Business Directory Portugal
Portugal, officially the Portuguese Republic is a country located mostly on the Iberian Peninsula in southwestern Europe. It is the westernmost sovereign state of mainland Europe, being bordered to the west and south by the Atlantic Ocean and to the north and east by Spain. Its territory also includes the Atlantic archipelagos of the Azores and Madeira, both autonomous regions with their own regional governments.
Portugal is the oldest nation state on the Iberian Peninsula and one of the oldest in Europe and the world, its territory having been continuously settled, invaded and fought over since prehistoric times. The pre-Celtic people, Iberians, Celts, Carthaginians and Romans were followed by the invasions of the Visigoths and Suebi Germanic peoples. After the Muslim conquests of the Iberian Peninsula, most of the territory was part of Al-Andalus for several centuries. Portugal as a country was established during the early Christian Reconquista. Founded in 868, the County of Portugal gained prominence after the Battle of São Mamede in 1128. The Kingdom of Portugal was later proclaimed following the Battle of Ourique in 1139, and independence from León was recognized by the Treaty of Zamora in 1143.
Portugal is a developed and a high income country, with a GDP per capita of 77% of the EU28 average in 2017 (increasing from 75% in 2012) and a HDI of 0.843 (the 41st highest) in 2016. By the end of 2018, Portugal's GDP (PPP) was $32,554 per capita, according to OECD's report. The national currency of Portugal is the euro (€), which replaced the Portuguese Escudo, and the country was one of the original member states of the eurozone. Portugal's central bank is the Banco de Portugal, an integral part of the European System of Central Banks. Most industries, businesses and financial institutions are concentrated in the Lisbon and Porto metropolitan areas – the Setúbal, Aveiro, Braga, Coimbra and Leiria districts are the biggest economic centres outside these two main areas. According to World Travel Awards, Portugal was Europe's Leading Golf Destination in 2012 and 2013.
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