Portugal Economic Statistics and Indicators

21, May 2018, EDT. Welcome to the Portugal economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Portugal › Change country
National or Regional Currency: Euro, EUR
Year of data: 2015 › Change year
Number of Indicators Listed: 42
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 10,813,834 (July 2014 est.)
Area: total: 92,090 sq km ; land: 91,470 sq km ; water: 620 sq km ; note: includes Azores and Madeira Islands
Natural Resources: fish, forests (cork), iron ore, copper, zinc, tin, tungsten, silver, gold, uranium, marble, clay, gypsum, salt, arable land, hydropower
Capital: name: Lisbon ; geographic coordinates: 38 43 N, 9 08 W ; time difference: UTC 0 (5 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the Economic and Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in 2009, and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Austerity measures also have contributed to record unemployment and a wave of emigration not seen since the 1960s. Booming exports will contribute to growth and employment in 2014, but the need to continue to reduce private- and public-sector debt could weigh on consumption and investment. The government of Pedro PASSOS COELHO has stated its intention to reduce labor market rigidity, and, this, along with steps to trim the budget deficit, could make Portugal more attractive to foreign investors. The government reduced the budget deficit from 10.1% of GDP in 2009 to 5.1% in 2013, lower than the EU-IMF fiscal target of 5.5%. Despite these efforts, public debt has continued to grow and, in 2013, stands among the highest in the EU. As a result, the government may have difficulty regaining full bond market financing when the EU-IMF financing program expires in May 2014.

Economic Indicator Listing
  For Portugal in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.472 %
GDP (Current Prices, National Currency)EUR 179.41 Billion.
GDP (Current Prices, US Dollars)US$ 199.077 Billion
GDP Deflator 104.822 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)EUR 16,439.80 .
GDP Per Capita (Current Prices, National Currency)EUR 17,232.48 .
GDP Per Capita (Current Prices, US Dollars)US$ 19,121.59
Output Gap, Percent of Potential GDP -3.155 %
GDP (PPP), US DollarsUS$ 289.791 Billion
GDP Per Capita (PPP), US DollarsUS$ 27,834.75
GDP Share of World Total (PPP) 0.255 %
Implied PPP Conversion Rate 0.619
Investment (% of GDP) 15.137 %
Gross National Savings (% of GDP) 15.59 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 100 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 0.508 %
Inflation, End of Year (Indexed to Year 2000) 99.86 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 0.291 %
Import Volume of All Items Including Goods and Services (Percent Change) 7.524 %
Import Volumes of Goods Only (Percent Change) 6.873 %
Export Volume of All Items Including Goods and Services (Percent Change) 5.695 %
Export Volumes of Goods Only (Percent Change) 4.71 %
Unemployment Rate (% of Labour Force) 12.444 %
Employment 4.685 Million
Population 10.411 Million
General government revenue (National Currency)EUR 78.687 Billions.
General government revenue (% of GDP) 43.859 %
General government total expenditure (National Currency)EUR 86.562 Billions.
General government total expenditure (% of GDP) 48.248 %
Total Government Net Lending/ Borrowing (National Currency)EUR -7.875 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -4.389 %
General Government Structural Balance (National Currency)EUR -2.75 Billion.
General Government Structural Balance (% Potential GDP) -1.485 %
Fiscal Year Gross Domestic Product, Current PricesEUR 179.41 Billions.
Current Account Balance (US Dollars)US$ 0.901 Billion
Current Account Balance (% GDP) 0.453 %
Economic Indicators for Portugal 2015

GDP (Constant Prices, National Currency) for Portugal in year 2015 is EUR 171.157 Billion.

GDP Growth (Constant Prices, National Currency) for Portugal in year 2015 is 1.472 %.

GDP (Current Prices, National Currency) for Portugal in year 2015 is EUR 179.41 Billion.

GDP (Current Prices, US Dollars) for Portugal in year 2015 is US$ 199.077 Billion.

GDP Deflator for Portugal in year 2015 is 104.822 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Portugal in year 2015 is EUR 16,439.80 .

GDP Per Capita (Current Prices, National Currency) for Portugal in year 2015 is EUR 17,232.48 .

GDP Per Capita (Current Prices, US Dollars) for Portugal in year 2015 is US$ 19,121.59 .

Output Gap, Percent of Potential GDP for Portugal in year 2015 is -3.155 %.

GDP (PPP), US Dollars for Portugal in year 2015 is US$ 289.791 Billion.

GDP Per Capita (PPP), US Dollars for Portugal in year 2015 is US$ 27,834.75 .

GDP Share of World Total (PPP) for Portugal in year 2015 is 0.255 %.

Implied PPP Conversion Rate for Portugal in year 2015 is 0.619 .

Investment (% of GDP) for Portugal in year 2015 is 15.137 %.

Gross National Savings (% of GDP) for Portugal in year 2015 is 15.59 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Portugal in year 2015 is 100 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Portugal in year 2015 is 0.508 %.

Inflation, End of Year (Indexed to Year 2000) for Portugal in year 2015 is 99.86 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Portugal in year 2015 is 0.291 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Portugal in year 2015 is 7.524 %.

Import Volumes of Goods Only (Percent Change) for Portugal in year 2015 is 6.873 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Portugal in year 2015 is 5.695 %.

Export Volumes of Goods Only (Percent Change) for Portugal in year 2015 is 4.71 %.

Unemployment Rate (% of Labour Force) for Portugal in year 2015 is 12.444 %.

