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Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 18.04.2018

Vos conseillers à la Chambre de Commerce

  • Violaine Mathurin
  • Thomas Bertrand
Contactez-nous: europe@cc.lu

Indicateurs clés

92,090 km2
10,839,514 (July 2017 est.)
Type de gouvernement
semi-presidential republic
Portuguese (official), Mirandese (official, but locally used)
$311.3 billion (2017 est.)
Taux de croissance
2.5% (2017 est.)



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

Economic growth is projected to remain above 2% in 2018 and 2019, driven by both domestic demand and exports. Consumption growth will remain solid in response to further declines in the unemployment rate and stronger wage growth. Investment will be supported by a pick-up in major export market growth and increased public investment. Increased exports will be matched by higher imports as a result of the pick-up in domestic demand, leaving the current account balance relatively unchanged.

The stance of fiscal policy is projected to be mildly expansionary in 2017 and 2018. Any further fiscal expansion should be avoided given the need to reduce public debt, but there is scope to make fiscal policy more growth-friendly by adjusting the composition of spending and taxes. Productivity-enhancing reforms that ease entry barriers to professional services would reinforce the strength of the recovery.

The private sector, especially corporations, remains heavily indebted despite having deleveraged over the past four years. This adds to the vulnerability of the banking system which continues to suffer from weak profitability and non-performing loans. Policy measures that support the development of distressed debt markets would reduce financial vulnerabilities, support long-term growth and bolster fiscal stability.

Source: OCDE - Economic Forecast

IMF Statistics:

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
Gross domestic product, current prices
U.S. dollars (Billions)
Gross domestic product per capita, current prices
U.S. dollars (Units)
Inflation, average consumer prices
Percent change
Volume of imports of goods and services
Percent change
Volume of exports of goods and services
Percent change
Unemployment rate
Percent of total labor force
Current account balance
U.S. dollars (Billions)
Current account balance
Percent of GDP
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

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