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Portugal - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
173.824  
175.467  
Real GDP growth (constant prices)
0.5 % 
1.2 %
GDP per capita (USD)
16524.797  
16664.292  
Inflation rate
2.3 % 
2.5 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 121.9   147.9   168.3  
Real GDP growth (constant prices) 0.4 % -1.2 % 1.0 %
GDP per capita (USD) 10485   10284   10395  
Inflation rate 3.5 % 3.3 % 2.4 %
Unemployment rate 5.1%   6.4%   6.7%  
External debt (USD billion) ..   ..   ..  
Euro rate on 12/31 (1 US$)   0.9541   0.7967   0.7386  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 3.7%   ..   ..  
Industry and mining 28.7%   ..     ..  
Services 67.6%   ..     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 1767   6558   1112   56 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 39.6   46.4   56.0  
Export of goods (f.o.b) 27.2   33.2   38.1  
Trade balance -12.5   -13.2   -17.9  
Balance of payments -9.1   -7.9   -12.7  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 67.9%   ..   ..  
Share of imports in GDP 37.6%   ..   ..  
Share of exports in GDP 30.3%   ..   ..  
Imports of goods and services (percent change) -0.6%   ..   ..  
Exports of goods and services (percent change) 2.4%   ..   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     46.4     33.2    
Agricultural raw materials 2%   2%  
Food products 13%   8%  
Hydrocarbons 10%   2%  
Manufactured products (chemicals, machines,...) 73%   86%  
Ores and metals 2%   2%  
Other goods 0%   0%  


2003 Imports Exports
Total Trade in Services (USD billion): 8   12  
Transport 32%   21%  
Tourisme 32%   58%  
Other services (insurance, financial services, telecommunications,...) 36%   21%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Spain   24.9%  
France   14%  
Germany   13.5%  
United Kingdom   9.6%  
USA   6.1%  

Main suppliers
(% of imports)
2004
Spain   29.3%  
Germany   14.3%  
France   9.3%  
Italy   6.1%  
United Kingdom   4.6%  
Source : COMTRADE


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Last modified in October 2005
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