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* [http://countrystudies.us/portugal/ Studies] from the Library of Congress (1986-1998)
* [http://countrystudies.us/portugal/ Studies] from the Library of Congress (1986-1998)
* BBC [http://news.bbc.co.uk/1/hi/world/europe/country_profiles/994099.stm country profile]
* BBC [http://news.bbc.co.uk/1/hi/world/europe/country_profiles/994099.stm country profile]
* [http://www.nytimes.com/2010/04/16/business/global/16escudo.html?_r=1&ref=europe Debt Worries Shift to Portugal, Spurred by Rising Bond Rates] by Landon Thomas Jr., April 2010
* [http://www.youtube.com/watch?v=R7FshBjkS6U Portugal legalizes drugs. Crime/Usage falls.] (video), BBC, July 2009
* [http://www.time.com/time/health/article/0,8599,1893946,00.html Drugs in Portugal: Did Decriminalization Work?] by Maia Szalavitz, April 2009
* [http://www.cato.org/event.php?eventid=5887 Drug Decriminalization in Portugal] (video), CATO Policy Forum, April 2009
* [http://www.cato.org/pubs/wtpapers/greenwald_whitepaper.pdf Drug Decriminalization in Portugal] (pdf) Glenn Greenwald, 2009
* [[Wikipedia:Drug policy of Portugal|Drug policy of Portugal]] on Wikipedia
[[Category:Countries]]
[[Category:Countries]]

Revision as of 11:18, 16 October 2010

Following its heyday as a global maritime power during the 15th and 16th centuries, Portugal lost much of its wealth and status with the destruction of Lisbon in a 1755 earthquake, occupation during the Napoleonic Wars, and the independence of its wealthiest colony of Brazil in 1822. A 1910 revolution deposed the monarchy; for most of the next six decades, repressive governments ran the country. In 1974, a left-wing military coup installed broad democratic reforms. The following year, Portugal granted independence to all of its African colonies. Portugal is a founding member of NATO and entered the EC (now the EU) in 1986.[1]

Economical characteristics

  • Currency: Euro (ISO code: EUR)
  • Central bank discount rate: 3% (31 December 2008)[1]
  • Commercial banks lending rate: 8.35% (31 December 2008)[1]
  • is part of the Eurozone


Statistics

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[2] 121 662 112 650 115 712 127 455 156 413 178 952 185 454 195 015 223 337 243 497
Govt. debt (% of GDP)[3] 60.581 60.248 60.978 65.245 67.166 70.836 74.452 73.234 71.134 76.018
Govt. revenue (% of GDP)[4] 34.624 34.925 34.473 35.532 36.960 39.538 37.887 38.458 39.109 39.213
Govt. expenses (% of GDP)[5] 38.802 38.735 39.627 40.082 41.195 42.125 43.284 42.181 41.605 42.919
Debt to revenue (years) 1.750 1.725 1.769 1.836 1.817 1.792 1.965 1.904 1.819 1.939

References

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. ↑ 1.0 1.1 1.2 Cite error: Invalid <ref> tag; no text was provided for refs named CIA_PT
  2. ↑ World Bank. "Portugal: GDP", from World Bank Data. Referenced 2010-09-29.
  3. ↑ World Bank. "Portugal: government debt", from World Bank Data. Referenced 2010-09-29.
  4. ↑ World Bank. "Portugal: government revenue", from World Bank Data. Referenced 2010-09-29.
  5. ↑ World Bank. "Portugal: government expenses", from World Bank Data. Referenced 2010-09-29.

External links

Retrieved from "https://wiki.freecapitalists.org/index.php?title=Portugal&oldid=4090"