What is the GDP of Portugal?

Portugal's GDP is approximately $313.3 billion USD. The GDP growth rate is 2.1%.

What is the population of Portugal?

Portugal has a population of approximately 10.7 million people. The population growth rate is 1.1%.

What is the inflation rate in Portugal?

The inflation rate in Portugal is 2.4%.

What is the unemployment rate in Portugal?

The unemployment rate in Portugal is 6.2%.

What is the GDP per capita of Portugal?

Portugal's GDP per capita is approximately $29,292 USD.

Is Portugal a good country to invest in?

Portugal has an investment score of 72/100, classified as "Moderate" risk. Key sectors include Tourism, Renewable Energy, Technology & Startups. Credit rating: NR.

How open is Portugal's economy to trade?

Portugal's trade openness (trade as % of GDP) is 90%. Exports total approximately $143.4B and imports $137.6B.

How much foreign investment does Portugal attract?

Foreign direct investment (FDI) in Portugal is 4.3% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Portugal?

Portugal's economy is composed of services (66% of GDP), industry (19% of GDP), and agriculture (2% of GDP).

Can I start a business in Portugal as a foreigner?

Portugal offers various options for foreign entrepreneurs. Visit our business setup guide for Portugal for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Portugal's economy growing?

Portugal's GDP growth rate is 2.1%. The economy is growing at a moderate pace.

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Portugal Economy Overview

Name: Portugal Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Europe & Central AsiaHigh IncomeCapital: LisbonPRT

Moderate

Growing

313.3B USD

GDP (Nominal)

Growing at 2.1%

$29,292

GDP Per Capita

High income level

10.7M

Population

+1.1% annual growth

Stable

2.4%

Inflation

Price stability

90%of GDP

Trade Openness

Strong

4.3%of GDP

FDI Inflows

Public Debt

High

6.2%

Unemployment

Surplus

+$5.8B

Trade Balance

GDP

Billion USD, nominal

$313.3B

2024+20.9B

GDP Growth

Annual %

2.1%

2024-1.0%

Inflation

Consumer prices, annual %

2.4%

2024-1.9%

Population

Millions

10.7M

2024+0.1M

Economic Structure

Services66%

Industry19%

Agriculture2%

Investment Score Breakdown

Economic Health (30%)70

Political Safety (25%)78

Business Climate (20%)72

Financial Strength (15%)68

Growth Potential (10%)72

Key Sectors

Tourism

15.2% of GDP

growing

Renewable Energy

5.5% of GDP

growing

Technology & Startups

4.8% of GDP

growing

Cork & Agriculture

2.8% of GDP

stable

Should I Invest in Portugal?

BuySetup: ModerateROI: Moderate

Portugal scores 72/100 on the NationsData Investment Index, rated "Moderate". Growth is subdued at 2.2%. Business setup takes approximately 42 days with a corporate tax rate of 21%.

Investment Score72/100

GDP Growth2.2%

Inflation2.5%

FDI/GDP4.8%

Public Debt100.5%

Political Stability0.8

Corporate Tax21%

Ease of Business#39

Strengths

+Good political stability and rule of law
+Favorable business climate with reasonable regulation
+Low inflation (2.5%) - stable pricing environment
+100% foreign ownership allowed - no local partner required
+Extensive tax treaty network (79 countries)

Risks

-Very high public debt (100.5% of GDP) - fiscal crisis risk

Also Consider

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