{ "Introduction": { "Background": { "text": "
A global maritime power during the 15th and 16th centuries, Portugal lost much of its wealth and status with the destruction of Lisbon in a 1755 earthquake, occupation during the Napoleonic Wars, and the independence of Brazil, its wealthiest colony, in 1822. A revolution deposed the monarchy in 1910, and for most of the next six decades, repressive governments ran the country. In 1974, a left-wing military coup ushered in broad democratic reforms. The following year, Portugal granted independence to all its African colonies. Portugal is a founding member of NATO and entered the EC (now the EU) in 1986.
" } }, "Geography": { "Location": { "text": "Southwestern Europe, bordering the North Atlantic Ocean, west of Spain" }, "Geographic coordinates": { "text": "39 30 N, 8 00 W" }, "Map references": { "text": "Europe" }, "Area": { "total ": { "text": "92,090 sq km" }, "land": { "text": "91,470 sq km" }, "water": { "text": "620 sq km" }, "note": "note: includes Azores and Madeira Islands" }, "Area - comparative": { "text": "slightly smaller than Virginia" }, "Land boundaries": { "total": { "text": "1,224 km" }, "border countries": { "text": "Spain 1,224 km" } }, "Coastline": { "text": "1,793 km" }, "Maritime claims": { "territorial sea": { "text": "12 nm" }, "contiguous zone": { "text": "24 nm" }, "exclusive economic zone": { "text": "200 nm" }, "continental shelf": { "text": "200-m depth or to the depth of exploitation" } }, "Climate": { "text": "maritime temperate; cool and rainy in north, warmer and drier in south" }, "Terrain": { "text": "the west-flowing Tagus River divides the country: the north is mountainous toward the interior, while the south is characterized by rolling plains" }, "Elevation": { "highest point": { "text": "Ponta do Pico (Pico or Pico Alto) on Ilha do Pico in the Azores 2,351 m" }, "lowest point": { "text": "Atlantic Ocean 0 m" }, "mean elevation": { "text": "372 m" } }, "Natural resources": { "text": "fish, forests (cork), iron ore, copper, zinc, tin, tungsten, silver, gold, uranium, marble, clay, gypsum, salt, arable land, hydropower" }, "Land use": { "agricultural land": { "text": "43.3% (2023 est.)" }, "agricultural land: arable land": { "text": "arable land: 10.1% (2023 est.)" }, "agricultural land: permanent crops": { "text": "permanent crops: 9.6% (2023 est.)" }, "agricultural land: permanent pasture": { "text": "permanent pasture: 23.6% (2023 est.)" }, "forest": { "text": "36.6% (2023 est.)" }, "other": { "text": "5.7% (2023 est.)" } }, "Irrigated land": { "text": "5,662 sq km (2019)" }, "Population distribution": { "text": "concentrations are primarily along or near the Atlantic coast; both Lisbon and the second largest city, Porto, are coastal cities" }, "Natural hazards": { "text": "Azores subject to severe earthquakeshigh-income EU and eurozone economy; strong services sector led by tourism and banking; tight labor market; growth driven by private consumption, trade surplus, and public investment from EU funds; declining public debt
" }, "Real GDP (purchasing power parity)": { "Real GDP (purchasing power parity) 2024": { "text": "$448.226 billion (2024 est.)" }, "Real GDP (purchasing power parity) 2023": { "text": "$439.745 billion (2023 est.)" }, "Real GDP (purchasing power parity) 2022": { "text": "$428.547 billion (2022 est.)" }, "note": "note: data in 2021 dollars" }, "Real GDP growth rate": { "Real GDP growth rate 2024": { "text": "1.9% (2024 est.)" }, "Real GDP growth rate 2023": { "text": "2.6% (2023 est.)" }, "Real GDP growth rate 2022": { "text": "7% (2022 est.)" }, "note": "note: annual GDP % growth based on constant local currency" }, "Real GDP per capita": { "Real GDP per capita 2024": { "text": "$41,900 (2024 est.)" }, "Real GDP per capita 2023": { "text": "$41,600 (2023 est.)" }, "Real GDP per capita 2022": { "text": "$41,100 (2022 est.)" }, "note": "note: data in 2021 dollars" }, "GDP (official exchange rate)": { "text": "$308.683 billion (2024 est.)", "note": "note: data in current dollars at official exchange rate" }, "Inflation rate (consumer prices)": { "Inflation rate (consumer prices) 2024": { "text": "2.4% (2024 est.)" }, "Inflation rate (consumer prices) 2023": { "text": "4.3% (2023 est.)" }, "Inflation rate (consumer prices) 2022": { "text": "7.8% (2022 est.)" }, "note": "note: annual % change based on consumer prices" }, "GDP - composition, by sector of origin": { "agriculture": { "text": "2% (2024 est.)" }, "industry": { "text": "18.4% (2024 est.)" }, "services": { "text": "66.4% (2024 est.)" }, "note": "note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data" }, "GDP - composition, by end use": { "household consumption": { "text": "62% (2023 est.)" }, "government