Trade Statistics
Portugal
Economic Performance Statistics
Gross Added Value
Import and Export Statistics
UK
UK Trade Information on-line
Portugal
Economic Performance Statistics
The following table shows key economic indicators of the Portuguese economy for 1998 through 2001.
|
|
1998 |
1999 |
2000 |
2001 |
|
Increase in real GDP (%) |
3.9 |
3.1 |
3.3 |
2.0* |
|
GDP at current prices (€ millions) |
100.927 |
107.781 |
115.263 |
122.901 |
|
GDP per capita (€ thousands) |
9.8163 |
10.79 |
11.52 |
12.22 |
|
(US$ thousands) |
10.76 |
10.3 |
10.9 |
11.2 |
|
Unemployment rate (%) |
5.0 |
4.4 |
4.0 |
4.1 |
|
Interbank rate (%) |
6.0 |
2.98 |
4.8 |
3.31 |
|
Retail price inflation (%) |
2.8 |
2.2 |
2.8 |
4.4 |
|
Growth of realprivate consumption (%) |
5.7 |
4.6 |
2.4 |
1.5* |
|
Growth of real public consumption (%) |
3.2 |
3.4 |
3.7 |
1.8 |
|
Growth of real gross domestic fixed investment (%) |
9.8 |
6.3 |
5.2 |
2.0* |
|
General BVL Index (stock exchange general index) |
26.2 |
12.57 |
-8.2 |
- |
|
Industrial Production Index (measures growth of industrial sector; base: 1995) |
114.2 |
117.6 |
118.1 |
121.0 |
|
Exports (€ millions) |
31.136 |
32.094 |
36.669 |
38.766* |
|
Imports (€ millions) |
40.083 |
43.379 |
49.842 |
50.607* |
|
Trade balance (€ millions) |
-10,909 |
-12.943 |
-15.107 |
14.507* |
|
Total external debt (€ millions) |
22.539 |
35.246 |
44.328 |
50.043 |
* Estimate Source: National Institute of Statistics/Bank of Portugal/Foreign Trade Institute
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Gross Added Value
The following tables show the tentative amounts of gross added value (GAV; equals GDP less taxes) at current prices and in percentages for various sectors in Portugal in 2000 and 2001.
|
Sector |
2000 |
2001 |
| € Millions |
€ Millions |
|
Trade, repair, restaurants and hotels, transport and communications |
24,603 |
26,205 |
|
Industry, including energy |
22,196 |
23,306 |
|
Financial, real estate, rental and business activities |
12,929 |
13,365 |
|
Construction |
8,026 |
8,454 |
|
Agriculture, forestry and fishing |
3,711 |
4,035 |
|
Other service activities |
38,017 |
40,961 |
|
Total (at current prices) |
109,482 |
116,326 |
|
Sector |
(%) |
(%) |
|
Agriculture, forestry and fishing |
3.4 |
3.5 |
|
Industry, construction and energy |
27.6 |
27.3 |
|
Services and other activities |
69.0 |
69.2 |
|
Total |
100.0 |
100.0 |
Source: National Institute of Statistics.
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Import and Export Statistics
Import and export statistics are shown in the tables below.
Leading Trading Partners
The following table shows the leading recipients of Portugal’s exports for 1998 through 2001.
