Country Sheet : Portugal

Information file

Last Update on 29th October 2024

PORTUGAL

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In English - version of 29th October 2024

Geography

Area : 92,226 km²

Borders : 1,214 km (with Spain)

Coastline : 1,793 km

Capital : Lisbon

Official language : Portuguese

Flag

Population

Population : 10,639,726 inhabitants (2023)

Crude natural change rate : -3.1‰ (2023 est.)

Population repartition: 12.9% under 15 years old, 23.9% over 65 years old (2023)

Foreign residents: 2% EU nationals, 5% non EU nationals (2021)

Crude net migration rate: 14.7‰ (2023)

First time asylum applicants: 2,695 (2023)

Life expectancy: men 79.5 years, women 85.2 years (2023)

Religions: Roman Catholic 80.2%, none 14.09%, Protestant 2.13%, other religions 3.59% (2021)

Ethnic groups: homogeneous Mediterranean population with African and Eastern European minorities

Source : Eurostat, Statista, Portuguese National Institute of statistics

Economy

Currency: Euro

GDP: € 267,384 million (2023)

GDP per capita (PPS): € 19,250 (2023)

GDP growth : 2.5% (2023)

Inflation: 2.1% (September 2024)

Public debt: 100.4% of GDP (Q1 2024)

Unemployment: 6.4% (August 2024)

Budget balance: +1.20% of GDP (2023)

Source : Eurostat, ECB, OECD, Country economy, Trading economics

Political system

Republic, parliamentary democracy

Head of State: Rebelo de Sousa (Social Democratic Party-PSD) elected on 24th January 2016, by direct universal suffrage for a 5-year mandate, and reelected for a second and last mandate on 24th January 2021.

Prime minister: Luis Montenegro (Social Democratic Party, PSD) in office since April 2nd 2024. His center-right political coalition, the Democratic Alliance, won 80 of the 230 seats in Parliament in the parliamentary elections held on March 10th 2024. With around 30% of the vote, his government does not have an absolute majority in Parliament, but a relative one.

Legislative power is held by the Assembly of the Republic (Assembleia da República), which comprises 230 members who are elected for four years.