IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL PORTUGAL

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Lisbon

2016 2017 2018 2019 2020

92 2019

33

0.893 2019 10.26 2019 237.6 2019 33,802 2019 2.2 2019 0.30 2019 6.50 2019 5.25 2019 -0.09 2019 135.8 2018 3.48 2019

Exchange Rate (per $)

37

39

39

39

39

Population - market size (millions)

CHALLENGES IN 2020 Guarantee a stable, high GDP growth in a context on international economic constraints. • Guarantee a stable, high GDP growth in a context on international economic constraints. • Adoption of a “company and investment-friendly” fiscal landscape, that reinforces the country’s competitiveness. • Reinforce a (cross-sectorial innovation and entrepreneurship) national strategy for digital transformation. • Cross-party political agreement on education policy: emphasizing STEM; responsibility and agility. • Reduce bureaucracy and improve efficiency of judicial system.

43

Gross Domestic Product (GDP) (US$ billions)

37

GDP (PPP) per capita (US$)

31

Real GDP growth (%)

5

Consumer price inflation (%)

43

Unemployment rate (%)

37

Labor force (millions)

34

Current account balance (% of GDP)

37

Direct investment stocks inward ($bn)

Porto Business School, University of Porto, Porto rovided by: Porto Business School, University of Porto, Porto

14

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

22 22

24

24 24

29

30

31 34

34

35

36

40

44 44 44

46

48

52

53

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS < 20 MILLION (34 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

21

23

23

23

21

24

25

26

26

26

97

IMD WORLD COMPETITIVENESS BOOKLET 2020