Introduction

flag Portugal Portugal: Introduction

Capital: Lisbon

Population

Total Population: 10,379,007
Natural Increase: 0.5%
Density: 113 Inhabitants/km²
Urban Population: 67.4%
Population of main cities: Lisbon (552,700); Porto (237,600); Vila Nova de Gaia (186,500); Amadora (175,200); Braga (136,900); Funchal (111,600); Coimbra (105,900); Setúbal (98,200); Almada (96,400)
Ethnic Origins: The population is made up of a largely homogeneous Mediterranean community, with a minority of people of Asian or African origin, many of whom immigrated during decolonisation. The largest groups of foreign residents in Portugal are Brazilians, Cape Verdeans, British, Romanians, Ukrainians and Chinese. (National Institute of Statistics of Portugal).
Official Language: Portuguese
Other Languages Spoken: Spanish, French and English are the foreign languages best known and utilised in business relations.
Business Language(s): The language utilised depends on the age of your business contact. Typically, those under 40 will also speak English. Those over 40 tend to speak French. That being said, Spanish is gaining ground within the Portuguese business scene.
Religion: Catholics: 95%
Literacy Rate: 93.8%

Local Time:

It is %T:%M %A In Lisbon

Exchange Rate on :

National Currency: Euro (EUR)

Country Overview

Area: 92,230 km²
Type of State: Portugal is a republic based on a parliamentary democracy. The constitution establishes a 'semi-presidential' regime for the country.
Type of Economy: High-income economy, OECD member.
High level of deficit and public debt since the economic crisis
HDI*: 0.830/1
HDI (World Rank): 43/188

Note: (*) The HDI, Human Development Index, is an Indicator Which Synthesizes Several Data Such as Life Expectancy, Level of Education, Professional Careers, Access to Culture etc.

Telecommunication

Telephone Code:
To call from Portugal, dial 00
To call Portugal, dial +351
Internet Suffix: .pt
Computers: 17.2 per 100 Inhabitants
Telephone Lines: 42.6 per 100 Inhabitants
Internet Users: 64.0 per 100 Inhabitants
Access to Electricity: 100% of the Population

Foreign Trade in Figures

 
Foreign Trade Indicators 20192020202120222023
Imports of Goods (million USD) 89,53877,89598,200115,080113,475
Exports of Goods (million USD) 67,06361,49675,22982,46383,901
Imports of Services (million USD) 19,90515,64020,09823,99325,613
Exports of Services (million USD) 39,99925,48932,44546,64956,010

Source: WTO – World Trade Organisation, Latest data available.

 

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Latest Update: July 2024