Portugal

The Global Competitiveness Report for 2005, published by the World Economic Forum, placed Portugal’s competitiveness in the 22nd position, but the 2008-2009 edition placed Portugal in the 43rd position out of 134 countries and territories.Research about quality of life by the Economist Intelligence Unit’s quality of life survey placed Portugal as the country with the 19th-best quality of life in the world for the year 2005, ahead of other economically and technologically advanced countries like France, Germany, the United Kingdom and South Korea, but 9 places behind its only neighbour, Spain. This is despite the fact that Portugal remains the country with the lowest per capita GDP in Western Europe.

Demographic Data

Economic Data

Cultural & Other Data

GDP (PPP, $bn)

237.3

Capital

Lisbon

Area (sq. km.)

92,391

GDP Real

Growth (%)

0.2

Other Large Cities

Porto

Population (million)

10.7

PerCap GDP ($)

22,000

Primary Language

Portuguese

Population

Growth %

0.275

Prime Lending

Rate (%)

7.92

Urban

Population %

59

% Population

Under 15yrs

16.3

Inflation Rate%

2.9

Urban Growth %

1.4

Population below

poverty line (%)

18

Unemployment%

7.6

Literacy

(% of population)

93.3

Agricultural Workers

(% of population)

10

Foreign Direct

Investment($bn)

118.1

Education spending

as % of GDP

5.5

Industrial Workers

(% of population)

30

Debt-External

($bn)

461.2

CPI Score

(1-10)*

6.1

Service Workers

(% of population)

60

Exports ($bn)

57.8

Corporate Income Tax %

25

Labor Force (mil)

5.64

Imports ($bn)

87.92

Ease of Doing

Business Ranking **

48

CURRENCY EXCHANGE RATE

05/08/09 $1 = 0.75 Euro

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