Portugal Statistics for Digital Nomads

Portugal Statistics for Digital Nomads

 Portugal offers one of the ideal settings for your digital nomad adventure. We recognize that data and information are your valued allies as you take a step toward your new journey. We, therefore, cordially encourage you to explore statistics about Portugal, from real estate to education and tourism.

We hope to provide you with a comprehensive overview of Portugal’s digital nomad scene. It’s a well-curated compilation of data. Whether you want to set up your laptop amid Lisbon’s cobblestone streets or uncover Porto’s hidden beauties, prepare to be inspired and intrigued.

Portugal Real Estate Stats

Take a tour around Portugal’s real estate market as we present you with a wealth of data. Find out trends in the real estate market and information on the most sought-after neighborhoods—from lively Lisbon to tranquil Algarve.

  • Foreign direct investment in Portugal was 630 million euros in the first quarter of 2023.
  • Between 2008 and the first quarter of 2023, foreign direct investment stock in Portugal more than doubled, while Portugal’s stock of direct investment abroad grew by 18%.
  • In the first quarter of 2023, the Netherlands was the country in which Portugal invested the most, with a direct investment stock of 17.8 billion euros.
  • At the end of the first quarter of 2023, the stock of foreign direct investment in Portugal (FDI) was 172 billion euros (70% of GDP), and the stock of Portugal’s direct investment abroad (IPE) totaled 63 billion of euros (26% of GDP).
  • In the first quarter of 2023, FDI transactions totaled around 630 million euros. This value corresponded mainly to real estate investment made by non-residents in Portugal. In geographic terms, investment made by investors residing in European countries stood out.
  • In the first quarter of 2023, FDI transactions totaled around 630 million euros. This value corresponded mainly to real estate investment made by non-residents in Portugal. In geographic terms, investment made by investors residing in European countries stood out.
  • In the first quarter of 2023, FDI transactions totaled around 630 million euros. This value corresponded mainly to real estate investment made by non-residents in Portugal. In geographic terms, investment made by investors residing in European countries stood out.

Source: BPstat

Expatriates in Portugal

Discover the factors that make Lisbon and Porto, two of the most popular expat destinations in Portugal.

  • According to the UK Government, Lisbon ranked 12th out of 49 cities in the Expat City Ranking 2023.
  • Lisbon: This city is one of the most dynamic in terms of real estate investment in Europe, ranking 6th among European cities with the greatest growth potential, according to the EMEA Investor Intentions Survey 2023.
  • Porto: Porto offers properties with prices around 30% lower than Lisbon, making it one of the regions that has attracted the most foreign investors interested in the real estate sector in recent years, with 2023 not far behind.

Source: Statista

Statistics about American Expats in Portugal

Are you planning to become a part of the expanding American expat community in Portugal? Explore illuminating facts that shed light on the experiences, difficulties, and narratives of those who have chosen to call Portugal home.

  • US citizens represented 15% of the total number of homes purchased by foreigners in Portugal last year, continuing the growth trend in 2023.
  • Around 40% of homes purchased by North American citizens reside in Lisbon, 13% in the Algarve and 9% in Porto.

Source: Expresso

  • Portugal was very safe, ranking sixth in the 2023 Global Peace Index.
  • “The first quarter of 2023, Americans already accounted for 67% of real estate investment in the country.” Director of JLL

Expat Stats in Portugal

  • The share of digital nomads worldwide by nationality in 2023, with Portugal ranking second (8%) after the United States (31%).
  • The number of countries that let digital nomad visas in 2023, with Portugal being one of the 13 countries in Europe that have this option.
  • The top remote working city destinations worldwide in 2021, with Lisbon ranking first and Porto fourth according to the Holidu index score.

Source: Statista

  • The number of immigrants in Portugal in 2021, which was around 940,000, a 11% increase from 2020.
  • The number of emigrants from Portugal to OECD countries in 2021, which was around 47,000, a 21% increase from 2020.
  • The new law introducing a job search visa and a digital nomad visa in Portugal in 2023, which aims to attract more foreign workers and entrepreneurs.

Source: OECD

  • The EU budget allocated to Portugal in 2021, which was 21.2 billion euros, mainly for cohesion, agriculture, and rural development.
  • The EU recovery plan provided to Portugal to deal with the impact of the COVID-19 pandemic, which was 15.3 billion euros in grants and 15.7 billion euros in loans.
  • The EU membership benefits for Portugal, which included access to the single market, the euro currency, the Schengen area, and the common foreign and security policy.

