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Portugal's imperial history has left a cultural legacy, with around 300 million Portuguese speakers around the world. Today, it is a developed country with an advanced economy relying chiefly upon services, industry, and tourism.
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]
In this article, we take a look at the 25 most developed countries in the world. You can skip our detailed analysis of the state of technological development in different countries and go directly ...
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. ...
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 ...
The Human Development Index (HDI) is a summary index assessing countries on 3 dimensions, health, education and standard of living using life expectancy at birth, expected years of schooling for children and mean years of schooling for adults, and GNI PPP per capita. The final HDI is a value between 0 and 1 with countries grouped into four ...
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 ...