| 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
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.
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
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
Capital: Lisbon
Government type: semi-presidential republic
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
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/"