Europe

Portugal
Last reviewed: 17 August 2009

Country information

Portugal today
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ECONOMY

Basic Economic Facts

GDP: €166 billion (2008)
GDP per head: 75% of EU 27 (2008)
( €15.3k; in ppp: €18.9k in 2007)
Annual growth: 0% (2008)
Inflation: 2.6% (2008)
Unemployment: 7.6% (2008)
Major industries: Automotive components, tourism, textiles, footwear, wood products, metalworking, oil refining, chemicals, wine, pulp and paper.
Major trading partners: EU (especially Spain, Germany, France, & the UK), the US, Brazil and increasingly Angola.