Resident population in Portugal exceeded 10,6 million

Demographic aging in Portugal “continued to increase”

The resident population in Portugal increased in 2023, for the fifth consecutive year, exceeding 10,6 million, the National Statistics Institute (INE) announced today.

As of December 31, the country's resident population was estimated at 10.639.726 people, 123.105 more than in 2022.

«The population increase resulted from a migratory balance of 155.701 people (136.144 in 2022), which offset the negative natural balance of -32.596 (-40.640 in 2022)», according to INE.

In 2023, as a result of the increase in birth rates, the average number of children per woman of childbearing age increased to 1,44 children, compared to 1,42 in 2022.

Demographic aging in Portugal “continued to increase”, noted the Institute.

In 2023, the aging index, which compares the population aged 65 and over with the population aged zero to 14, reached the value of 188,1 elderly people for every 100 young people (184,4 in 2022).

«The median age of the population residing in Portugal, which corresponds to the age that divides the population into two groups of equal size, went from 46,9 years in 2022 to 47,1 years in 2023», said INE, when releasing the estimates of the resident population.

Of the total number of residents in the country at the end of last year, 5.083.568 were men and 5.556 were women.

The increase of 123.105 people compared to 2022 represents an effective growth rate of 1,16%, compared to 0,91% in 2022, according to the same source.