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General profile: Portugal

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
10.271 Millions
0.950 EUR/US$
251 778 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 91 606 km²
8.10 %
6.69 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+9.4 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
38 150
49 406
55 047
82 273
Merchandise imports
61 184
77 749
66 914
114 848
Merchandise trade balance
-23 034
-28 343
-11 867
-32 575
Export structure by product group in 2022
(as % of total exports)
5 %5 %74 %74 %8 %8 %13 %13 %
Top 5 partners in 2022
(exports, millions of US$)
21 49310 2258 9855 3454 04921 49310 2258 9855 3454 049
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
(e) 15 097
23 150
27 640
46 537
Services imports
(e) 9 483
14 766
14 031
23 877
Services trade balance
(e) 5 614
8 384
13 609
22 661
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
19.9
25.4
22.9
20.4
Travel
50.8
43.5
46.6
47.8
Other services
23.8
27.5
27.6
29.4
TRADE INDICES
More data on UNCTADstat
1081011111081071031009491868479728185787472727068689899999910010110097969495969894979898101102105104104
ECONOMIC TRENDS
More data on UNCTADstat
+6.7 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
197 175
237 881
199 314
251 778
GDP per capita, current US$
18 737
22 466
19 229
24 514
Real GDP growth, y-on-y, %
0.78
1.74
1.79
6.69
Current account balance, % of GDP
-9.60
-10.26
0.24
-1.34
Exchange rate (/US$)
0.804
0.754
0.901
0.950
GDP by expenditure in 2021
(as % of total GDP)
63.518.820.641.644.663.518.820.641.644.6
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+1.1 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
3 011.21
1 988.49
9 181.74
9 099.40
FDI outflows
2 628.36
-10 065.06
4 810.76
2 713.90
Personal remittances, % of GDP
2.20
2.30
3.53
4.09
Financial flows trends
(millions of US$)
10 296.310 643.09 692.49 228.29 114.88 235.57 128.87 036.58 034.97 308.96 566.46 141.15 467.15 517.86 414.35 815.54 912.54 331.14 385.03 849.33 523.94 023.23 712.49 0999 6157 68312 2517 1816 9285 6899 1824 5668 2208 1535 9571 9881 2822 1043 0207 4713 0112 5617 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
2022
Balance, % of GDP
(e) -8.56
-7.33
1.40
-2.07
Balance, % of imports
(e) -23.89
-19.48
3.53
-3.95
Normalized balance
(e) -0.136
-0.108
0.017
-0.020
Trade openness²
(sum of imports and exports as % of GDP)
1028676878684808181797674686273706963
LIVING AREA
Population by living area in 2022
(% of population)
Urban
67%Urban 67%Rural
33%Rural 33%
OTHER INDICATORS
More data on UNCTADstat
1.179 %
Share of the total world merchant fleet in 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
1 757
1 288
5 259
25 972
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
36.94
44.57
62.27
Container port throughput (TEU)
..
1 636 246
2 739 185
2 794 454
Information economy indicators
(as % of)
2005
2010
2015
2022
Share of ICT goods, % of total exports
8.44
4.01
2.45
3.28
Share of ICT goods, % of total imports
8.78
5.70
4.94
5.59
Share of workforce involved in the ICT sector
2.59
(r) 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.
q
Estimated. Data refers to 2020.
r
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: 21 December 2023