Macro Index Overview / Europe & Central Asia / PRT
Portugal ยท Year 2023
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Sovereign Economic Dossier ISO: PRT PT

Portugal

A simple multiplier is used to convert the national currencies of EMU members to euros. The following irrevocable euro conversion rate was adopted by the EU Council on January 1, 1999: 1 euro = 200.482 Portuguese escudo. Please note that historical data before 1999 are not actual euros and are not comparable or suitable for aggregation across countries.

Europe & Central Asia High income Blocs: OECD Lisbon

Global Rank (2023)

#36 / 205

Top 18% of global economies

Composite Score (2023)

72.5 / 100

Living Standard (2023)

$22,417

Subscore: 73.78 / 100

CPI Inflation (2023)

4.31%

Stability Score: 93.44 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 73.78

Raw: $22,417 (2015 USD)

Price Stability (25%) 93.44

Raw: 4.31% (Anchor: 3.0%)

External Solvency (25%) 51.85

Raw: 0.55% of GDP

Economic Scale (15%) 68.95

Raw: $292.3B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Portugal's global competitive ranking by accentuating its comparative strengths.

Peak Rank #24 / 205
Default Rank #36
+12 Ranks
Living Standards 5%
Baseline: 35%
Price Stability 70%
Baseline: 25%
External Solvency 0%
Baseline: 25%
Economic Scale 25%
Baseline: 15%

Policy Insight & Strategic Advantage: Portugal benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Portugal's composite score climbs to 86.3 (compared to 72.5 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Portugal's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Portugal (PRT)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #36 / 205 โ€ข Composite Score: 72.5 / 100 โ€ข Living Standard: $22,417 โ€ข Inflation: 4.31%
#1#50#100#150#20019601970198019902000201020202025#36
Hover or click any node along the curve to inspect that historical year in real time
Primary: Portugal Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
Portugal (PRT) Active#3672.5$22,4174.31%0.55%$292.3B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Portugal

Metric:
Selected Era: 2023 ยท Click any node to select
100755025060.019701970s48.719801980s56.519901990s62.620002000s62.220102010s68.420202020s72.52023Recent