Source: European Union

  •  The population density in 2020, which was 111.5 people per km², lower than the world average of 52.0 people per km.
  • The gross domestic product (GDP) per capita in 2020, which was 23,200 US dollars, higher than the world average of 11,500 US dollars.
  • The internet users in 2020, which was 83.7% of the population, higher than the world average of 59.5%.

Source: World Dat

  • The GDP growth rate was 2.0% in 2023.
  • The unemployment rate was 6.4% in 2023.

Source: OECD

Tourism in Portugal Statistics 

Examine travel and tourism data in Portugal.

  • In 2023, Portugal had an estimated 57,900 travel and tourism companies, of which 13.4% were international. The number of employees in the travel and tourism sector was 372,400, of which 8.7% were digital nomads.
  • In 2023, Lisbon was the top remote-working city destination in Portugal, followed by Porto and the Algarve. Lisbon offered a vibrant cultural scene, a mild climate, and a low cost of living compared to other European capitals.
  • According to the Expat Insider 2023 survey, Portugal ranked 10th out of 53 destinations for expats, with high scores for quality of life, ease of settling in, and personal finance.
  • The same survey, reported that 85% of expats in Portugal were happy with their life, compared to 72% globally. They also enjoyed the climate, leisure options, safety, and welcoming culture of the country.
  • The total contribution of tourism to GDP was 42.1 billion U.S. dollars in 2023.
  • The number of travel and tourism companies was 79,000 in 2021.
  • The number of employees in the travel and tourism sector was 380,000 in 2021.
  • The inbound tourism volume was 13.8 million visitors in 2022.
  • The hotel bed occupancy rate was 63.9% in 2022.
  • Portugal was the seventh best country for road trips in Europe in 2022.

Source: Statista

Healthcare Statistics in Portugal

Find out the numbers that help to clarify Portugal’s healthcare system.

  • The population by age and sex was 10.3 million, with 51.9% female and 48.1% male in 2020.
  • The completeness of birth and death registration was 100% in 2020.

Source: WHO

  • The EU budget allocated to Portugal was 21.2 billion euros in 2021.
  • The EU funds supported projects in areas such as research and innovation, social inclusion, education and training, and environmental protection in Portugal.
  • The EU recovery plan provided 15.3 billion euros in grants and 15.7 billion euros in loans to Portugal to cope with the impact of the COVID-19 pandemic.
  • The EU membership benefits for Portugal included access to the single market, the euro currency, the Schengen area, and the common foreign and security policy.

Source: European Union

Education in Portugal Statistics

Let’s learn about Portugal’s educational system and make your decisions based on proven data.

In 2023,

  • Portugal spent about 5.4% of its GDP on education, higher than the OECD average of 5.1%.
  • The tertiary education attainment rate among 25-34 year-olds in Portugal was 40%, up from 23% in 2010 and above the OECD average of 38%.
  • The average annual tuition fees for full-time students in public tertiary institutions in Portugal were 1,106 USD, much lower than the OECD average of 5,166 USD.
  • The share of international students among all tertiary students in Portugal was 13%, higher than the OECD average of 8%.
  • The unemployment rate among 25-64 year-olds with tertiary education in Portugal was 5.9%, lower than the OECD average of 6.2%.

Source: Statista

The Wrap Up

Portugal offers an unmatched environment for individuals wishing to combine business and travel. The country is a good option for digital nomads because of its dedication to innovation, tech-friendly laws, fast internet, and co-working spaces.

Portugal’s cost of living is still competitive on a worldwide level, becoming known as a destination that welcomes the digital nomad lifestyle.

If you’ve found this article insightful, you might also check out “Digital Nomad Statistics” to find out more interesting data about the nomad community.

Frequently Asked Questions

What was the peak population of Portugal?

Portugal's population peaked in 2009, with 10.60 million people. This was the highest population the country had ever had. Birth, death, immigration, and emigration rates can all have an impact on a country's population dynamics.

What type of visa do I need to work in Canada as a solo traveler?

The population of Portugal is expected to reach 9.91 million by 2030. It is anticipated to fall further to 9.08 million in 2050 and 6.98 million in 2100. These forecasts are based on current trends in birth, death, and immigration statistics.

What is the population density of Portugal in 2023?

Portugal's population density in 2023 was 111.11 per square kilometer. Population density is a measure of the number of people living per unit area that is commonly used to compare urbanization levels among countries.

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