Economy

Key facts
*  Currency: €uro
*  GDP per capita: $30,500 (2017 estimate)
*  Unemployment rate: 5.6% (June 2020)
*  Inflation: -0.1% (Oct 2020)

Industries and exports

*  Industries: fisheries, tourism, aerospace, biotechnology, insurance. Major state owned companies include Águas de Portugal (water), Caixia Geral de Depósitos (banking), Comboios de Portugal (railways).

* Exports: agricultural and food products, wine, oil and chemical products, plastics and rubber,
leather and hides, wood and cork, wood pulp and paper, textile materials, clothing, footwear, machinery and tools, base metals.

*  Leading export markets: Spain 25.2%, France 12.5%, Germany 11.3%, UK 6.6%  (data from 2017)