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Portugal Poverty Rate

Portugal's poverty rate fell to 0.2% in 2022, down from 0.3% in 2021, according to World Bank. This represents a decrease of 0.1% from the previous year. Portugal has poverty rate lower than the global median (0.20% vs median 1.90%). Compared with the median in Europe, Portugal is lower (0.20% vs regional median 0.30%) and ranks 27th out of 41 countries in Europe.

Portugal's annual unemployment rate fell to 6.38% in 2024, down from 6.51% in 2023.

Yearly Historical Data (2003-2022)

(in %)
Year Poverty Rate (%)
2022 0.2%
2021 0.3%
2020 0.6%
2019 0.2%
2018 0.4%
2017 0.4%
2016 0.4%
2015 0.7%
2014 0.8%
2013 1%
2012 0.9%
2011 0.6%
2010 0.2%
2009 0.2%
2008 0.3%
2007 0.6%
2006 0.2%
2005 0.7%
2004 0.7%
2003 1.1%
Portugal Poverty Rate : Definition
Poverty Rate measures the percentage of people in Portugal living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Adult Literacy Rate 96.8% 94% 2021
Gini Index 36.3 points 34.6 points 2022
Happiness Index 6.01 points 6.03 points 2024
Homicide Rate 0.8 0.79 2021
Population 10.7M 10.58M 2024
Primary Enrollment Rate 109.85% 104.93% 2022