Labor force | 5.296 million (2022 est.) |
---|---|
Industrial production growth rate | 1.84% (2022 est.) |
Industries | 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 |
Population below poverty line | 16.4% (2021 est.) |
Taxes and other revenues | 22.01% (of GDP) (2021 est.) |
Fiscal year | |
Exchange rates | |
Currency | euros (EUR) per US dollar - |
Exchange rates 2022 | 0.95 (2022 est.) |
Exchange rates 2021 | 0.845 (2021 est.) |
Exchange rates 2020 | 0.876 (2020 est.) |
Exchange rates 2019 | 0.893 (2019 est.) |
Exchange rates 2018 | 0.847 (2018 est.) |
Debt - external | |
Debt - external 2019 | $462.431 billion (2019 est.) |
Debt - external 2018 | $483.206 billion (2018 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2022 | $32.232 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $32.535 billion (2021 est.) |
Reserves of foreign exchange and gold 2020 | $29.46 billion (2020 est.) |
Current account balance | |
Current account balance 2022 | -$3.108 billion (2022 est.) |
Current account balance 2021 | -$2.987 billion (2021 est.) |
Current account balance 2020 | -$2.292 billion (2020 est.) |
Public debt | |
Public debt 2017 | 125.7% of GDP (2017 est.) |
Public debt 2016 | 129.9% of GDP (2016 est.) |
Budget | |
Revenues | $102.052 billion (2019 est.) |
Expenditures | $101.854 billion (2019 est.) |
Budget surplus (+) or deficit (-) | -3% (of GDP) (2017 est.) |
Remittances | |
Remittances 2022 | 4.03% of GDP (2022 est.) |
Remittances 2021 | 0.3% of GDP (2021 est.) |
Remittances 2020 | 0.32% of GDP (2020 est.) |
Household income | |
Lowest 10% | 2.4% |
Highest 10% | 26.9% (2020 est.) |
Average household expenditures | |
On food | 17.5% of household expenditures (2021 est.) |
On alcohol and tobacco | 3.1% of household expenditures (2021 est.) |
Imports | |
Imports 2022 | $131.627 billion (2022 est.) |
Imports 2021 | $112.413 billion (2021 est.) |
Imports 2020 | $89.515 billion (2020 est.) |
Imports (partners) | Spain 31%, Germany 11%, France 6%, China 5%, Italy 5% (2022) |
Comodities Imports force | crude petroleum, cars, refined petroleum, natural gas, vehicle parts/accessories (2022) |
Exports | |
Imports 2022 | $131.627 billion (2022 est.) |
Imports 2021 | $112.413 billion (2021 est.) |
Imports 2020 | $89.515 billion (2020 est.) |
Exports (partners) | Spain 25%, France 12%, Germany 11%, US 7%, UK 5% (2022) |
Comodities Exports force | cars, garments, refined petroleum, vehicle parts/accessories, plastic products (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2022 | $372.331 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $348.535 billion (2021 est.) |
Real GDP (purchasing power parity) 2020 | $329.623 billion (2020 est.) |
GDP (official exchange rate) | $255.197 billion (2022 est.) |
Real GDP Per capita | |
Real GDP per capita 2022 | $35,800 (2022 est.) |
Real GDP per capita 2021 | $33,600 (2021 est.) |
Real GDP per capita 2020 | $32,000 (2020 est.) |
GDP - composition, by sector of origin | |
Agriculture | 2.2% (2017 est.) |
Industry | 22.1% (2017 est.) |
Services | 75.7% (2017 est.) |
GDP - composition, by end use | |
Household consumption | 65.1% (2017 est.) |
Government consumption | 17.6% (2017 est.) |
Investment in fixed capital | 16.2% (2017 est.) |
Investment in inventories | 0.1% (2017 est.) |
Exports of goods and services | 43.1% (2017 est.) |
Imports of goods and services | -42.1% (2017 est.) |
Unemployment rate | |
Unemployment rate 2022 | 6.01% (2022 est.) |
Unemployment rate 2021 | 6.58% (2021 est.) |
Unemployment rate 2020 | 6.8% (2020 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 23.1% (2021 est.) |
Male | 20.6% |
Female | 26.2% |
Want to know more about Portugal? Check all different factbooks for Portugal below.