Economy of Portugal. Statistics, Data and Indicators
Portugal
| 44BBB- | Credit rank #69 |
| 166.71 | Quality of life #18 |
| 33 | Corruption rank#28 |
| 39 | Ease of doing business#34 |
Portugal Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 254 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.1 % | 4Q/22 |
| GDP Growth Rate | 0.2 % | 4Q/22 |
| GDP per capita | 20831 USD | 2021 |
| Inflation Rate YoY | 8.3 % | Jan/23 |
| Interest Rate | 2.5 % | Dec/22 |
| Unemployment Rate | 5.8 % | 3Q/22 |
| Wages | 1188 EUR/ Month | 1292.569 USD/Month | 2019 |
| Balance of Trade | -2433 EUR Million | -2.651 B USD | Nov/22 |
| Current Account | -533 EUR Million | -0.581 B USD | Nov/22 |
| Foreign Exchange Reserves | 30335 EUR Million | 33.053 B USD | Dec/22 |
| Government Debt | 279873 EUR Million | 304.946 B USD | 3Q/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 254 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.1 % | 4Q/22 |
| GDP Growth Rate | 0.2 % | 4Q/22 |
| GDP per capita | 20831 USD | 2021 |
| Gross National Product | 60800 EUR Million | 66.152 USD Billion | 3Q/22 |
| GDP Constant Prices | 52691 EUR Million | 57.329 B USD | 3Q/22 |
| GDP per capita PPP | 33675 USD | 2021 |
| GDP From Agriculture | 955 EUR Million | 1.039 B USD | 3Q/22 |
| GDP From Construction | 1918 EUR Million | 2.087 B USD | 3Q/22 |
| GDP From Manufacturing | 6542 EUR Million | 7.118 B USD | 3Q/22 |
| GDP From Services | 9090 EUR Million | 9.89 B USD | 3Q/22 |
| GDP From Transport | 4157 EUR Million | 4.523 B USD | 3Q/22 |
| GDP From Utilities | 1531 EUR Million | 1.666 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 127 % | 2021 |
| Government Budget Value | -3263 EUR Million | -3.555 USD Billion | Nov/22 |
| Government Spending | 9054 EUR Million | 9.865 USD Billion | 3Q/22 |
| Government Debt | 279873 EUR Million | 304.946 USD Billion | 3Q/22 |
| Government Revenues | 51561 EUR Million | 56.18 USD Billion | Nov/22 |
| Fiscal Expenditure | 54824 EUR Million | 59.735 B USD | Nov/22 |
| Government Budget to GDP | -2.9 % | 2021 |
| Government Spending to GDP | 48.1 % | 2021 |
| Military Expenditure | 4909 USD Million | 4.909 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 117 index points | Dec/22 |
| Food Inflation | 19.91 % | Dec/22 |
| Gasoline Prices | 1.57 USD/Liter | Jan/23 |
| GDP Deflator | 5 % | 3Q/22 |
| Inflation Rate YoY | 8.3 % | Jan/23 |
| Producer Prices | 130 index points | Dec/22 |
| Inflation Rate Mom | -0.9 % | Jan/23 |
| Core Consumer Prices | 114 Index Points | Dec/22 |
| Core Inflation Rate | 7.03 % | Jan/23 |
| CPI Housing Utilities | 133 Index Points | Dec/22 |
| CPI Transportation | 113 Index Points | Dec/22 |
| Harmonised Consumer Prices | 116 Index Points | Dec/22 |
| Producer Prices Change | 10.6 % | Dec/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -1.1 % | 2021 |
| Weapons Sales | 46 USD Million | 2020 |
| Balance of Trade | -2433 EUR Million | -2.651 USD Billion | Nov/22 |
| Capital Flows | -356 EUR Million | -0.388 USD Billion | Nov/22 |
| Current Account | -533 EUR Million | -0.581 USD Billion | Nov/22 |
| Exports | 7204 EUR Million | 7.849 USD Billion | Nov/22 |
| External Debt | 405306 EUR Million | 441.616 USD Billion | 3Q/22 |
| Foreign Exchange Reserves | 30335 EUR Million | 33.053 USD Billion | Dec/22 |
| Imports | 9637 EUR Million | 10.5 USD Billion | Nov/22 |
