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The economy of Portugal is ranked 34th in the World Economic Forum's Global Competitiveness Report for 2019. [31] The great majority of the international trade is done within the European Union (EU), whose countries received 71.4% of the Portuguese exports and were the origin of 74.6% of the Portuguese imports in 2020. [32]
The country adopted the euro in 1999. Despite being both a developed country and a high income country, Portugal's GDP per capita was of about 80% of the EU-27 average. [13] The Global Competitiveness Report of 2008–2009 ranked Portugal 43rd out of 134 countries and territories. [14]
This is an accepted version of this page This is the latest accepted revision, reviewed on 2 January 2025. Country with a developed economy and infrastructure "Industrial nation" redirects here. For the magazine, see Industrialnation. Not to be confused with Developing country. For the investing classification, see Developed market. Developed countries (IMF) Developing countries (IMF) Least ...
It is the westernmost country of mainland Europe. Portugal is a developed country with a high-income advanced economy and a high living standard. [1] [2] [3] It is the 5th most peaceful country in the world, [4] maintaining a unitary semi-presidential republican form of government.
Portugal, [e] officially the Portuguese Republic, [f] is a country in the Iberian Peninsula in Southwestern Europe.Featuring the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it shares the longest uninterrupted border in the European Union; to the south and the west is the North Atlantic Ocean; and to the west and southwest lie the ...
The country is scrapping the 20% flat tax rate foreign workers pay in the country, which has driven inequality in major cities. Portugal just became a bit less friendly to digital nomads as ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 December 2024. World map of countries or territories by Human Development Index scores in increments of 0.050 (based on 2022 data, published in 2024) ≥ 0.950 0.900–0.950 0.850–0.899 0.800–0.849 0.750–0.799 0.700–0.749 0.650–0.699 0.600–0.649 0.550–0.599 0.500–0.549 0.450–0.499 0. ...
It is used to distinguish whether the country is a developed, developing, or underdeveloped country, and also to measure the impact of economic policies on quality of life. Countries fall into four broad categories based on their HDI: very high, high, medium, and low human development.