Portugal

Continent

Europe

Capital

Lisbon

Population

10,207,177

Sub-Zones

General Information

Basic details about Portugal

Population:: 10,207,177
Area:: 92,090 sq km
Currency:: euros
Languages:: Portuguese, Mirandese, but locally used)

Economic Overview

Key economic indicators for Portugal

GDP:: $441.697 billion
GDP per Capita:: $41,800
GDP Growth:: 2.53%
Inflation:: 4.31%
Unemployment:: 6.49%
Public Debt:: 125.7% of GDP
Credit Rating:: BBB (2019)

Political System

Governance structure of Portugal

Government Type:: semi-presidential republic
Head of State:: President Marcelo REBELO DE SOUSA (since 9 March 2016)
Head of Government:: Prime Minister Antonio Luis MONTENEGRO (since 2 April 2024)
Judiciary:: Supreme Court or Supremo Tribunal de Justica (consists of 12 justices); Constitutional Court or Tribunal Constitucional (consists of 13 judges)
Administrative Divisions:: 18 districts (distritos, singular - distrito) and 2 autonomous regions* (regioes autonomas, singular - regiao autonoma); Aveiro, Acores (Azores)*, Beja, Braga, Braganca, Castelo Branco, Coimbra, Evora, Faro, Guarda, Leiria, Lisboa (Lisbon), Madeira*, Portalegre, Porto, Santarem, Setubal, Viana do Castelo, Vila Real, Viseu

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: Yes
EU Member:: Yes
Diplomatic Presence:: 2012 Massachusetts Avenue NW, Washington, DC 20036

Major Alliances and Organizations

EUNATOOECD

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Agriculture

2.1% (2023 est.)

Industry

18.1% (2023 est.)

Services

66.8% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Trade Volume

Exports:: $136.589 billion
Imports:: $133.006 billion

Major Trading Partners

Spain 21

France 11

Germany 10

USA 8

UK 5

Economic Outlook

Portugal has a 2.53% GDP growth rate with 4.31% inflation. The economy is characterized by a strong agriculture sector.