Portugal's main socio-economic indicators: a look at the country today
- ALL PORTUGAL SPACE
- Jun 13
- 2 min read
Updated: Jun 13
Portugal is a country with a rich history, unique culture and sustainable development. Over the past decades, Portugal has made significant progress in the socio-economic sphere, becoming one of the most stable and attractive countries in Europe to live, work and invest in. Below we look at the key indicators that shape the country's current image.
Economy and GDP growth
Portugal has shown steady economic growth since the 2008-2013 crisis. According to the National Institute of Statistics (INE), GDP growth was around 2.3 per cent in 2023, fuelled by tourism, exports and domestic consumption. Meanwhile, inflation remains moderate compared to other EU countries.
Labour market
Portugal's unemployment rate in 2023 was around 6.7%, one of the best rates in the last 15 years. The country's IT, tourism, construction and agriculture sectors are booming. The state and private sector offer employment and retraining programmes, including training for immigrants.
Education
Portugal's education system includes free primary and secondary education and actively develops adult education programmes and integration courses for migrants. School enrolment rates are consistently high and literacy rates exceed 95 per cent.
Health care
The National Health Service (SNS) provides affordable health care to the country's inhabitants, including immigrants with temporary or permanent status. Portugal is among the EU countries with a high life expectancy of around 82 years, as well as sustainable maternal and child health indicators.
Immigration and integration
There are over 800,000 foreigners living in the country, representing over 8% of the population. Portugal's immigration policy is considered one of the most humanistic in the EU, with a focus on human rights, integration and equality. The country has a state agency, ACM (Alto Comissariado para as Migrações), which supports migrants with legalisation, language and adaptation.
Housing and standard of living
Although housing prices are rising in Lisbon and Porto, the government is developing affordable rental and social housing programmes. The standard of living in Portugal remains comfortable due to the mild climate, affordable healthcare and a peaceful social environment.
Environment and sustainable development
Portugal is actively implementing environmental initiatives as part of the UN 2030 Agenda. The country leads the EU in the use of renewable energy sources (solar and wind). More than 60% of electricity is generated from clean sources.
Conclusion:
Portugal is a country that combines sustainable economic growth, a high level of social protection and openness to migration. For immigrants, comfortable conditions for living, working and development are created here. Knowing the key indicators helps to better understand the country and adapt to the new reality.
Source: National Institute of Statistics
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