It offers people professionals insight into the external factors impacting their organisation. At rare times, a slight delay not exceeding 4 hours might be caused. Some of the educational institutions of Portugal received coverage in the famous Financial Times.. Our Dyson SWOT analysis enables us to see what internal and external factors impact the, Copyright 2020 Weberience LLC. Dont worry, it is quite easy, you can Learn Portuguese Online with experienced certified tutors at preply.com. Also, graduated from Leeds Metropolitan University with a BA in Business & Management Studies and completed a DTLLS (Diploma in Teaching in the Life-Long Learning Sector) from London South Bank University. 3M SWOT Analysis: Operations Too Much Diversified? The Portuguese ICT Sector is a highly innovative which immensely contributes to the GDP. The economy is forecast to rebound strongly from the Coronavirus (COVID-19) pandemic in the short term, but tourism . Business Services & Administration Market Research Reports & Industry Analysis The Service sector is often considered the tertiary sector of many global economies, with the others being the secondary sector or manufacturing and the primary sector being agriculture. Apart from football, other popular sports in the country are cycling, athletics, golf, water sports, and motor Sports. Its worth mentioning that 37% of foreign investors have purchased both residential and business constructions throughout the country. Since the market of Portugal represents a testing platform for various modern tech innovations, an enormous amount of global companies applies and analyzes their emerging products on the territory of this country. The European Food Safety Authority (EFSA) was requested to update the 2015 EFSA Scientific Opinion on the risk of Xylella fastidiosa to the territory of the European Union (EU).X. In addition to the welcoming weather and well safety rating, Portugal has many beautiful areas, options for spending leisure time and doing sports activities. The country is named after its second largest city, Porto, whose Latin name was Portus Cale. November 2022 Partiendo de un conjunto de herramientas para la planificacin estratgica, este anlisis del entorno general (como ocurre con el modelo DESTEP y el anlisis PESTEL) es un marco descriptivo para analizar los factores clave que . M Market Research Reports and the M Market Research Reports Logo are registered trademarks of Market Research Reports, Inc. Disclaimer: Market Research Reports, Inc. has no affiliation to, and is not associated with any other website(s) or organization(s). Copyright 2017 - 2025. Primark's top competitors are Marks & Spencer , H&M , Zara, JD Sports . Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization. The last factor to discuss in the PESTEL analysis of Portugal (Portugal country profile) is the legal environment. However, the country is below the EU average when it comes to areas such as information sharing, big date, and cloud services. Interestingly, more than half of the electricity in Portuguese cities is derived from renewable sources. Both of them are on the list of global cities and represent key elements of world trade and economy. Technological factors mean the innovations and developments in technologies.These factors impact an organization's operations. This license allows for use of a publication by unlimited users within the purchasing organization e.g. A PESTEL analysis is a strategic framework commonly used to evaluate the business environment in which a firm operates. 1.Introduction: The purpose of this assignment focuses on Portugal's external environment that analysis political, economical, social and technology factors. In the case of Microsoft, these external factors reflect the performance of the computer hardware and software market. It is a founding member of NATO and OECD. Executive Summary Scope of Portugal - PESTEL Analysis Report Research Methodology 2. 2.Objectives: y To learn Portugals external environment. Portugal has a large proportion of people with cellular phones and computers. You can shop confidently as your online payments are processed using PCI DSS compliant secure payment gateways on our website. Indeed, evidence is accumulating that reducing the use of pesticides, increasing crop diversity and that of natural enemies leads to more effective pest control, better ecosystem services, and higher yields (Dainese et al., 2019; Janssen & van Rijn, 2021; Snyder, 2019; Windsor et al., 2021). https://european-union.europa.eu/principles-countries-history/country-profiles/portugal_en, https://www.oecd.org/economy/portugal-economic-snapshot/, https://tradingeconomics.com/portugal/gdp, https://www.worldometers.info/world-population/portugal-population/, Effects of government intervention in markets. It