Portugal is currently one of the most significant European recipients of FDI. Over the last 5 years, the country has recorded the third highest growth rate in the number of FDI projects - an impressive increase of 40% - strengthening its position among the top 10 preferred locations for investors.
According to the EY Attractiveness Survey Portugal, the Portuguese economy has shown resilience compared to the Eurozone’s slowdown GDP growth in Portugal has outpaced the eurozone in recent years and is expected to remain higher over the forecast horizon. Portuguese exports are expected to grow faster than in the euro area and remain an important driver of economic growth.
The combination of an innovation ecosystem, business-friendly environment and a highly skilled workforce makes Portugal a prime destination for investment and growth.
Portugal's science and technology ecosystem has gained importance in the country's labour force Portugal had the highest increase in the proportion of its labour force working in science and technology of any country between 2013 and 2022. It was the only European country to achieve an increase of more than 40% during this period.
In terms of attractiveness strengths, the survey also states that Portugal’s attractiveness continues to grow markedly, widening the gap with the rest of Europe Despite Europe’s good performance in terms of its attractiveness, Portugal reports even higher figures in 2024, which can be explained by its geographic and political distancing from the conflicts in Eastern Europe and the Middle East.
Internally, Portugal offers significant benefits for attracting FDI, including political and economic stability, a skilled workforce, investor incentives, quality infrastructure, and a high quality of life. These factors position Portugal as an attractive, stable, and safe investment destination within the European context.
