Portugal is among the 50 largest economies in the world, and its growth outlook was positive until 2020. The economic shock resulting from the crisis caused by the SARS-CoV-2 pandemic hampered the country's economic prospects, by causing a sharp decline in activity.
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The Portuguese economy has been steady, expanding continuously since the third quarter of 2014, with a yearly GDP growth of 1.5% registered in the second ...
Portugal
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Portugal is a southern European country on the Iberian Peninsula, bordering Spain. Its location on the Atlantic Ocean has influenced many aspects of its culture: salt cod and grilled sardines are national dishes, the Algarve's beaches are a major...
GDP growth rate: 6.8% annual change (2022)
Gross domestic product: 255.2 billion USD (2022)
GDP per capita: 24,515.27 USD (2022)
Gross national income: 429.8 billion PPP dollars (2022)
GNI per capita: 41,290 PPP dollars (2022)
Government debt: 117.7% of GDP (2019)
Internet users: 84.5% of the population (2022)
Source: World Bank
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May 15, 2024 · Economic growth in Portugal is set to further moderate in 2024 before picking up again in 2025, pushed by private consumption and investment ...
Economic Survey of Portugal - 15 June 2023. The Portuguese economy has rebounded strongly from the COVID-19 crisis. Though high inflation and weak global ...
Apr 15, 2024 · Portugal's new centre-right government expects the economy to grow 1.5% in 2024, which is the same number as predicted by the previous ...
Portugal's economy in numbers: Nominal GDP of USD 255 billion in 2022. GDP per capita of USD 24,793 compared to the global average of USD 10,589. Average real ...
Mar 11, 2024 · It is also a very open economy, with international trade representing more than 100% of GDP and a significant dependence on external capital ...
Similar to those of other western European countries, Portugal's economy is now dominated by services; manufacturing constitutes a significant share of output, ...
Portugal's economic freedom score is 68.7, making its economy the 29th freest in the 2024 Index of Economic Freedom. Its rating has decreased by 0.8 point ...
Portugal has a service-based mixed economy in which the government has privatized many state-controlled firms and liberalized areas of the economy. Portugal ...