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 Real gross domestic product per full-time equivalent employment (Annual growth rate - Base 2016 - %)
Characteristic Description
Name Real gross domestic product per full-time equivalent employment (Annual growth rate - Base 2016 - %); Annual
Regularity Annual
Source Statistics Portugal, Quarterly national accounts
First available period 1996
Last available period 2023
Dimensions
  • Data reference period
  • Geographic localization (Portugal)
Concepts
  • FULL-TIME EQUIVALENT EMPLOYMENT:  Full-time equivalent employment is the number of full-time equivalent jobs, defined as total hours worked divided by average annual hours worked in full-time jobs in the economic territory.
  • GROSS DOMESTIC PRODUCT:  Final result of the production activity of resident producer units that can be defined according to production approach, expenditure approach and income approach.
  • VOLUME CHAIN-LINKED DATA:  This chain-linking procedure makes it possible to convert the volume data of annual national accounts, calculated at previous-year prices, into a chain-linked series in a given year, chosen as basis (2000), allowing for the direct calculation of rates of change. This calculation is made on an annual basis, generating chain-linked series, to which the usual methodology of the Portuguese quarterly national accounts is applied, as regards the breakdown of time series, thereby generating quarterly series that are also chain-linked.
  • REFERENCE PERIOD:  The length of time for which data are collected, e.g. a specific day, month or year.
  • 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

GDP/ Employment FTE

Quotient of the value of the last year, by the value of the previous year.

Measure unit (symbol) Percentage (%)
Power of 10  0
Observations
Last update date 02/03/2024


information presented in 29/3/2024