Oeiras is an important economic hub, being one of the most highly developed municipalities of Portugal and Europe. It has the highest GDP per capita in the country, being also the second highest municipality (immediately after Lisbon) in terms of purchasing power as well as the second one collecting taxes in the country. These economic indicators also reflect the education level of the inhabitants, as Oeiras is the municipality with the highest concentration of population with higher education in the country. It also has the lowest unemployment rate in the Lisbon area.