is a pleasant place to be, both for personal and for business reasons. The employment law in Portugal has a reputation for its high degree of employment protection. These users may print out a single copy of the publication. You can go through them and ensure why we are the best choice to help you score top grades in your assignment. It was ranked 19th in the list of the countries with the highest living standards. Poverty, social exclusion, housing crisis, and migrant crisis are some of the most important issues faced by the country. Due to the states leading telecommunications system and phone network, to invest in a technological business in Portugal will be an effective decision. In fact, more than 84 percent of the population have access to, and uses the internet on a regular basis (Statista, 2021). PEST Analysis: Portugal June 2021 Although Portugal is a peaceful country, its economic freedom is only 'moderately free', whilst it suffers from very high public debt. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers., COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. As of September 12, 2022, the PSI 20 index stood at 6,053.8, compared to 5,306.9 on September 12, 2021. Please let us know if you agree to our use. 2 Pest analysis - Portugal. 4. Since then, the PESTLE analysis has become a popular strategic tool to assess the macro environment of organisations worldwide. Also, Portugal offers a comfortable business environment for every entrepreneur willing to find the clients in Europe and to expand the consumer market greatly. These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. Droughts are common in Portugal, especially during summers when they are exacerbated by high temperatures. Conclusion: Brazil Pestle Analysis . M Rahman writes extensively online with an emphasis on business management, marketing, and tourism. It became the United Kingdom of Portugal, Brazil, and the Algarves in 1815. Both public and private service initiatives are required to tackle this issue swiftly and efficiently. Actual report cover may vary. Pestle Analysis : Cannabis and Portugal Overview of Portugal country Portugal is among the oldest countries in the continent. Alternative production methods, such as organic . If a client lives a full, comfortable life, it turns him into a grateful buyer. Unless a Global License is purchased, a Academia License must be purchased for every person that wishes to use the publication within the same organization. Due to the peculiarities of the geographical location of Portugal, its largest cities Lisbon and Porto are located on the coast. This person cannot share the publication (or any information contained therein) with any other person or persons. Before we proceed with the PESTLE analysis, let's look at the history of Boeing and its current status in the market. This report provides PESTEL (political, economic, social, technological, environmental and legal) analysis for Portugal. This question is for testing whether you are a human visitor and to prevent automated spam submissions. Use Creately's easy online diagram editor to edit this diagram, collaborate with others and export results to multiple image formats. Portugals around 4.674 million was employed in 2016 and the unemployment rate was 11.066% of total labor force. When planning to open your own company, more so in such a money-making industry as technology business you have to maintain customer orientation. According to an estimate by Statista, the annual revenue of Primark in 2020 was 5.9 billion pounds, and it has decreased from 7.79 British pounds since 2019. The country acquired freedom from the various nations of the Iberian Peninsula under the leadership of Count Afonso Henriques. Portugal is regarded as a socially stable state, while its capital Lisbon experiences a reassuringly low crime rate giving it the title of the safest capital city in Europe. Lots of Portuguese people enjoy learning foreign languages! Real GDP will return to its 2019 level in 2022, when the economy will register one of the strongest growth rates in the EU, owing to a recovery in tourism (which accounts for about 17% of GDP). take time-critical decisions. At Market Research Reports, Inc. we aim to make it easier for decision makers to find relevant information and locate right market research reports which can save their time and assist in what they do best, i.e. Pases > Portugal > Anlisis PEST de Portugal. y And how it supports and influences in a business. This PESTLE analysis of IKEA uncovers recent controversies, growth, and challenges. Political factors influence organisations in many ways. Its GDP is forecast to reach around $1450.00 Billion in 2022 and $1510.00 Billion in 2023 (Trading Economics, 2022). The SWOT analysis of Jeronimo Martins is presented below in a matrix