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 Labour share of GDP (%)
Characteristic Description
Name Labour share of GDP (%); Annual
Regularity Annual
Source Statistics Portugal, Annual National Accounts
First available period 2010
Last available period 2022
Dimensions
  • Data reference period
  • Geographic localization (Portugal)
Concepts
  • EMPLOYERS AND OWN-ACCOUNT WORKERS:  Group of Households subsectors that consists of households for which the (mixed) incomes accruing to the owners of household unincorporated enterprises from their activity as producers of market goods and services with or without paid employees are the largest source of income for the household as a whole, even if it does not account for more than half of total household income.
  • COMPENSATION OF EMPLOYEES:  Total remuneration, in cash or in kind, payable by employers to employees in return for work done by the latter during the accounting period.
  • GROSS DOMESTIC PRODUCT:  Final result of the production activity of resident producer units and it can be defined in three ways: production approach, expenditure approach and income approach.
  • EMPLOYEES:  Persons who, by agreement, work for a resident institutional unit and receive a remuneration recorded as compensation of employees.
  • REFERENCE PERIOD:  Period to which the information refers and which may be a specific day or a time interval (month, fiscal year, calendar year, among others).
  • ECONOMIC TERRITORY:  Territory that consists on: (a) the geographic territory administered by a government within which persons, goods, services and capital move freely; (b) any free zones, including bonded warehouses and factories under customs control; (c) the national air-space, territorial waters and the continental shelf lying in international waters, over which the country enjoys exclusive rights; (d) territorial enclaves (i.e. geographic territories situated in the rest of the world and used, under international treaties or agreements between States, by general government agencies of the country (embassies, consulates, military bases, scientific bases, etc.); (e) deposits of oil, natural gas, etc., in international waters outside the continental shelf of the country, worked by units resident in the territory as defined in the preceding subparagraphs.
Formule

(D1 + estimate of self-employed workers remuneration for work) /GDP

The remuneration corresponding to each self-employed worker  was estimated based on the average remuneration received by employees in the same institutional sector in each branch of activity.

Measure unit (symbol) Percentage (%)
Power of 10  0
Observations
Last update date 15/02/2025


information presented in 2/7/2025