consumption": { "text": "16.8% (2023 est.)" }, "investment in fixed capital": { "text": "20.1% (2023 est.)" }, "investment in inventories": { "text": "0.4% (2023 est.)" }, "exports of goods and services": { "text": "47.5% (2023 est.)" }, "imports of goods and services": { "text": "-46.4% (2023 est.)" }, "note": "note: figures may not total 100% due to rounding or gaps in data collection" }, "Agricultural products": { "text": "milk, tomatoes, olives, grapes, maize, pork, potatoes, chicken, apples, oranges (2023)", "note": "note: top ten agricultural products based on tonnage" }, "Industries": { "text": "textiles, clothing, footwear, wood and cork, paper and pulp, chemicals, fuels and lubricants, automobiles and auto parts, base metals, minerals, porcelain and ceramics, glassware, technology, telecommunications; dairy products, wine, other foodstuffs; ship construction and refurbishment; tourism, plastics, financial services, optics" }, "Industrial production growth rate": { "text": "1.2% (2024 est.)", "note": "note: annual % change in industrial value added based on constant local currency" }, "Labor force": { "text": "5.464 million (2024 est.)", "note": "note: number of people ages 15 or older who are employed or seeking work" }, "Unemployment rate": { "Unemployment rate 2024": { "text": "6.4% (2024 est.)" }, "Unemployment rate 2023": { "text": "6.6% (2023 est.)" }, "Unemployment rate 2022": { "text": "6.1% (2022 est.)" }, "note": "note: % of labor force seeking employment" }, "Youth unemployment rate (ages 15-24)": { "total": { "text": "21.2% (2024 est.)" }, "male": { "text": "21.6% (2024 est.)" }, "female": { "text": "20.7% (2024 est.)" }, "note": "note: % of labor force ages 15-24 seeking employment" }, "Population below poverty line": { "text": "16.4% (2021 est.)", "note": "note: % of population with income below national poverty line" }, "Gini Index coefficient - distribution of family income": { "Gini Index coefficient - distribution of family income 2022": { "text": "36.3 (2022 est.)" }, "note": "note: index (0-100) of income distribution; higher values represent greater inequality" }, "Average household expenditures": { "on food": { "text": "17.3% of household expenditures (2023 est.)" }, "on alcohol and tobacco": { "text": "3.1% of household expenditures (2023 est.)" } }, "Household income or consumption by percentage share": { "lowest 10%": { "text": "2.5% (2022 est.)" }, "highest 10%": { "text": "28.8% (2022 est.)" }, "note": "note: % share of income accruing to lowest and highest 10% of population" }, "Remittances": { "Remittances 2024": { "text": "0.6% of GDP (2024 est.)" }, "Remittances 2023": { "text": "0.6% of GDP (2023 est.)" }, "Remittances 2022": { "text": "0.6% of GDP (2022 est.)" }, "note": "note: personal transfers and compensation between resident and non-resident individuals/households/entities" }, "Budget": { "revenues": { "text": "$112.802 billion (2023 est.)" }, "expenditures": { "text": "$109.044 billion (2023 est.)" }, "note": "note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated" }, "Public debt": { "Public debt 2017": { "text": "125.7% of GDP (2017 est.)" }, "note": "note: data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions" }, "Taxes and other revenues": { "text": "22.8% (of GDP) (2023 est.)", "note": "note: central government tax revenue as a % of GDP" }, "Current account balance": { "Current account balance 2024": { "text": "$6.708 billion (2024 est.)" }, "Current account balance 2023": { "text": "$1.624 billion (2023 est.)" }, "Current account balance 2022": { "text": "-$5.356 billion (2022 est.)" }, "note": "note: balance of payments - net trade and primary/secondary income in current dollars" }, "Exports": { "Exports 2024": { "text": "$144.237 billion (2024 est.)" }, "Exports 2023": { "text": "$137.934 billion (2023 est.)" }, "Exports 2022": { "text": "$126.953 billion (2022 est.)" }, "note": "note: balance of payments - exports of goods and services in current dollars" }, "Exports - partners": { "text": "Spain 21%, France 11%, Germany 10%, USA 8%, UK 5% (2023)", "note": "note: top five export partners based on percentage share of exports" }, "Exports - commodities": { "text": "cars, garments, vehicle parts/accessories, unpackaged medicine, refined petroleum (2023)", "note": "note: top five export commodities based on value in dollars" }, "Imports": { "Imports 2024": { "text": "$136.976 billion (2024 est.)" }, "Imports 2023": { "text": "$133.617 billion (2023 est.)" }, "Imports 2022": { "text": "$132.193 billion (2022 est.)" }, "note": "note: balance of payments - imports of goods and services in current dollars" }, "Imports - partners": { "text": "Spain 33%, Germany 11%, France 7%, Netherlands 5%, China 5% (2023)", "note": "note: top five import partners