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Portugal
Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 15.05.2017

Vos conseillers à la Chambre de Commerce

  • Violaine Mathurin
    +352423939481
  • Sabrina Aksil
    +352423939374
Contactez-nous: europe@cc.lu

Indicateurs clés

Région
92,090 km2
Population
10,833,816 (July 2016 est.)
Type de gouvernement
semi-presidential republic
Langues
Portuguese (official), Mirandese (official, but locally used)
PIB
$289.8 billion (2015 est.)
Taux de croissance
1.5% (2015 est.)
IHD
43
Capitale
Lisbon

 

Introduction

Following its heyday as a global maritime power during the 15th and 16th centuries, Portugal lost much of its wealth and status with the destruction of Lisbon in a 1755 earthquake, occupation during the Napoleonic Wars, and the independence of its wealthiest colony of Brazil in 1822. A 1910 revolution deposed the monarchy; for most of the next six decades, repressive governments ran the country. In 1974, a left-wing military coup installed broad democratic reforms. The following year, Portugal granted independence to all of its African colonies. Portugal is a founding member of NATO and entered the EC (now the EU) in 1986.

Source: The CIA World Factbook - Portugal

 

Indicateurs macroéconomiques

Moderate growth is projected for 2016 and 2017. Private consumption will strengthen mildly due to lower unemployment, a higher minimum wage and reversals of public sector pay cuts. However, job creation will be too weak for consumer spending to expand at its current pace beyond 2016. High corporate leverage and weak bank conditions have been holding back investment. In 2017, investment will partly recover and somewhat compensate the loss of momentum in consumption.

Recent fiscal policy changes are likely to raise disposable incomes, particularly benefitting low-income households. Public debt remains high and putting it on a declining path may require further fiscal consolidation measures.

Structural bottlenecks hold back productivity growth. Recent simplification efforts to cut red tape are welcome. More determined policy action to tackle high corporate debt would boost investment and – together with stronger competition in non-tradable sectors – accelerate resource reallocation and productivity growth. Territorial development reform would further improve the business climate. Increasing education attainments and skills, including by strengthening the links with the private sector and developing vocational education and training, would boost productivity.

Source: OCDE - Economic Forecast

IMF Statistics:

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
0.9061.4501.0081.0851.160
Gross domestic product, current prices
U.S. dollars (Billions)
230.483199.032205.860213.001219.604
Gross domestic product per capita, current prices
U.S. dollars (Units)
22,159.43919,117.27619,758.74420,429.44121,047.492
Inflation, average consumer prices
Percent change
-0.1600.5080.7321.1311.433
Volume of imports of goods and services
Percent change
8.4157.8683.0423.2994.120
Volume of exports of goods and services
Percent change
5.4146.2702.9012.7843.988
Unemployment rate
Percent of total labor force
13.89412.44411.16410.70310.256
Current account balance
U.S. dollars (Billions)
0.1450.8380.046-1.397-1.705
Current account balance
Percent of GDP
0.0630.4210.022-0.656-0.777
Colored cells are estimates

Source: IMF Statistics

 

Le Luxembourg et le pays

Existing conventions and agreements

Non double taxation agreement 

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

  • Convention from 25.5.1999 (Memorial 2000, A, no. 88, p. 2061)
  • Effective as of 01.01.2001 (Memorial 2000, A, p. 2948)
  • Endorsement from 07.09.2010
  • Law from 16.07.2011 
  • Effective as of 01.01.2013

Air Services agreement

  • Agreement from 21.10.1950 (Memorial 1951, p. 1187)
  • Agreement effective as of the date of signature

Source: Administration des contributions directes

 

 

 

Plus d'informations

Foreign Trade

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

Contact points in Portugal

Embassy of the Grand Duchy of Luxembourg in Portugal

Ambassador: Mr. Jean-Jacques Welfring
Rua das Janelas Verdes 43
P-1200 690 Lisbon
Tel: +351 21 393 19 40
Fax: +351 21 390 14 10
E-mail: lisbonne.amb(at)mae.etat.lu 

Economic and Commercial Attaché (AWEX)

Commercial Secretary: Maria da Luz de Sousa
Praça Marques de Pombal, 14-6 °
1269-024 Lisbon
Tel: +351 21 353 98 10
Fax: +351 21 353 98 16
E-mail: lisbonne(at)awex-wallonia.com 

Honorary Consuls

Honorary Consul with jurisdiction in the districts of Beja and Faro:                     Jorge Alberto JUSTO PEREIRA
Rua Augusto Carlos Palma, 71 - r / c
8800-345 Tavira
Tel: + 351 281 322 606
Mobile: + 351 966 001 954
E-mail:jorgejustopereira(at)gmail.com


Honorary Consul with jurisdiction in the Districts Porto, Aveiro, Braga, Viana do Castelo, Vila Real, Bragança, Viseu and Guarda: Antonio DE OLIVEIRA
24, rue António Galvão
4100-089 PORTO
Tel: + 351 224904948
Fax: + 351 224030252
E-mail: consul.luxemburgo.norte(at)gmail.com   


Source: www.mae.lu
Source: www.awex.be 

Country risk as defined by Office du Ducroire for Portugal

Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link: Ducroire Office - Country Risk for Portugal

Other useful links