FANDOM


Country summary

Capital

Lisbon

Borders

Spain 1,214 km

Government type

republic; parliamentary democracy

Population

10,707,924 (July 2010 est.)[1]

Population growth

0.275% (2010 est.)[1]

Life expectancy

78.21 years[1]

Unemployment

9.5% (2009 est.)[1]

Index of Economic Freedom

62[2]

Corruption Perceptions Index

35[3]

Doing Business ranking

48[4]


Following its heyday as a global maritime power during the 15th and 16th centuries, Portugal lost much of its wealth and status with the destruction of Lisbon in a 1755 earthquake, occupation during the Napoleonic Wars, and the independence of its wealthiest colony of Brazil in 1822. A 1910 revolution deposed the monarchy; for most of the next six decades, repressive governments ran the country. In 1974, a left-wing military coup installed broad democratic reforms. The following year, Portugal granted independence to all of its African colonies. Portugal is a founding member of NATO and entered the EC (now the EU) in 1986.[1]

Economical characteristicsEdit

  • Currency: Euro (ISO code: EUR)
  • Central bank discount rate: 3% (31 December 2008)[1]
  • Commercial banks lending rate: 8.35% (31 December 2008)[1]
  • is part of the Eurozone


StatisticsEdit

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 121 662 112 650 115 712 127 455 156 413 178 952 185 454 195 015 223 337 243 497
Govt. debt (% of GDP)[6] 60.581 60.248 60.978 65.245 67.166 70.836 74.452 73.234 71.134 76.018
Govt. revenue (% of GDP)[7] 34.624 34.925 34.473 35.532 36.960 39.538 37.887 38.458 39.109 39.213
Govt. expenses (% of GDP)[8] 38.802 38.735 39.627 40.082 41.195 42.125 43.284 42.181 41.605 42.919
Debt to revenue (years) 1.750 1.725 1.769 1.836 1.817 1.792 1.965 1.904 1.819 1.939

ReferencesEdit

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 CIA - The World Facebook. "Portugal", from The World Facebook. Referenced 2010-09-29.
  2. Heritage Foundation. "Portugal", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  3. Transparency International. "Portugal", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-29.
  4. Doing Business. "Portugal", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  5. World Bank. "Portugal: GDP", from World Bank Data. Referenced 2010-09-29.
  6. World Bank. "Portugal: government debt", from World Bank Data. Referenced 2010-09-29.
  7. World Bank. "Portugal: government revenue", from World Bank Data. Referenced 2010-09-29.
  8. World Bank. "Portugal: government expenses", from World Bank Data. Referenced 2010-09-29.

External linksEdit

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.