Portuguese Republic

Capital: Lisbon                HDI: 0.822 (41st)

Language: Portuguese     GDP (PPP): $280.4 billion

Population: ~ 10.8 million            Currency: Euro


This Southern European country benefits from a strategic position on the Atlantic, high quality of life, and well developed service based economy. The Portuguese report higher quality of life than other EU countries such as the UK, Germany, and France, despite having lower income per capita. Currently the country is going through a period of austerity with the goal of increasing financial discipline and attracting more foreign direct investment. The government deficit has been reduced from around 10% of GDP to 4% of GDP. Portugal has experienced steady economic growth since 2014 and has been recently ranked within the top 30 most competitive countries on earth.





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