LOW RISK for enterprise
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
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GDP |
|
|
Population |
|
|
Form of state | Parliamentary monarchy | |
Head of government |
Pedro Sánchez |
|
Next elections | General elections, 2023 |
(% of total)
Exports | Rank | Imports |
---|---|---|
France
15%
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1 |
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Germany
11%
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2 |
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Italy
8%
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3 |
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United Kingdom
8%
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4 |
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Portugal
7%
![]() |
5 |
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(% of total)
Exports | Rank | Imports |
---|---|---|
Road vehicles
19%
|
1 |
13%
Road vehicles
|
Vegetables and fruits
7%
|
2 |
8%
Petroleum, petroleum products and related materials
|
Articles of apparel & clothing accessories
5%
|
3 |
6%
Articles of apparel & clothing accessories
|
Medicinal and pharmaceutical products
4%
|
4 |
5%
Electrical machinery, apparatus and appliances, n.e.s.
|
Electrical machinery, apparatus and appliances, n.e.s.
4%
|
5 |
5%
Medicinal and pharmaceutical products
|
Low
Medium
Sensitive
High
Payments
Court proceedings
Insolvency proceedings
Payments
Court proceedings
Insolvency proceedings
The court process is a major complication when it comes to collecting debt and it is advisable to first conduct negotiation with the support of collection specialists. When court is needed, Alternative Dispute Resolution methods and foreign courts (EU judgments will be fairly enforceable in Portugal) may be worth considering in order to avoid inefficient domestic courts.
Despite reforms conducted in 2012 to increase company rescue possibilities, insolvency proceedings often lead to the liquidation of the company and it is rare for unsecured debtors to recover their debt.
19 April
The Covid-19 crisis has pushed up cash concentration among European non-financial corporates.
15 April
We expect inflation will only stage a temporary overshoot in the US and briefly hit the ECB’s “below, but close to, 2%” target in the Eurozone in 2021.
01 April
The pace of vaccination campaigns will drive a multi-speed recovery, keeping divergence high.