Employment for Portugal in year 2015 is 4.685 Million .

Population for Portugal in year 2015 is 10.411 Million .

General government revenue (National Currency) for Portugal in year 2015 is EUR 78.687 Billions.

General government revenue (% of GDP) for Portugal in year 2015 is 43.859 %.

General government total expenditure (National Currency) for Portugal in year 2015 is EUR 86.562 Billions.

General government total expenditure (% of GDP) for Portugal in year 2015 is 48.248 %.

Total Government Net Lending/ Borrowing (National Currency) for Portugal in year 2015 is EUR -7.875 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Portugal in year 2015 is -4.389 %.

General Government Structural Balance (National Currency) for Portugal in year 2015 is EUR -2.75 Billion.

General Government Structural Balance (% Potential GDP) for Portugal in year 2015 is -1.485 %.

Fiscal Year Gross Domestic Product, Current Prices for Portugal in year 2015 is EUR 179.41 Billions.

Current Account Balance (US Dollars) for Portugal in year 2015 is US$ 0.901 Billion.

Current Account Balance (% GDP) for Portugal in year 2015 is 0.453 %.

* Source: IMF
Aggregate Indicators for Portugal
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Portugal
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Portugal
  Natural Resources, Agricultural Products, Land Use and Water Use for Portugal
  Nationality, Ethnic Groups, Languages and Religions for Portugal
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Portugal
  Age Structure, Median Age, Gender and Urbanization for Portugal
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Portugal
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Portugal
  HIV, AIDS and Other Major Infectious Disease Rates for Portugal
  Literacy Rate, Educational Expenditure and School Life Expectancy for Portugal
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Portugal
  Industries and Industrial Growth Production Rate for Portugal
  Labor Force by Occupation for Portugal
  Poverty Line, Gini Index, Household Income and Consumption for Portugal
  National Budget and Public Debt for Portugal
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Portugal
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Portugal
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Portugal
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Portugal
  Foreign Exchange Reserves and Gold Reserves for Portugal
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Portugal
  Exchange Rate Statistics for Portugal
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Portugal
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Portugal
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Portugal
  Television and Radio Statistics (TV Stats, Radio Stats) for Portugal
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Portugal
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Portugal
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Portugal
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Portugal
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Portugal
* Source: CIA
Internet Indicators for Portugal
Indicators
  Number of Internet Users for Portugal
  Internet Penetration Rate for Portugal
  Number of Facebook Accounts for Portugal
  Facebook Penetration Rate for Portugal
* Source: IWS
Economic Freedom Indicators for Portugal
Indicators
  Economic Freedom World Rank for Portugal
  Government Spending for Portugal
  Monetary Freedom for Portugal
  Investment Freedom for Portugal
  Financial Freedom for Portugal
  Property Rights for Portugal
  Economic Freedom Regional Ranking for Portugal
  Freedom from Corruption for Portugal
  Labor Freedom for Portugal
  Tariff Rate for Portugal
  Income Tax Rate for Portugal
  Corporate Tax Rate for Portugal
  Tax Burden % of GDP for Portugal
  Government Expenditure % of GDP for Portugal
  Business Freedom for Portugal
  Trade Freedom for Portugal
  Fiscal Freedom for Portugal
  2016 Score for Portugal
* Source: HFO
Portugal Economic Indicators in other Years
  Portugal Economic Indicators for Year 2021 (Forecast)
  Portugal Economic Indicators for Year 2020 (Forecast)
  Portugal Economic Indicators for Year 2019 (Forecast)
  Portugal Economic Indicators for Year 2018 (Forecast)
  Portugal Economic Indicators for Year 2017 (Forecast)
  Portugal Economic Indicators for Year 2016 (Forecast)
Portugal Economic Indicators for Year 2015 (Current)
  Portugal Economic Indicators for Year 2014
  Portugal Economic Indicators for Year 2013
  Portugal Economic Indicators for Year 2012
  Portugal Economic Indicators for Year 2011
  Portugal Economic Indicators for Year 2010
  Portugal Economic Indicators for Year 2009
  Portugal Economic Indicators for Year 2008
  Portugal Economic Indicators for Year 2007
  Portugal Economic Indicators for Year 2006
  Portugal Economic Indicators for Year 2005
  Portugal Economic Indicators for Year 2004
  Portugal Economic Indicators for Year 2003
  Portugal Economic Indicators for Year 2002
  Portugal Economic Indicators for Year 2001
  Portugal Economic Indicators for Year 2000
  Portugal Economic Indicators for Year 1999
  Portugal Economic Indicators for Year 1998
  Portugal Economic Indicators for Year 1997
  Portugal Economic Indicators for Year 1996
  Portugal Economic Indicators for Year 1995
  Portugal Economic Indicators for Year 1994
  Portugal Economic Indicators for Year 1993
  Portugal Economic Indicators for Year 1992
  Portugal Economic Indicators for Year 1991
  Portugal Economic Indicators for Year 1990
  Portugal Economic Indicators for Year 1989
  Portugal Economic Indicators for Year 1988
  Portugal Economic Indicators for Year 1987
  Portugal Economic Indicators for Year 1986
  Portugal Economic Indicators for Year 1985
  Portugal Economic Indicators for Year 1984
  Portugal Economic Indicators for Year 1983
  Portugal Economic Indicators for Year 1982
  Portugal Economic Indicators for Year 1981
  Portugal Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International