The Economy of Portugal
Portugal at a Glance
Portugal is a small Atlantic economy that moved from dictatorship and empire to the EU, tourism and a surprising technology scene.
Portugal is a country of about ten million people on the western edge of Europe, with a long Atlantic coast and two island regions, the Azores and Madeira.
Economy
Services and tourism dominate, with manufacturing of cars, textiles, footwear and cork products.
Position
It is one of Western Europe’s poorer countries, with lower incomes than the EU average.
Story
Its recent history mixes a democratic revolution, EU integration, a debt crisis and a strong comeback.
Tourists visit Lisbon, Porto and the Algarve coast, spending in hotels, restaurants and shops.
It has a varied economy.
- Portugal lies on Europe's Atlantic edge.
- Services and tourism lead.
- Incomes are below the EU average.
- It had a crisis and a comeback.
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