COUNTRY PROFILE. Portugal
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1 COUNTRY PROFILE Portugal
2 Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 1
3 COMPETITIVENESS TRENDS - OVERALL PORTUGAL OVERALL PERFORMANCE (63 countries) CHALLENGES IN 2018 Structurally Structurally reduce reduce public public deficit deficit to achieve to achieve a permanent a permanent surplus surplus and reduce public debt. Provide a healthy and stable banking and capital markets system, bringing alternatives in private equity and debt markets. Agreement of major political parties on an education policy emphasising STEM; developing well-educated, responsible citizens able to embrace continuous emerging new technologies. Stop the negative labour market reforms planned by the government that will further rigidify the market, and will diminish the attractiveness for young and qualified workforce. Reduce bureaucracy and improve efficiency of judicial system. Provided Porto Business by: School, University of Porto, Porto Porto Business School, University of Porto, Porto BASIC FACTS Rank Capital Land area (square km '000) Lisbon Exchange Rate (per $) Population - market size (millions) Gross Domestic Product (GDP) (US$ billions) GDP (PPP) per capita (US$) 30, Real GDP growth (%) Consumer price inflation (%) Unemployment rate (%) Labor force (millions) Current account balance (% of GDP) Direct investment stocks inward ($bn) Direct investment flows inward (% of GDP) COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy International Trade International Investment Employment Prices Public Finance Tax Policy Institutional Framework Business Legislation Societal Framework Productivity & Efficiency Labor Market Finance Management Practices Attitudes and Values Basic Infrastructure Technological Infrastructure Scientific Infrastructure Health and Environment Education PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < 20 MILLION (34 countries)
4 COMPETITIVENESS TRENDS - FACTOR BREAKDOWN PORTUGAL ECONOMIC PERFORMANCE Sub-Factor Rankings : 2017 Domestic Economy 50 International Trade 31 International Investment 33 Employment 55 Prices GOVERNMENT EFFICIENCY Sub-Factor Rankings : 2017 Public Finance 57 Tax Policy 48 Institutional Framework 37 Business Legislation 23 Societal Framework BUSINESS EFFICIENCY Sub-Factor Rankings : 2017 Productivity & Efficiency 39 Labor Market 46 Finance 53 Management Practices 52 Attitudes and Values INFRASTRUCTURE Sub-Factor Rankings : 2017 Basic Infrastructure 41 Technological Infrastructure 34 Scientific Infrastructure 32 Health and Environment 19 Education
5 WORLD COMPETITIVENESS DIGITAL RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 4
6 DIGITAL TRENDS - OVERALL PORTUGAL OVERALL PERFORMANCE (63 countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors Knowledge Talent Training & education Scientific concentration Technology Regulatory framework Capital Technological framework The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - 5 years OVERALL Knowledge Technology Future readiness COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness N.B. This graph provides only a comparison of the country s performance in the two rankings PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < 20 MILLION (34 countries)
7 u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES PORTUGAL KNOWLEDGE Subfactors Talent Training & education Scientific concentration Talent Rank Rank Rank Training & education Scientific concentration Educational assessment PISA - Math 27 w Employee training 48 Total expenditure on R&D (%) 28 International experience 38 Total public expenditure on education 13 Total R&D personnel per capita 26 Foreign highly-skilled personnel Higher education achievement 38 Female researchers 16 Management of cities u Pupil-teacher ratio (tertiary education) 11 R&D productivity by publication 31 u Digital/Technological skills 11 Graduates in Sciences 15 Scientific and technical employment 28 Net flow of international students 30 Women with degrees 37 High-tech patent grants 46 TECHNOLOGY Subfactors Regulatory framework Capital Technological framework Regulatory framework Rank Capital Rank Technological framework Rank Starting a business 26 IT & media stock market capitalization 30 u Communications technology 6 Enforcing contracts 18 Funding for technological development 29 w Mobile Broadband subscribers 56 u Immigration laws 7 Banking and financial services 41 w Wireless broadband 48 Development and app. of technology Investment risk 45 u Internet users 12 Scientific research legislation 29 Venture capital 41 Internet bandwidth speed 33 Intellectual property rights 26 Investment in Telecommunications 46 w High-tech exports (%) 55 FUTURE READINESS Subfactors Adaptive attitudes Business agility IT integration Adaptive attitudes Rank Business agility Rank IT integration Rank E-Participation 40 Opportunities and threats 37 E-Government 33 Internet retailing 33 Innovative firms 13 Public-private partnerships Tablet possession 33 Agility of companies 30 Cyber security 36 Smartphone possession 40 w Use of big data and analytics 48 Sofware piracy 28 Attitudes toward globalization Knowledge transfer 31 6
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