Economic growth was registered in Portugal during the period 1990? 2000. It has become increasingly service-based economy. In 1986, Portugal was accepted in the European Union. This is a high income country and their own capitalist class is the economic structure. In 1998, Portugal qualified for the Union The Economic and Monetary Union. In the past 20 years, successive governments have taken steps to privatize many state-controlled companies and has worked towards liberalizing the economy. Euro began circulating, along with 11 other European countries in January 2002. Economic growth was above the average of the European Union during the 1990s, but below the average recorded during the period 2001-2008.

Portugal was able to keep their budget deficits below 3%, the criteria for stability in the euro area and growth pact for the period 2002-04. Without however, its budget deficit soared to 6.1% in 2005. It has been reduced to 2.2% in 2008 and is expected to be the same for 2009. The 1.9% growth economic was in 2007. However, only grew by 0.8% in 2008 and is expected to grow by 0.6% in 2009.

GDP 255,483 million dollars recorded in 2008 makes Portugal the country 37th in the world. Falls below the global average, but has increased by 14.34% over the year before and expected to grow by 0.89% in 2009. GDP per capita of Portugal for 2008 was $ 24,031.24 per person, making it the 33rd country in the world based on GDP per capita, available figures for major world economies by 2008. GDP per capita in Portugal is more than the world average. In 2007, was $ 21,081.67. Found an increase of 13.99% in 2008 and is expected to increase by 0.64% in 2009.

About half of Land in Portugal is used for agriculture. The adoption of modern technologies in this sector have resulted in more outlets. The main agricultural products are the potatoes, corn, tomatoes, grapes, olives, goats, pigs, cattle, poultry and dairy products.

Among the different types of industries, the main ones being the clothing, textiles, footwear, chemicals, paper, wool, wood and cork products, basic metals, glass, ceramic and porcelain products milk, wine and food, oil refineries, transportation, telecommunications, technology and tourism.

The main export Portugal items include food products, agricultural products, plastics and rubber products, chemicals and chemical products, products derived from oil, skin and leather products, wood and cork, pulp and paper, wood, textiles, clothing and clothing material, machinery and tools, footwear, minerals and mineral products, transport equipment and vehicles, and precision instruments, optics and the like.

The major export partners of Portugal are Spain, Germany, France, UK, USA, Angola and Italy.

The main topics include imports of Portugal transport equipment, machinery, petroleum, textiles and garments, chemicals and chemical products and agricultural products. The major import partners for Portugal are Spain, Germany, France, Italy, Netherlands, UK, USA and Japan.

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