based on percentage share of imports" }, "Imports - commodities": { "text": "cars, crude petroleum, vehicle parts/accessories, refined petroleum, garments (2023)", "note": "note: top five import commodities based on value in dollars" }, "Reserves of foreign exchange and gold": { "Reserves of foreign exchange and gold 2024": { "text": "$42.434 billion (2024 est.)" }, "Reserves of foreign exchange and gold 2023": { "text": "$35.243 billion (2023 est.)" }, "Reserves of foreign exchange and gold 2022": { "text": "$32.232 billion (2022 est.)" }, "note": "note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars" }, "Exchange rates": { "Currency": { "text": "euros (EUR) per US dollar -" }, "Exchange rates 2024": { "text": "0.924 (2024 est.)" }, "Exchange rates 2023": { "text": "0.925 (2023 est.)" }, "Exchange rates 2022": { "text": "0.95 (2022 est.)" }, "Exchange rates 2021": { "text": "0.845 (2021 est.)" }, "Exchange rates 2020": { "text": "0.876 (2020 est.)" } } }, "Energy": { "Electricity access": { "electrification - total population": { "text": "100% (2022 est.)" } }, "Electricity": { "installed generating capacity": { "text": "25.409 million kW (2023 est.)" }, "consumption": { "text": "50.317 billion kWh (2023 est.)" }, "exports": { "text": "3.422 billion kWh (2023 est.)" }, "imports": { "text": "13.656 billion kWh (2023 est.)" }, "transmission/distribution losses": { "text": "5.129 billion kWh (2023 est.)" } }, "Electricity generation sources": { "fossil fuels": { "text": "25.7% of total installed capacity (2023 est.)" }, "solar": { "text": "12.6% of total installed capacity (2023 est.)" }, "wind": { "text": "29% of total installed capacity (2023 est.)" }, "hydroelectricity": { "text": "24.7% of total installed capacity (2023 est.)" }, "geothermal": { "text": "0.4% of total installed capacity (2023 est.)" }, "biomass and waste": { "text": "7.6% of total installed capacity (2023 est.)" } }, "Coal": { "consumption": { "text": "7,000 metric tons (2023 est.)" }, "exports": { "text": "1 metric tons (2023 est.)" }, "imports": { "text": "6,000 metric tons (2023 est.)" }, "proven reserves": { "text": "3 million metric tons (2023 est.)" } }, "Petroleum": { "total petroleum production": { "text": "8,000 bbl/day (2023 est.)" }, "refined petroleum consumption": { "text": "204,000 bbl/day (2024 est.)" } }, "Natural gas": { "consumption": { "text": "4.325 billion cubic meters (2023 est.)" }, "imports": { "text": "4.251 billion cubic meters (2023 est.)" } }, "Energy consumption per capita": { "Total energy consumption per capita 2023": { "text": "73.285 million Btu/person (2023 est.)" } } }, "Communications": { "Telephones - fixed lines": { "total subscriptions": { "text": "5.505 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "53 (2023 est.)" } }, "Telephones - mobile cellular": { "total subscriptions": { "text": "12.9 million (2024 est.)" }, "subscriptions per 100 inhabitants": { "text": "124 (2024 est.)" } }, "Broadcast media": { "text": "Radio e Televisao de Portugal, the publicly owned TV broadcaster, operates 4 domestic channels and external service channels to Africa; roughly 40 domestic TV stations; widespread access to international broadcasters, with more than half of households connected to multi-channel cable or satellite TV systems; publicly owned radio operates 3 national networks and provides regional and external services; several privately owned national radio stations and about 300 regional and local commercial radio stations" }, "Internet country code": { "text": ".pt" }, "Internet users": { "percent of population": { "text": "86% (2023 est.)" } }, "Broadband - fixed subscriptions": { "total": { "text": "4.6 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "44 (2023 est.)" } } }, "Transportation": { "Civil aircraft registration country code prefix": { "text": "CR, CS" }, "Airports": { "text": "128 (2025)" }, "Heliports": { "text": "65 (2025)" }, "Railways": { "total": { "text": "2,526 km (2020) 1,696 km electrified" } }, "Merchant marine": { "total": { "text": "888 (2023)" }, "by type": { "text": "bulk carrier 110, container ship 299, general cargo 191, oil tanker 29, other 259" } }, "Ports": { "total ports": { "text": "18 (2024)" }, "large": { "text": "3" }, "medium": { "text": "2" }, "small": { "text": "4" }, "very small": { "text": "9" }, "ports with oil terminals": { "text": "5" }, "key ports": { "text": "Aveiro, Funchal, Lagos, Lisboa, Sines" } } }, "Military and Security": { "Military and security forces": { "text": "Portuguese Armed Forces (Forças Armadas Portuguesa): Portuguese Army (Exercito Portuguesa), Portuguese Navy (Marinha Portuguesa; includes Marine Corps, aka Corpo de Fuzileiros or Corps of Fusiliers), Portuguese Air Force (Forca Aerea Portuguesa, FAP)