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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 ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 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 ...
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]
In investing, a developed market is a country that is most developed in terms of its economy and capital markets. The country must be high income, but this also includes openness to foreign ownership, ease of capital movement, and efficiency of market institutions.
In total, 50 island countries have been included in the lists. Australia is not included as it is considered a continental country, although it was historically referred to as an island country because of its lack of land borders. [3] Greenland is generally considered as the largest island on Earth and listed among the island territories.
a peninsula or a semi-enclave, where one country has a land border with a neighbouring one but is otherwise surrounded by sea, while the neighbour borders other countries—examples are Portugal (neighbouring Spain), The Gambia (surrounded by Senegal) and Brunei (surrounded by Malaysia).
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The annual average rainfall in continental Portugal varies from a bit more than 2,000 mm (78.7 in) in the mountains in the north to less than 500 mm (19.7 in) in southern parts of Alentejo, however in Macaronesia, Pico Island holds the record with over 6,250 mm (246.1 in) and the Savage Islands around 200 mm (7.9 in). Portugal as a whole is ...