Country Comparison

Portugal vs Greece

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

At a Glance

Portugal flagPortugal

vs

GreeceGreece flag

$44,9372025

Latest Average Wage

Portugal +38.6%

(vs Greece)

$32,4122025
+13.9%2025

5-Year Wage Change

Portugal +14.2 pts

(vs Greece)

−0.3%2025
+23.1%2025

10-Year Wage Change

Portugal +29.1 pts

(vs Greece)

−6.0%2025
55.72024

Overall Price Level

Portugal +1.0 index points

(vs Greece)

54.72024

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

Portugal flag

Portugal

Latest Average Wage

+13.9% · 5 years

$44,937

Greece flag

Greece

Latest Average Wage

−0.3% · 5 years

$32,412

Wage Milestones

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

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%

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

Portugal (PRT)Greece (GRC)

Overall

+1.0 index points

100
55.7vs54.7

Food

−3.5 index points

100
87.6vs91.1

Clothing

+1.5 index points

100
82.4vs80.9

Housing

+4.0 index points

100
44.7vs40.7

Health

+1.4 index points

100
39.5vs38.1

Transport

−1.4 index points

100
92vs93.4

Recreation

0.0 index points

100
66.5vs66.5

Restaurants & Accommodation

−9.6 index points

100
61.7vs71.3

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. That is roughly $12,525 a year on the same PPP 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: 61.7 for Portugal against 71.3 for Greece. 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: Portugal reads 66.5 and Greece 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. Two readings this close mean the category sits at nearly the same point of the US=100 scale for both.

Understanding the Comparison

Wage Position illustration

Wage Position

Few pairings separate this cleanly — Portugal's latest average wage of $44,937 for 2025 stands well above Greece's $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. Both figures are expressed in USD PPP at constant 2025 prices, so they can be set side by side without any further conversion. 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 Portugal recorded +23.1% against Greece's −6.0%, 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. 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%. Greece continues to drift below its peak, with a one-year change of −0.3% and a five-year change of −0.3%. 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

Portugal's overall consumer price level for 2024 reads 55.7, and Greece's reads 54.7, each measured against the United States reference of 100. Neither country is uniformly higher: Portugal leads in 4 of the 8 comparable categories and Greece in 3, so the profile splits by category rather than by country. The widest separation is in Restaurants & Accommodation: 61.7 for Portugal against 71.3 for Greece, 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, Portugal reads above 100 in 0 of its 8 reported categories, and Greece 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.