Data at glance of Portugal - average on period

variable 1980-1989 1990-1999 2000-2007 2008-2009 2010-2019 2020 2021 2022 2023 2024
real gdp growth 3.81 3.0 1.1 -0.69 -0.16 5.56 6.99 2.61 1.93 1.96
CPI % 17.43 4.72 3.01 0.24 1.07 0.94 8.1 5.26 2.67 1.95
Unemployment rate 7.5 5.85 7.35 10.84 11.62 6.72 6.19 6.59 6.47 6.38
Debt/GDP % 60.21 58.91 67.84 93.94 126.55 123.88 111.23 97.73 94.93 91.79
Current account balance/GDP % -2.97 -4.08 -9.34 -10.31 -0.15 -0.66 -2.02 0.55 2.15 1.7

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

A global maritime power during the 15th and 16th centuries, Portugal lost much of its wealth and status with the destruction of Lisbon in a 1755 earthquake, occupation during the Napoleonic Wars, and the independence of Brazil, its wealthiest colony, in 1822. A revolution deposed the monarchy in 1910, and for most of the next six decades, repressive governments ran the country. In 1974, a left-wing military coup ushered in broad democratic reforms. The following year, Portugal granted independence to all its African colonies. Portugal is a founding member of NATO and entered the EC (now the EU) in 1986.

Environment

Area: 92,090 km2

Climate: maritime temperate; cool and rainy in north, warmer and drier in south

Natural resources: fish, forests (cork), iron ore, copper, zinc, tin, tungsten, silver, gold, uranium, marble, clay, gypsum, salt, arable land, hydropower

Ethnic characteristics

Groups: Portuguese 95%; citizens from Portugal’s former colonies in Africa, Asia (Han Chinese), and South America (Brazilian) and other foreign born 5%

Languages: Portuguese (official), Mirandese (official, but locally used)

Religions: Roman Catholic 79.7%, Protestant 2.2%, other Christian 2.5%, other non-Christian, 1.1%, none 14.5% (2021 est.)note: data represent population 15 years of age and older

Government

Capital: Lisbon

Government type: semi-presidential republic

Executive branch

Chief of state: President Marcelo REBELO DE SOUSA (since 9 March 2016)

Head of government: Prime Minister Antonio Luis MONTENEGRO (since 2 April 2024)cabinet: Council of Ministers appointed by the president on the recommendation of the prime ministerelection/appointment process: president directly elected by absolute-majority popular vote in 2 rounds, if needed, for a 5-year term (eligible for a second term); following legislative elections, the president usually appoints the leader of the majority party or majority coalition as prime ministermost recent election date: 24 January 2021election results: 2021: Marcelo REBELO DE SOUSA reelected president in the first round; percent of vote - Marcelo REBELO DE SOUSA (PSD) 60.7%, Ana GOMES (ran as an independent but is a member of PS) 13%, Andre VENTURA (CH) 11.9%, João FERREIRA (PCP-PEV) 4.3%, other 10.1%2016: Marcelo REBELO DE SOUSA elected president in the first round; percent of vote - Marcelo REBELO DE SOUSA (PSD) 52%, António SAMPAIO DA NOVOA (independent) 22.9%, Marisa MATIAS (BE) 10.1%, Maria DE BELEM ROSEIRA (PS) 4.2%, other 10.8%expected date of next election: January 2026note: there is also a Council of State that acts as a consultative body to the president

Legislative branch

Description: legislature name: Assembly of the Republic (Assembleia da Republica)legislative structure: unicameralnumber of seats: 230 (all directly elected)electoral system: proportional representationscope of elections: full renewalterm in office: 4 yearsmost recent election date: 5/18/2025parties elected and seats per party: Social Democratic Party (PPD/PSD) - Democratic and Social Centre - People's Party (CDS-PP) (88); Chega (CH) (60); Socialist Party (PS) (58); Other (24)percentage of women in chamber: 35.7%expected date of next election: September 2029

Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"