Portugal Economy
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Portugal Economy grow during the 1990 – 2000. In 1986, Portugal was admitted to the EU (European Union).Portugal is a high income OECD country. It has its own capitalist form of economic system.
The country had qualified for the Economic and the Monetary Union of the European Union in the year 1998.
The country has a total surface area of 91,980.0 square kilometer as in the year 2004, with a forest area of 35,830.0 square kilometer in 2000.
Portugal Economy grow during the 1990 – 2000. In 1986, Portugal was admitted to the EU (European Union).Portugal is a high income OECD country. It has its own capitalist form of economic system.
The country had qualified for the Economic and the Monetary Union of the European Union in the year 1998.
The country has a total surface area of 91,980.0 square kilometer as in the year 2004, with a forest area of 35,830.0 square kilometer in 2000.
Portugal Economy – Demography and Social Indicators
The total population of the country as of the year 2004 is calculated at 10.5 millions, with an annual percentage growth rate of 0.6 in the same year.
The following table represents the annual percentage growth rate of the population of the country over the years.
The life expectancy rate of the country in total years as of the year 2004 is calculated at 77.4. The Infant mortality rate per one thousand life births is 4.2 in the same year. Under the age of 5, the mortality rate per one thousand is 5.3.
Key Economic Indicators
The country’s Gross National Income, Atlas method as of the year 2004 reached at 149.3 billions in current US $ with a per capita GNI of 14,220.0 in current US $.
The Gross Domestic Product in the country as of 2004 is 167.7 billions in current US $ with an annual percentage growth rate of 1.0.
The following diagram gives a clear picture upon the rate of growth of the GDP of the country over the years.
Among the various economic indicators, the rate of inflation as the major threat to the economy as a whole is being kept under checked.
The Government has undertaken various measures for controlling the inflationary trends.
