As per International Monetary Fund (IMF)
Portugal’s nominal gross domestic product is expected to grow at a CAGR of
2.85% from it’s 2015 level of Euro 179.54 billion and reach Euro 218.633
billion by 2022.
Portugal, officially the Portuguese Republic,
is a unitary semi-presidential republic. It is located in South-Western Europe,
on the Iberian Peninsula, and it is the westernmost country of mainland Europe,
being bordered by the Atlantic Ocean to the west and south and by Spain to the
north and east. Aside from continental Portugal, the Portuguese Republic holds
sovereignty over the Atlantic archipelagos of Azores and Madeira, which are
autonomous regions of Portugal. The country is named after its second largest
city, Porto, whose Latin name was Portus Cale.
Portugal had estimated population of 10.325
million in the year 2016 and expected to reach 10.115 million by 2022.
Portugal's around 4.674 million was employed in 2016 and the unemployment rate
was 11.066% of total labor force.
Portugal's real gross domestic product (GDP)
was around Euro 173.796 billions in 2016 whereas the nominal GDP was Euro
185.035 billions. This resulted in GDP deflator 106.467. Per capita GDP was
estimated at USD 19831.61 whereas purchasing power parity (PPP) based per
capita GDP was estimated to be at USD 28933.32.
The output gap for Portugal in 2016 was
negative at 2.654% of the potential GDP. Which is further expected to decline
at a CAGR of 48,41% by 2018.
In 2016, Portugal government's revenue was
Euro 80.446 billions whereas the expenditure was Euro 84.706 billions. This
resulted Portugal government's net lending / borrowing negative at Euro 4.259
billion in 2016 indicating that enough financial resources were not made
available by the government to boost economic growth.
The current account balance for Portugal was
estimated to be at USD 1.722 billions for the year 2016 and is expected to
decline at a CAGR of 259.29% and reach USD 3.591 by 2022.
Scope of the Portugal
PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Portugal.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Portugal.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Portugal.
- These reports provide risk analysis for Portugal.
For more information and to purchase Portugal
PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/portugal-pestel-analysis-market-research-report
For more information and to purchase Portugal
SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/portugal-swot-analysis-market-research-report
For more information and to purchase Portugal
Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/portugal-risk-analysis-market-research-report
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