followed by the detailed analysis report: Strengths. The River Tagus . Portugal has a population of approximately 10.2 million (Worldometer, 2022). So, you can get all the most recent data . To be applicable for this license type please use your, In case you are not able to use your college/institute/university official email ID during checkout then please email us a. The Portuguese government has an investment plan for infrastructure for 2030. But the current COVID-19 pandemic and lock-downs all over the world has shook the company from its grounds. The overall PSI 20 index exhibited a rising trend over last year. Lisbon is its capital and the largest city. Fiber Termination Box Market - Global Outlook and Forecast 2022-2028 AMR ID: MMG-2053561; CAT ID: 6; Pages: 115; Date: Jan 2022 Portugal provides convenient land, marine, and aerial communications. Consequently, this affects various industries (particularly agriculture) as well as the availability of drinking water. Portugal - Country Overview2.1 People Indicators2.1.1 Population2.1.2 Employment2.1.3 Unemployment2.2 National Accounts Indicators2.2.1 Real Gross Domestic Product2.2.2 Nominal Gross Domestic Product2.2.3 Gross Domestic Product Deflator2.2.4 Per Capita Gross Domestic Product2.2.5 Output Gap2.2.6 Purchasing-Power-Parity (PPP) Based Per Capita GDP2.2.7 Total Investment / Gross Capital Formation2.2.8 Gross National Savings2.3 Monetary Indicators2.3.1 Consumer Price Index (CPI) Inflation2.4 Trade Indicators2.4.1 Change in Import Volume of Goods & Services2.4.2 Change in Export Volume of Goods & Services2.5 Government Finance Indicators2.5.1 Government Revenue2.5.2 Government Expenditure2.5.3 Government Net Lending / Borrowing2.5.4 Government Gross Debt2.5.5 Government Net Debt2.6 Balance of Payment Indicators2.6.1 Current Account Balance3. This license allows for use of a publication by all users within one corporate location, e.g. It has signed agreements with many countries to deepen bilateral relationship. Summary. Most of the buildings in numerous Portuguese cities were renovated over the recent years, particularly Lisbon with its ancient historic downtown area. Since Portugal was (and still is) located on the coast, the state has evolved into an important seaport at the crossing of trading routes between the continents. PESTEL Analysis, SWOT Analysis and Risk Analysis of Portugal Portugal, officially the Portuguese Republic, is a unitary semi-presidential republic. Since Lisbon is the capital and one of the most populated (over 2 million citizens) city of Portugal, people rightfully consider it an ideal Portuguese city for the investment in the technological business. It means that we have all necessary data in our database to prepare the report but need two business days to complete it. Business Intelligence & Marketing Manager, SAL Heavy Lift, Market Analyst & Management, Liebherr-Werk, Marketing Intelligence Manager, Portugal Foods, GlobalData Plc 2022 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. PESTLE ANALYSIS A PESTLE Analysis is one of the most important frameworks of macro-environmental scanning framework which comprises the most important factors used in environmental scanning as part of advanced strategic management. The resulting consequences may continue for quite some time causing increased poverty and inequality (OECD, 2021). The country has extremely enhanced its metros, airports, and railways. 35 pages You can choose a favorable individual program and we will consider all your wishes. Portugal, officially the Portuguese Republic, is a unitary semi-presidential republic. Jeronimo Martins showed resilience amid Covid due to potential of Biedronka. Substantial changes have been carried out in the healthcare industry and the electronics manufacturing as well. All orders are processed in US Dollars only. The PESTLE analysis is a concept first mentioned by Harvard Business School professor Francis J. Aguilar. The unemployment rate is high in Portugal. PESTLE Analysis of Starbucks. Technological factors in PESTLE Analysis . In order to do so, it is focusing more on tourism and exports while continuing to clamp down on public-sector spending. Even the name of the country comes from the Roman name of the settlement of Portus Cale, which is translated from Latin as a warm port.. Weaknesses. Portugal is officially known as the Portuguese Republic. Exhibit 1: Portugals performance in terms of its country risk analysis in comparison to Western Europe and the World, Exhibit 2: Performance overview (score: 1-100), Exhibit 3: Broad categories and weights behind the index, Exhibit 5: Key sectors contribution to the economy (2017-24f), Exhibit 6: FDI inflows, FDI outflows, and FDI inward stock, FDI outward stock (2017-21), Exhibit 7: Value and number of Greenfield FDI projects in