| Tourism Revenues | 1227 EUR Million | 1.337 B USD | Nov/22 |
| Tourist Arrivals | 2924439 Persons | 2.924 Million Persons | Nov/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 4.24 % | Nov/22 |
| Gold Reserves | 383 Tonnes | 3Q/22 |
| Interbank Rate | 2.07 % | Dec/22 |
| Interest Rate | 2.5 % | Dec/22 |
| Loans to Private Sector | 75375 EUR Million | 82.128 USD Billion | Dec/22 |
| Money Supply M0 | 34699 EUR Million | 37.808 USD Billion | Dec/22 |
| Money Supply M1 | 203974 EUR Million | 222.247 USD Billion | Dec/22 |
| Money Supply M2 | 315482 EUR Million | 343.745 USD Billion | Dec/22 |
| Central Bank Balance Sheet | 198597 EUR Million | 216.388 B USD | Dec/22 |
| Foreign Direct Investment | 1874 EUR Million | 2.042 B USD | Nov/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 887 EUR/Month | 965.075 USD/Month | 1Q/23 |
| Retirement Age Men | 66.58 | 2022 |
| Retirement Age Women | 66.58 | 2022 |
| Unemployment Rate | 5.8 % | 3Q/22 |
| Wages | 1188 EUR/ Month | 1292.569 USD/Month | 2019 |
| Youth Unemployment Rate | 18.2 % | Nov/22 |
| Employed Persons | 4870 Thousand Person | 4.87 Million Person | Nov/22 |
| Employment Change | -0.2 % | 3Q/22 |
| Employment Rate | 56.7 % | 3Q/22 |
| Full Time Employment | 4566 Thousand Person | 3Q/22 |
| Job Vacancies | 6786 | 6.786 K | Dec/22 |
| Labor Force Participation Rate | 60.2 % | 3Q/22 |
| Living Wage Family | 990 EUR/Month | 1116.122 USD/Month | 2018 |
| Living Wage Individual | 670 EUR/Month | 755.355 USD/Month | 2018 |
| Long Term Unemployment Rate | 2.5 % | 3Q/22 |
| Part Time Employment | 363 Thousand Persons | 3Q/22 |
| Unemployed Persons | 339 Thousand Persons | 0.339 Million Persons | Nov/22 |
| Unemployment Change | 7598 Persons | 7.598 K Persons | Nov/22 |
| Wage Growth | 10.6 % | Nov/22 |
| Wages High Skilled | 1430 EUR/Month | 1612.176 USD/Month | 2018 |
| Wages Low Skilled | 659 EUR/Month | 742.954 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 21 % | 2022 |
| Personal Income Tax Rate | 48 % | 2022 |
| Sales Tax Rate | 23 % | 2022 |
| Social Security Rate | 34.75 % | 2022 |
| Social Security Rate For Companies | 23.75 % | 2022 |
| Social Security Rate For Employees | 11 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 3735 GWh | Oct/22 |
| Industrial Production | 2.5 % | Dec/22 |
| Mining Production | -12.15 % | Dec/22 |
| Car Production | 24277 Units | 24.277 Units | Dec/22 |
| Industrial Production (MoM) | 4.1 % | Dec/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 1.4 index points | Jan/23 |
| Corruption Index | 62 index points | 2022 |
| Corruption Rank | 33 place | 2022 |
| Ease of Doing Business | 39 place | 2019 |
| Manufacturing Production | 0.51 % | Dec/22 |
| Competitiveness Index | 70.45 Index Points | 2019 |
| Competitiveness Rank | 34 | 2019 |
| Leading Economic Index | 5.5 % | Dec/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -37 index points | Jan/23 |
| Private Debt To GDP | 254 % | 2021 |
| Retail Sales MoM | -3.1 % | Dec/22 |
| Retail Sales YoY | -1.8 % | Dec/22 |
| Consumer Credit | 129250 EUR Million | 140.829 USD Billion | Dec/22 |
| Consumer Spending | 33264 EUR Million | 36.244 USD Billion | 3Q/22 |
| Disposable Personal Income | 47879 EUR Million | 52.168 B USD | 3Q/22 |
| Households Debt To GDP | 63.6 % | 2Q/22 |
| Households Debt To Income | 94.23 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 0.5 % | Nov/22 |
