Country Comparison

Greece vs Portugal

Compare average wages, long-term wage changes and eight consumer price categories using OECD data.

At a Glance

Greece flagGreece

vs

PortugalPortugal flag

$32,4122025

Latest Average Wage

Portugal +38.6%

(vs Greece)

$44,9372025
−0.3%2025

5-Year Wage Change

Portugal +14.2 pts

(vs Greece)

+13.9%2025
−6.0%2025

10-Year Wage Change

Portugal +29.1 pts

(vs Greece)

+23.1%2025
54.72024

Overall Price Level

Portugal +1.0 index points

(vs Greece)

55.72024

Wages are PPP-adjusted average annual wages; price levels use the United States reference of 100. Years shown are each country's latest reported observation.

How Wages Have Changed

Follow PPP-adjusted average annual wages in constant prices across both economies.

$30k$34k$38k$42k$46k20152016201720182019202020212022202320242025

USD PPP, constant prices · missing years shown as gaps, never interpolated

Greece flag

Greece

Latest Average Wage

−0.3% · 5 years

$32,412

Portugal flag

Portugal

Latest Average Wage

+13.9% · 5 years

$44,937

Wage Milestones

Greece flagGreece

10 Years Ago

$34,495 (2015)

Historical Peak

$44,174 (2009)

Latest Wage

$32,412 (2025)

1Y −0.3% · 5Y −0.3% · From Peak −26.6%

Portugal flagPortugal

10 Years Ago

$36,520 (2015)

Historical Peak

$44,937 (2025)

Latest Wage

$44,937 (2025)

1Y +1.8% · 5Y +13.9% · At the historical peak

Compare Everyday Price Levels

See how eight consumer price categories compare with the United States reference value of 100.

United States = 100 · Differences shown in index points

Greece (GRC)Portugal (PRT)

Overall

−1.0 index points

100
54.7vs55.7

Food

+3.5 index points

100
91.1vs87.6

Clothing

−1.5 index points

100
80.9vs82.4

Housing

−4.0 index points

100
40.7vs44.7

Health

−1.4 index points

100
38.1vs39.5

Transport

+1.4 index points

100
93.4vs92

Recreation

0.0 index points

100
66.5vs66.5

Restaurants & Accommodation

+9.6 index points

100
71.3vs61.7

What Stands Out

01

Latest Wage Gap

Portugal's latest average wage is $44,937 for 2025, about 38.6% higher than Greece's $32,412 for 2025 — a relative difference calculated from the two reported values. Per year, that works out to roughly $12,525 on the shared purchasing-power basis.

02

Stronger Recent Trend

On the latest one-year change, Portugal shows the stronger movement at +1.8%, against −0.3% for Greece. The five-year horizon keeps the same ordering: +13.9% against −0.3%. Both percentages are real, PPP-adjusted changes from the reported wage series.

03

Largest Price Gap

Restaurants & Accommodation shows the widest price gap of the comparable categories in 2024: 71.3 for Greece against 61.7 for Portugal. Measured on the US=100 scale, the two readings for this category are 9.6 index points apart, Greece above Portugal. Index points are not percentages; the two scales answer different questions.

04

Closest Price Category

The closest category is Recreation: Greece reads 66.5 and Portugal 66.5 for 2024 — effectively the same relative price level on the US=100 scale. The next closest is Overall at 1.0 index points apart. Closeness here describes the index readings only, not the baskets behind them.

Understanding the Comparison

Wage Position illustration

Wage Position

A clear separation shows in the latest wage figures — Portugal at $44,937 for 2025, and Greece at $32,412 for 2025. The higher figure exceeds the lower one by 38.6% in relative terms — a percentage calculated from the two reported values — or roughly $12,525 a year. No extra conversion is needed here: each figure is already a purchasing-power-adjusted annual amount in constant prices. For scale, neither series has moved by that much within any single reported year, so the gap is structural rather than the product of one unusual observation. Over ten years Greece recorded −6.0% against Portugal's +23.1%, so the current levels were reached on visibly different long-term paths.

Wage Direction illustration

Wage Direction

This pairing shows two wage paths pulling apart rather than tracking each other. Greece continues to drift below its peak, with a one-year change of −0.3% and a five-year change of −0.3%. Portugal sits at the highest point of its series — $44,937 in 2025 is also the historical peak, with a ten-year change of +23.1%. With Portugal gaining in real terms at +13.9% over five years and Greece at −0.3%, the five-year measures move away from each other rather than closing in. All changes here are measured in real, PPP-adjusted terms, so they describe purchasing-power movement rather than nominal pay increases.

Price Profile illustration

Price Profile

Greece's overall consumer price level for 2024 reads 54.7, and Portugal's reads 55.7, each measured against the United States reference of 100. Neither country is uniformly higher: Greece leads in 3 of the 8 comparable categories and Portugal in 4, so the profile splits by category rather than by country. The widest separation is in Restaurants & Accommodation: 71.3 for Greece against 61.7 for Portugal, a gap of 9.6 index points. At the other end, Recreation brings the two closest — 66.5 versus 66.5, a gap of just 0.0 index points. Relative to the US benchmark, Greece reads above 100 in 0 of its 8 reported categories, and Portugal in 0 of its 8.

Wage and price data should not be combined into a verdict on which country is better to live in.

Average wages are PPP-adjusted and expressed in constant prices. Consumer price levels use the United States as the reference value of 100.