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Economy Portugal
Flag of Portugal Portugal
Population: 10,524,145 (July 2004 est.)
Capital: Lisbon
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Tabular Data - The Portuguese Economy

GDP : purchasing power parity - $181.8 billion (2003 est.)
GDP - Real Growth Rate : -1.3% (2003 est.)
GDP - Per Capita : purchasing power parity - $18,000 (2003 est.)
GDP - Composition By Sector : agriculture: 5.8%
industry: 30.7%
services: 63.2% (2003)
Household Income or Consumption by Percentage : lowest 10%: 3.1%
highest 10%: 28.4% (1995 est.)
Inflation Rate (Consumer Prices) : 3.3% (2003 est.)
Labor Force : 5.409 million (2003)
Labor Force - By Occupation : agriculture 10%, industry 30%, services 60% (1999 est.)
Budget : revenues: $64.81 billion
expenditures: $69.09 billion, including capital expenditures of NA (2003 est.)
Industries : textiles and footwear; wood pulp, paper, and cork; metalworking; oil refining; chemicals; fish canning; wine; tourism
Industrial Production Growth Rate : 0.4% (2003 est.)
Electricity - Production : 44.32 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 64.5%
hydro: 31.3%
nuclear: 0%
other: 4.1% (2001)
Electricity - Consumption : 41.48 billion kWh (2001)
Electricity - Exports : 3.479 billion kWh (2001)
Electricity - Imports : 3.743 billion kWh (2001)
Agriculture - Products : grain, potatoes, olives, grapes; sheep, cattle, goats, poultry, beef, dairy products
Exports : $31.13 billion f.o.b. (2003 est.)
Exports - Commodities : clothing and footwear, machinery, chemicals, cork and paper products, hides
Exports - Partners : Spain 22.7%, Germany 15.2%, France 12.9%, UK 10.5%, US 5.8%, Italy 4.8%, Belgium 4.6% (2003 est.)
Imports : $43.73 billion f.o.b. (2003 est.)
Imports - Commodities : machinery and transport equipment, chemicals, petroleum, textiles, agricultural products
Imports - Partners : Spain 29.1%, Germany 14.7%, France 9.9%, Italy 6.4%, UK 4.9%, Netherlands 4.6% (2003 est.)
Debt - External : $250.7 billion (2003 est.)
Economic Aid - Donor : ODA, $271 million (1995)
Currency : euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Currency Code : EUR
Exchange Rates : euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
Fiscal Year : Calendar Year

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Data Source: Central Intelligence Agency 2004 World Factbook