Global news and insight for corporate financial professionals
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Portugal economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Portugal best banks and safest banks are also available.
Unemployment is simple enough to understand: it is an economic condition in which individuals seeking jobs remain un-hired. Yet measuring how many people are unemployed at any given moment in any given country is rather complex.
USD 11.5 billion (2016)
International Monetary Fund (IMF), data retrieved January 2017
USD 213.0 billion (2017, estimate)
Intl$ 306.8 billion (2017, estimate)
| 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
USD 20,429.4 (2017, estimate)
| 1980 | 1990 | 2000 | 2010 | 2017* |
| 0.44% | 0.47% | 0.42% | 0.31% | 0.2% |
*Estimate
(2016 estimate)
1.3% (2014)
OECD, data retrieved January 2017
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 0.4% | -0.2% | 0.5% | 0.7% | 1.1% |
*Estimate
| 2013 | 2014 | 2015* | 2016* | 2017* |
| 16.2% | 13.9% | 12.4% | 11.2% | 10.7% |
*Estimate
| 2013 | 2014 | 2015* | 2016* | 2017* |
| 129% | 130.2% | 129% | 128.4% | 128.2% |
*Estimate
| 2013 | 2014 | 2015* | 2016* | 2017* |
| -4.8% | -7.2% | -4.4% | -3% | -3% |
*Estimate
Standard & Poor's: BB+
Moody's: Ba1
Standard & Poor's / Moody's (Updated as of January 24th 2017)
| 2013 | 2014 | 2015 |
| USD 79.2 billion | USD 57.8 billion | USD 59.8 billion |
EDP-Energias de Portugal, Galp Energia, Jeronimo Martins, Banco Comercial Portugues, Banco BPI.
-0.7% (2017 estimate)
40.3% (2015)
0.3% (2015)
0.6% (2015)
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
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
Spain 25%, France 12.1%, Germany 11.8%, UK 6.7%, US 5.2%, Angola 4.2%, Netherlands 4% (2015)
Spain 32.9%, Germany 12.9%, France 7.4%, Italy 5.4%, Netherlands 5.1% (2015)
| 2013 | 2014 | 2015 |
| USD 2,672 million | USD 7,614 million | USD 6,031 million |
| 2013 | 2014 | 2015 |
| USD -2,043 million | USD 4,108 million | USD 8,167 million |
| 2012 | 2013 | 2014 | 2015 |
| USD -4735.2 million | USD -578.0 million | USD -602.0 million | USD -378.2 million |
N/A
N/A
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
46 out of 138 countries
(2016-2017)
Ranking: 64 / Score: 65.08 (Moderately free) (2016)
(100=totally free 0=totally repressed )
Portuguese (official), Mirandese (official, but locally used)
Roman Catholic 81%, other Christian 3.3%, other (includes Jewish, Muslim, other) 0.6%, none 6.8%, unspecified 8.3% (2011 est.)
| 1990 | 2000 | 2010 | 2016* | 2021* |
| 10.005 million | 10.29 million | 10.573 million | 10.419 million | 10.456 million |
*Estimate
| 1960 | 1980 | 2000 | 2015 |
| 35% | 43% | 54% | 64% |
Total population: 95.7%
Male: 97.1%
Female: 94.4% (2015 est.)
(age 15 and over can read and write)
36.0 (2012)
(0=perfect equality, 100=absolute inequality)
Political Rights: 1
Civil Liberties: 1 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 44.14% Mobile 110.41% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)