1. Global Data
  2. Country Data
  3. Portugal GDP and Economic Data
Featured image for Portugal

Portugal GDP and Economic Data

Country Report 2017 - Includes Portugal real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

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 Rates Around the World 2018

Unemployment Rates Around the World 2018

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.

 
 
Source
Central bank

Bank of Portugal

Source
International Reserves

USD 11.5 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Source
Gross Domestic Product - GDP

USD 213.0 billion (2017, estimate)

Source
GDP (Purchasing Power Parity)

Intl$ 306.8 billion (2017, estimate)

Source
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

Source
GDP per capita - current prices

USD 20,429.4 (2017, estimate)

Source
GDP per capita - PPP

Intl$ 29,422.3 (2017, estimate)

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

*Estimate

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

(2016 estimate)

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

1.3% (2014)

OECD, data retrieved January 2017

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

*Estimate

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

*Estimate

Source
Household saving rates

-4% (Total, 2015)

 

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

*Estimate

Source
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 

Source
Government bond ratings

Standard & Poor's: BB+

Moody's: Ba1

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

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

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

Source
 
 
Source
Current account balance

USD -1.4 billion (2017 estimate)

Source
Current account balance by percentage of GDP

-0.7% (2017 estimate)

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

40.3% (2015)

Source
Shares in world total merchandising export

0.3% (2015)

Source
Shares in world total commercial services export

0.6% (2015)

Source
Total exports

USD 52.2 billion (2016 estimate)

Source
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

Source
Total imports

USD 61.7 billion (2016 estimate)

Source
 
 
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

Source
Exports - major partners

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

Source
Imports - major partners

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

Source
FDI inflows
2013 2014 2015
USD 2,672 million USD 7,614 million USD 6,031 million
Source
FDI outflows
2013 2014 2015
USD -2,043 million USD 4,108 million USD 8,167 million
Source
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
Source
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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

N/A

Source
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

Source
Global competitiveness ranking

46 out of 138 countries

(2016-2017)

Source
Index of Economic Freedom

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

(100=totally free 0=totally repressed )

Source
 
 
Source
Time zone

UTC 0

Source
Total area

92,090 sq km

Source
Capital

Lisbon

Source
Currency

Euros (EUR)

Source
Government type

Semi-presidential republic

Source
Languages

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

Source
Religions

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

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

*Estimate

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

41.8 years (2016 estimate)

Source
Population growth rate

0.07% (2016 estimate)

Source
Life expectancy

79.3 years (2016 estimate)

Source
Literacy

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

(age 15 and over can read and write)

Source
% of population living on less than $3.10 a day

N/A

Source
Inequality of wealth distribution (Gini index)

36.0 (2012)

(0=perfect equality, 100=absolute inequality)

Source
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)

Source
Internet users as % of total population

68.63% (2015)

Source
Mercer Cost of living index

Lisbon: 134th (2016)

Source
CO2 emissions

4.4 (2013)

Source

World's Best Developed & Emerging Markets Banks

2013
2012
2011
2010
2009

World's Best Internet Banks

2013
2012
2011
2010
2009
2005

World's Best Subcustodian Banks

2013
2012
2011
2010
2009
2005
2004

World’s Best Investment Banks

2014
2013
2012
2011
2010
2009

World's Safest

2009

World’s Best Foreign Exchange Providers

2013
2012
2011
2010
2009
2006
2005
2004
2003

World's Best Banks By Region

2014
2013
2012
2011

World's Best Banks

2014
2013
2009

World’s Best Trade Finance Banks

2014
2012
2011
2010
2009

Best of…

2012
2011
2009
2005

Additional Awards

2018
2014
2011
2010
2009
View all Portugal GDP and Economic Data content