General profile: Portugal

GENERAL INFORMATION FOR 2019
Population
Population
Exchange rates
Exchange rate
GDP
GDP
10.226 Millions
0.893 EUR/US$
233 976 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 91 606 km²
0.34 %
2.16 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-1.9 %
Merchandise exports growth rate in 2019
Total merchandise trade
(millions of US$)
2005
2010
2015
2019
Merchandise exports
38 150
49 406
55 047
67 056
Merchandise imports
61 184
77 749
66 914
89 889
Merchandise trade balance
-23 034
-28 343
-11 867
-22 833
Export structure by product group in 2019
(as % of total exports)
5 %5 %77 %77 %6 %6 %12 %12 %
Top 5 partners in 2019
(exports, millions of US$)
16 7008 6888 0164 0753 40916 7008 6888 0164 0753 409
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2019
Services exports
15 097
23 150
27 640
(e) 39 104
Services imports
9 483
14 766
14 031
(e) 20 126
Services trade balance
5 614
8 384
13 609
(e) 18 978
Services exports by main category²
(as % of total services)
2005
2010
2015
2019
Transport
19.9
25.4
22.9
(e) 20.9
Travel
50.8
43.5
46.6
(e) 52.2
Other services
23.8
27.5
27.6
(e) 24.0
TRADE INDICES
More data on UNCTADstat
111108107103100949186847972818578747272706968999910010110097969495969894979798101102104104104
ECONOMIC TRENDS
More data on UNCTADstat
+2.2 %
Gross domestic product growth rate in 2019
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2019
GDP, current
197 175
237 881
199 314
233 976
GDP per capita, current US$
18 763
22 450
19 223
22 880
Real GDP growth, y-on-y, %
0.78
1.74
1.79
2.16
Current account balance, % of GDP
-9.60
-10.26
0.24
-0.10
Exchange rate (/US$)
0.804
0.754
0.901
0.893
GDP by expenditure in 2018
(as % of total GDP)
64.817.018.143.543.464.817.018.143.543.4
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
-0.2 %
FDI outflows as % of GDP in 2019
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2019
FDI inflows
2 234.48
2 912.03
7 630.07
8 234.43
FDI outflows
1 637.19
-9 456.02
5 225.83
-469.70
Personal remittances, % of GDP
1.55
1.57
2.20
1.85
Financial flows trends
(millions of US$)
4 326.94 512.34 497.94 433.24 377.84 446.04 455.03 990.93 922.03 726.13 788.64 287.74 161.43 485.33 060.53 302.93 039.82 927.53 647.43 496.18 2346 7947 5345 0667 6304 8978 4478 2297 4282 9121 6113 5502 80410 7682 2341 7887 9841 6306 1966 560FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2019
Balance, % of GDP
-8.56
-7.33
1.40
(e) 0.14
Balance, % of imports
-23.89
-19.48
3.53
(e) 0.31
Normalized balance
-0.136
-0.108
0.017
(e) 0.002
Trade openness²
(sum of imports and exports as % of GDP)
898784808181797674686273706963
LABOUR FORCE
Labour force by gender in 2019
(as % of total labour force, all sectors)
Male
53%Male 53%Female
47%Female 47%
OTHER INDICATORS
More data on UNCTADstat
0.985 %
Share of the total world merchant fleet in 2019
Maritime transport indicators
 
2005
2010
2015
2019
Merchant fleet, national flag (thousands of DWT)
1 757
1 288
5 259
19 595
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
37.15
44.55
59.21
Container port throughput (TEU)
..
1 399 648
2 702 500
2 920 700
Information economy indicators
(as % of)
2005
2010
2015
2019
Share of ICT goods, % of total exports
8.44
4.01
2.45
..
Share of ICT goods, % of total imports
8.78
5.70
4.94
..
Share of workforce involved in the ICT sector
2.59
(o) 2.64
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
n
Estimated. Data refers to 2016.
o
Number of persons employed in full time equivalent units.Total business economy includes repair of computers, personal and household goods; except financial and insurance activities.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 06 November 2020