Portugal is a member state of the European Union, is located in southwestern Europe, and has a population of 10.31 million. Portugal’s capital city is Lisbon, its strategic location has turned it into one of the most influential cities due to its domination of the Atlantic.
Portugal is led by Marcelo Rebelo De Sousa who took office on March 9, 2016. It is a politically stable country with a left-wing government, a Socialist Party.
Since 1974, Portugal has been among the top developed countries to have a high human development index.
Portugal appears to be a place that is secure, away from geopolitical conflicts, attached to Europe, and offering an excellent quality of life. The population consists of a largely homogeneous Mediterranean community, with a minority of people of various origins (Brazil, Cape Verde, England, Romania, etc..), many of whom emigrated during decolonization.
In addition to attracting retirees seeking peace and tax benefits, Portugal also attracts entrepreneurs. In 2015, the unemployment rate was around 12.4%, and today, despite the various crises including the Covid-19 Pandemic, the unemployment rate in Portugal has fallen to 5.7% (compared to 7.62% in March 2021). The unemployment rate continues to decline, which allows the economy to record strong growth.
Real estate, the reliability of investment in stone
Agriculture, a very promising sector
Tourism, a safe sector with a future
Agribusiness, an important industry for the economy
Electronics, a technological sector with great potential
NTIC, an innovative sector in constant progression
Wine, a Portuguese tradition that bears fruit
Renewable energies, which contribute to sustainable development
Fishing, a major economic activity in the country
Crypto-currencies, a well-known virtual currency in Portugal
Biotechnology, an innovative sector
Portuguese forestry, investing in a dynamic sector
Raw materials, investing in lithium for example
Practical informations :
CAPITAL : Lisboa
LEADER : Marcelo Rebelo de Sousa
POPULATION : 10.31 millions
AREA : 92 212 km²
LANGUAGES : Portuguese, English, Spanish, French and Mirandese
CHANGE : Euro €
GPD GROWTH : 4,9% (2021)
UNEMPLOYEMENT : 6,6% (2021)
AREA CODE : +91