According to the information collected by the website run by the Francisco Manuel dos Santos Foundation, the purchasing power standard (PPS) in Portugal in 2016 was 25,881 PPS, with the country in 18th in a ranking led by Luxembourg (with 54,547 PPS).

In its Portrait of Portugal in Europe,published on Friday as part of European Statistics Day, Pordata said the EU average last year was 35,754 PPS.

In the last places on the list are Hungary, Romania and Bulgaria, the latter with 16,044 PPS.

PPS, the Purchasing Power Standard, is a fictional currency used to compare levels of welfare and spending across countries, nullifying differences in price levels.

In terms of of the national minimum wage, in 2016 Portugal was ranked 11th on the list of EU countries, with 711 PPS, Luxembourg (with 1,615 PPS) in first place and Bulgaria (491 PPS) in last place.