Portugal Economy

Comparison of Portugal Bank Interest Rates

Located in Western Europe, the Portuguese economy which has a population of 10.578 Million (Est 2012) ranks 49th in the world. This rank is estimated from IMF estimates which reports that it has a GDP PPP of 248.981 billion and GDP PPP per capita of 23,361 vs 48,387 (United States) according to the IMF in 2011. The currency used within the country is the Euro (EUR). The estimates for inflation within the country derived from the cia.gov website is 3.2% for 2011 and 1.4% for 2010.