Names: conventional long form: Portuguese Republic conventional short form: Portugal local long form: Republica Portuguesa local short form: Portugal

Capital City: Lisbon

Population: 10,605,870 (July 2006 est.)

GDP Per Capita: $19,100 (2006 est.)

Currency: euro (EUR) note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries

Languages: Portuguese (official), Mirandese (official - but locally used)

Total Area: total: 92,391 sq km land: 91,951 sq km water: 440 sq km note: includes Azores and Madeira Islands slightly smaller than Indiana

Region: Europe

Industries: textiles and footwear; wood pulp, paper, and cork; metals and metalworking; oil refining; chemicals; fish canning; rubber and plastic products; ceramics; electronics and communications equipment; rail transportation equipment; aerospace equipment; ship construction and refurbishment; wine; tourism

Agriculture: grain, potatoes, tomatoes, olives, grapes; sheep, cattle, goats, swine, poultry, dairy products; fish

Resources: fish, forests (cork), iron ore, copper, zinc, tin, tungsten, silver, gold, uranium, marble, clay, gypsum, salt, arable land, hydropower

Labor Force: 5.57 million (2006 est.)
agriculture: 10% industry: 30% services: 60% (1999 est.)

Exports: $46.77 billion f.o.b. (2006 est.)
clothing and footwear, machinery, chemicals, cork and paper products, hides

Imports: $67.74 billion f.o.b. (2006 est.)
machinery and transport equipment, chemicals, petroleum, textiles, agricultural products

Overview: Portugal has become a diversified and increasingly service-based economy since joining the European Community in 1986. Over the past two decades, successive governments have privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the European Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU member economies. Economic growth had been above the EU average for much of the 1990s, but fell back in 2001-06. GDP per capita stands at roughly 70% of the EU-25 average. A poor educational system, in particular, has been an obstacle to greater productivity and growth. Portugal has been increasingly overshadowed by lower-cost producers in Central Europe and Asia as a target for foreign direct investment. The budget deficit surged to an all-time high of 6% of GDP in 2005 but was reduced to 4.6% in 2006. The government faces tough choices in its attempts to boost Portugal's economic competitiveness while keeping the budget deficit within the eurozone's 3%-of-GDP ceiling.

_{CIA World Book}

In 2007 Missouri exported $6,592,786 in goods to Portugal. This ranks Portugal 57^th among the 223 international buyers of Missouri goods. Missouri exports to Portugal increased from the previous year by $2,118,100 a change of 47.34%. State exports to Portugal have increased over the last 5 years by $286,341 a change of 4.54%. Missouri exports account for .05%. of all 2007 US exports to Portugal.