|
Country |
1998 |
1999 |
2000 |
2001 |
| % |
% |
% |
% |
|
Germany |
19.8 |
20.9 |
18.0 |
19.2 |
|
Spain |
15.5 |
16.8 |
19.3 |
18.6 |
|
France |
14.4 |
13.8 |
12.7 |
12.6 |
|
United Kingdom |
11.1 |
11.7 |
10.9 |
10.3 |
|
United States |
4.9 |
5.5 |
5.8 |
5.8 |
|
Belgium/Luxembourg |
4.8 |
4.8 |
6.0 |
5.5 |
|
Italy |
4.1 |
4.4 |
4.0 |
4.6 |
|
Netherlands |
4.8 |
4.6 |
4.2 |
4.2 |
|
Angola |
1.7 |
1.1 |
1.4 |
1.9 |
|
Sweden |
2.0 |
1.9 |
1.7 |
1.5 |
|
Denmark |
1.5 |
1.5 |
1.2 |
1.1 |
|
Norway |
0.8 |
0.7 |
1.3 |
1.1 |
|
Switzerland |
1.3 |
1.2 |
1.0 |
1.0 |
|
Other EU countries |
4.0 |
2.1 |
2.4 |
2.2 |
|
Other countries |
9.3 |
9 |
10.1 |
10.4 |
|
Total |
100.0 |
100.0 |
100.0 |
100.0 |
The following table shows the leading sources of imports into Portugal from 1998 to 2001
|
Country |
1998 |
1999 |
2000 |
2001 |
|
% |
% |
% |
% |
|
Spain |
24.1 |
24.0 |
25.9 |
26.5 |
|
Germany |
14.9 |
14.5 |
13.7 |
13.9 |
|
France |
11.2 |
11.4 |
10.6 |
10.3 |
|
Italy |
7.9 |
7.9 |
7.1 |
6.7 |
|
United Kingdom |
6.6 |
6.6 |
6.0 |
5.0 |
|
Netherlands |
4.9 |
4.8 |
4.6 |
4.9 |
|
United States |
2.9 |
3.0 |
3.0 |
3.8 |
|
Belgium/Luxembourg |
3.4 |
3.3 |
3.2 |
3.3 |
|
Norway |
1.0 |
1.5 |
1.8 |
2.0 |
|
Nigeria |
0.7 |
0.8 |
2.0 |
1.9 |
|
Japan |
2.8 |
3.1 |
2.5 |
1.9 |
|
Brazil |
1.4 |
1.6 |
1.1 |
1.3 |
|
Sweden |
1.5 |
1.3 |
1.2 |
1.1 |
|
Switzerland |
1.1 |
1.2 |
0.8 |
1.0 |
|
Saudi Arabia |
- |
- |
1.0 |
1.0 |
|
Other EU countries |
3.6 |
3.6 |
2.8 |
2.5 |
|
Other countries |
12.0 |
11.4 |
12.7 |
12.9 |
|
Total |
100.0 |
100.0 |
100.0 |
100.0 |
Source: National Institute of Statistics
Leading Exports and Imports
The table below shows Portugal’s leading exports for 2000 and 2001.
|
Sector |
2000 |
2001 |
| € Millions |
€ Millions |
|
Textiles, clothing and footwear |
4,875 |
4,880 |
|
Transportation equipment |
4,067 |
4,741 |
|
Optical and precision apparatus |
3,883 |
3,722 |
|
Skins and leather |
1,671 |
1,717 |
|
Food products |
1,617 |
1,635 |
|
Chemicals, plastics and rubber |
1,477 |
1,380 |
|
Base metals |
1,433 |
1,402 |
|
Paper and pulp products |
1,424 |
1,305 |
|
Machinery and equipment |
1,378 |
1,430 |
|
Wood and cork |
1,242 |
1,202 |
|
Non-metallic minerals |
923 |
903 |
|
Agricultural products |
229 |
292 |
|
Mineral fuels |
175 |
166 |
|
Others |
1,985 |
1,937 |
|
Total |
26,379 |
26,711 |
Source: National Institute of Statistics
The table below shows Portugal’s leading imports for 2000 and 2001.
|
Sector |
2000 |
2001 |
| € Millions |
€ Millions |
|
Transportation equipment |
7,411 |
6,859 |
|
Optical and precision apparatus |
5,927 |
5,966 |
|
Chemicals, plastics and rubber |
4,173 |
4,366 |
|
Machinery and equipment |
3,832 |
3,547 |
|
Food products |
3,471 |
3,590 |
|
Base metals |
3,441 |
3,309 |
|
Mineral fuels |
3,190 |
3,081 |
|
Textiles, clothing and footwear |
2,910 |
2,803 |
|
Agricultural products |
1,924 |
2,044 |
|
Paper and pulp products |
1,232 |
1,254 |
|
Skins and leather |
810 |
888 |
|
Non-metallic minerals |
651 |
673 |
|
Wood and cork |
459 |
422 |
|
Others |
3,826 |
3,575 |
|
Total |
43,257 |
42,378 |
Source: National Institute of Statistics.
Source: Doing Business in Portugal – 2003 by Ernst & Young in 26 June 2003 Last updated in August 2003 by the British-Portuguese Chamber of Commerce
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United Kingdom
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