record a level of income and asymmetry of their distribution less than observed in the country.

But, based on the IRS payment in 2019, INE ENDS that “all municipalities followed this growth trend, but only five had mean values ​​higher than those observed in the country: 18 municipalities in the Lisbon metropolitan area (AML), 19 in the center, 13 in the Alentejo. And 7 in the north and 4 in the Autonomous Region of the Azores and 3 in the Autonomous Region of Madeira and Faro only in the Algarve.

The highest declared values ​​were recorded in Oeiras – 14,009 euros – in Lisbon – 12,898 euros – and Casques – 11,859 euros. 65 municipalities have values ​​above the national reference, with the lowest values ​​in the Nordic region. 42 municipalities emerged with values ​​over €10,000 per taxpayer, 10 more than in 2018. Already with values ​​over €11,500 in addition to Oeiras, Lisbon and Cascais are also Alcochete. In the Lisbon metropolitan area, all 18 municipalities “provided average values ​​of more than 10 thousand euros”.

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In the metropolitan area of ​​Porto, the highest values ​​were seen in Porto (11,181 euros), Maya (10,725 euros) and Matosinos (10,371 euros).

Looking at the entire metropolitan area of ​​Lisbon, the total income was 11,283 euros, while in the Coimbra region it was 9,715 euros, in the Leiria region 9,709 euros, in the central Alentejo 9,655 euros and in the Aveiro region 9,579 euros. The lowest average incomes were recorded in Alto Tamiga (7,531 euros) and Tamiga and Sousse (7,843 euros).

Looking at the P80/20 ratio, which measures the asymmetry between the highest and lowest incomes—the ratio that reflects the number of times a taxpayer’s income in the 80th percentile is higher than a taxpayer’s income in the 20th percentile—in Portugal, the value was at 2.8 . But looking at Lisbon it reached 3.7 times. in Porto 3.6; In Cascais 3.4 times. The smallest ratio, that is, the smallest asymmetry, was recorded in Vizela, whose index was twice.

The lowest income range was recorded in Lezíria do Tejo, with the lowest amount in Chamusca at 8,420 euros and the highest in Santarém at 9,867 euros, with a difference of 1,447 euros. The largest capacity was recorded in the Lisbon metropolitan area, with Oeiras at 14,009 euros and Moita at 10,053 euros, a difference of 3,956 euros.

In 2019, the 20% of taxpayers with the lowest declared gross income deducted from the income tax paid was €5,725, 60% of the median value (€9,539), but 35% of the value in the highest percentage 16,248 euros.