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[41] [42] Portugal is home to several world class universities and business schools that have been contributing to the creation of a number of highly renowned international managers [43] and are attracting an increasing number of foreign students. [44] Portugal has the highest emigration rate as a proportion of population in the European Union.
The European Union's structural and cohesion funds, and the growth of many of Portugal's main exporting companies, which became leading world players in a number of economic sectors, such as engineered wood, injection molding, plastics, specialized software, ceramics, textiles, footwear, paper, cork, and fine wine, among others, was a major ...
Taxes in Portugal are levied by both the national and regional governments of Portugal. Tax revenue in Portugal stood at 34.9% of GDP in 2018. [1] The most important revenue sources include the income tax, social security contributions, corporate tax and the value added tax, which are all applied at the national level.
Measures of personal income include average wage, real income, median income, disposable income and GNI per capita. Comparisons of GDP per capita are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries, see List of countries by GDP (PPP) per capita .
Source: World Development Indicators: Contribution of natural resources to gross domestic product (2011, source is unavailable) Total natural resources rents (% of GDP) by country, 2013 Oil rents (% of GDP) by country, 2013
This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) for full-time employees in their local currency and in euros. The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat . [ 1 ]
Rank Region GDP in euros € % of GDP GDP per capita In euros € As % of Portugal average 1 Greater Lisbon: 84,263,000,000 31.5% 39,942 158.0% 2
High income in blue ($12,616 or more, as defined by the World Bank), upper middle income in green ($4,086 – $12,615) and lower middle income ($1,036 – $4,085) in yellow. The predicted impact of the COVID-19 pandemic on GDP is greatest in Southern Europe , where structural improvements are expected to enhance GDP levels by up to 5% by 2030 ...