Source
Central bank

Bank of Portugal

International Reserves

USD 11.5 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 213.0 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 306.8 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
1.6% 2.5% 0.2% -3% 1.9% -1.8% -4%
2013 2014 2015 2016* 2017*    
-1.1% 0.9% 1.5% 1% 1.1%    

*Estimate

GDP per capita - current prices

USD 20,429.4 (2017, estimate)

GDP per capita - PPP

Intl$ 29,422.3 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.44% 0.47% 0.42% 0.31% 0.2%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 2.4% 
  • industry: 21.9% 
  • services: 75.9%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

1.3% (2014)

OECD, data retrieved January 2017

Inflation
2013 2014 2015 2016* 2017*
0.4% -0.2% 0.5% 0.7% 1.1%

*Estimate

Unemployment rate
2013 2014 2015* 2016* 2017*
16.2% 13.9% 12.4% 11.2% 10.7%

*Estimate

Household saving rates

-4% (Total, 2015)

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
129% 130.2% 129% 128.4% 128.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
-4.8% -7.2% -4.4% -3% -3%

*Estimate 

Government bond ratings

Standard & Poor's: BB+

Moody's: Ba1

Standard & Poor's / Moody's (Updated as of January 24th 2017)

Market value of publicly traded shares
2013 2014 2015
USD 79.2 billion USD 57.8 billion USD 59.8 billion
Largest companies

EDP-Energias de Portugal, Galp Energia, Jeronimo Martins, Banco Comercial Portugues, Banco BPI.

 
 
Source
Current account balance

USD -1.4 billion (2017 estimate)

Current account balance by percentage of GDP

-0.7% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

40.3% (2015)

Shares in world total merchandising export

0.3% (2015)

Shares in world total commercial services export

0.6% (2015)

Total exports

USD 52.2 billion (2016 estimate)

Export commodities

Agricultural products, foodstuffs, wine, oil products, chemical products, plastics and rubber, hides, leather, wood and cork, wood pulp and paper, textile materials, clothing, footwear, machinery and tools, base metals

Total imports

USD 61.7 billion (2016 estimate)

 
 
Source
Import commodities

Agricultural products, chemical products, vehicles and other transport material, optical and precision instruments, computer accessories and parts, semiconductors and related devices, oil products, base metals, food products, textile materials

Exports - major partners

Spain 25%, France 12.1%, Germany 11.8%, UK 6.7%, US 5.2%, Angola 4.2%, Netherlands 4% (2015)

Imports - major partners

Spain 32.9%, Germany 12.9%, France 7.4%, Italy 5.4%, Netherlands 5.1% (2015)

FDI inflows
2013 2014 2015
USD 2,672 million USD 7,614 million USD 6,031 million
FDI outflows
2013 2014 2015
USD -2,043 million USD 4,108 million USD 8,167 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD -4735.2 million USD -578.0 million USD -602.0 million USD -378.2 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 25 out of 190 countries (2017)

Subcategories:

Starting a business: 32 out of 190 countries

Enforcing Contracts: 19 out of 190 countries

Registering Property: 27 out of 190 countries

Getting Credit: 101 out of 190 countries

Protecting Minority Investors: 70 out of 190 countries

Trading Across Borders: 1 out of 190 countries

Paying Taxes: 38 out of 190 countries

Dealing with Construction Permits: 35 out of 190 countries

Getting Electricity: 50 out of 190 countries

Resolving Insolvency: 7 out of 190 countries

Global competitiveness ranking

46 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 64 / Score: 65.08 (Moderately free) (2016)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC 0

Total area

92,090 sq km

Capital

Lisbon

Currency

Euros (EUR)

Government type

Semi-presidential republic

Languages

Portuguese (official), Mirandese (official, but locally used)

Religions

Roman Catholic 81%, other Christian 3.3%, other (includes Jewish, Muslim, other) 0.6%, none 6.8%, unspecified 8.3% (2011 est.)

Total population
1990 2000 2010 2016* 2021*
10.005 million 10.29 million 10.573 million 10.419 million 10.456 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
35% 43% 54% 64%
Population median age

41.8 years (2016 estimate)

Population growth rate

0.07% (2016 estimate)

Life expectancy

79.3 years (2016 estimate)

Literacy

Total population: 95.7%
Male: 97.1%
Female: 94.4% (2015 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

36.0 (2012)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 44.14%   Mobile 110.41% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

68.63% (2015)

Mercer Cost of living index

Lisbon: 134th (2016)

CO2 emissions

4.4 (2013)

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