Connect with us


0:59 — Which countries have already surpassed the average Portuguese salary?



0:59 — Which countries have already surpassed the average Portuguese salary?

Organization for Economic Co-operation and Development (OECD) data goes back to 1995. Portugal immediately appears in the list of ten countries with the lowest average salary. There has been no comparative improvement in 25 years. On the contrary, in 2020, the most recent year, Portugal ranked 6th out of 35 countries.

Since 2007, Mexico, one of the few outsiders in the group of members with the lowest wages, along with Chile, has been at the tail of the OECD. The Mexican figure remained flat, between $16k/$17k, while wages in some Eastern European countries, which started from a lower base, generally rose.

In OECD terms, Slovenia, Greece, Poland, Czech Republic, Hungary, Slovakia, Estonia, Latvia and Lithuania are the nine EU member states that in 2000 had an average annual wage equivalent to or less than that of Portugal. Slovenia has long broken away from the Portuguese indicator, and today Slovenes earn one and a half times more than the Portuguese. In addition to Slovenia, there are four other countries in the group where the average wage is already higher (see graph of average wages).


Average annual salary*
In dollars

* OECD countries that are also member states of the European Union (22) and in 2000 the average annual wage was equal to or less than that of Portugal (9). Purchasing power parity at constant 2020 prices

The graph line representing the average wage in Portugal (highlighted in blue) shows that the figure has remained virtually unchanged since 2000. There have been large fluctuations over the years. The rest of the Member States, which started from the same or lower base than Portugal, show clearly upward curves with only occasional regressions during the 2008 crisis. The negative exception is Greece: it outperformed Portugal in 2002 but had a sharp rebound . fell between 2007 and 2013 and has not yet recovered.

See also  Cardano (ADA) Becomes Internet Favorite And Beats Bitcoin On Twitter

meta de increase the average salary in Portugal by 20% before the end of the legislature, the alignment of the share of wages in gross domestic product (GDP) with the European average is included in the government’s program and was confirmed by the prime minister over the weekend.


average annual salary
and the weight of wages and social contributions in GDP

*COUNTRIES OECD members that are also member states of the European Union (22 countries).
AVERAGE SALARY Purchasing Power Parity 2020 Constant Dollars (OECD 2020)
WEIGHT NOT GDP Rewards and social contributions as a percentage of GDP (Eurostat, 2021)

At the top of the list of countries with the highest average wages, which are 2.4 times higher than Portugal, are the USA, Iceland, Luxembourg and Switzerland.


Average salary in 2020, in dollars

*At purchasing power parities at constant 2020 prices.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners



Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

Continue Reading


The first Dacia hybrid. “The cheapest hybrid family on the market”



The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

Continue Reading


See how Tesla tests its electric Semi truck in the worst-case scenarios



Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.

Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

See also  Roaming stays free in Europe for another 10 years and brings improvements

high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

Continue Reading