Economic Structure Portugal, Portugal Economic Profile, Statistics on Portugal Economy
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STRUCTURE OF THE ECONOMY
Half of the continental area of Portugal is being dedicated for the agriculture sector.
Use of the modern types of technology in the country has given birth to a better output.
In horticulture and floriculture the country has achieved tremendous success. The important agriculture products of the country are grain, potatoes, grapes, olives, dairy products, sheep, cattle, goats, and poultry.
STRUCTURE OF THE ECONOMY
Half of the continental area of Portugal is being dedicated for the agriculture sector.
Use of the modern types of technology in the country has given birth to a better output.
In horticulture and floriculture the country has achieved tremendous success. The important agriculture products of the country are grain, potatoes, grapes, olives, dairy products, sheep, cattle, goats, and poultry.
Among the various industry types in the country, the textile and the footwear industry has gained more attention. The major industries of the country are paper, wool, metal working, oil refining, tourism and wine.
The following table gives a clear picture upon the average annual growth rate of different sectors of the economy over the years.
Average Annual Growth Rate Of Different Sectors 1984-94 1994-04 Average Annual Growth Rate OF Agriculture -0.1 -0.4 Average Annual Growth Rate OF Industry 3.7 3.6 Average Annual Growth Rate OF Manufacturing -0.1 3.6 Average Annual Growth Rate OF Services 4.1 3.2