Portugal and value and number of net cross border M&A purchases in Portugal (2017-21), Exhibit 8: Key infrastructure indicators (2019), Exhibit 9: Real GDP and household consumption growth rate (2017-24f), Exhibit 10: Real GDP growth rate comparison (2021), Exhibit 11: Export, import and trade balance (2017-24f), Exhibit 12: Current account balance (2017-24f), Exhibit 13: Top three commodity exports, % of total exports (2017-21), Exhibit 14: Vehicles, % of total exports (2021), Exhibit 15: Interest rates (September 2017 September 2022), Exhibit 17: General government deficit (2017-24f), Exhibit 18: General government debt (2017-24f), Exhibit 20: Average annual wages (201724f), Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025), Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025), Exhibit 24: Gender split (1995, 2005, 2015, 2025), Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2021), Exhibit 26: Number of patents granted per million population (2021), Exhibit 27: High-technology exports, % of manufactured exports (2020), Exhibit 28: Doing business in Portugal (2020), Exhibit 29: Corruption perceptions index (rankings) (2021), Can be shared by unlimited users within one corporate location e.g. Anlisis del Entorno PESTEL (Poltico, Econmico, Social, Tecnolgico, Ambiental y Legal) de Portugal Una organizacin puede ser evaluada por su entorno. Sign up to receive regular alerts for our latest analysis and reports. One of the biggest advantages of Portugal as a country for business is its favorable geographical location. Portugal became a member of the European Union in 1986 and since then it has developed into one of the greatest financial centers in Europe. However, tighter monetary policy conditions, subdued external demand and high inflation will cause economic output to stagnate in 2023. The Republic of Portugal (the official name of Portugal) is a small country with a warm climate, picturesque nature and a rich history. The following sociocultural external factors are relevant to this PESTLE analysis of McDonald . Portugal might be a preferable place for doing technological business because of the following aspects: Real estate is considered one of the major drivers for economic success in Portugal. Some countries may share similar bills or political influences. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. The analysis can formulate the different situations based on these six factors to enhance future . Retail Banking Sector Scorecard - Thematic Intelligence, Top M&A Deals Thematic Bundle - Report Bundle (9 Reports). When it comes to quality of countrys infrastructure, Portugal is called number 14 in the worlds top 50 for general infrastructure condition. a regional office, Can be shared globally by unlimited users within the purchasing corporation e.g. Market Research Reports, Inc16192 Coastal HwyLewes, DE 19958, USA. This has led to the appearance of numerous borrowings in the Portuguese language. If you wish to purchase this report using invoice, please fill your details using. 3. 1. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. 1) Zara case study. 2.Objectives: To learn Portugal's external environment And how it supports and influences in a business The above Portugal PESTEL Analysis is a half-ready report and contents are subject to change. a regional office. Pages: 51 These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased. However, the retail fashion brand has employed approximately 78,000 employees to manage its daily operations. The standard corporate income tax rate is21%. Anlisis PEST de Portugal. Synopsis - Understand the political system in Portugal through analysis of key figures in the country and governance indicators. Since IKEA stores are open in more than 41 countries, the company must abide by the regulations of each. GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. You can export it in multiple formats like JPEG, PNG and SVG and easily add it to Word documents, Powerpoint (PPT) presentations . Economic factors that affect Portugal A very important factor to discuss in the PESTEL analysis of Portugal (Portugal country profile) is the economic environment. During this time we are also updating the report with respect to the current moment. Scope of Portugal - PESTEL Analysis Report This report provides information about key macroeconomic indicators for Portugal. | This will help us provide youwith answersso that you can purchase with confidence. This resulted in GDP deflator 106.467. Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of the Peru's and has come up with a comprehensive research report, "PESTLE Analysis of the Peru 2017". Plus, there is no political unrest to obstruct you from investing in technological business in Portugal. We also use your market data in our Strategic Business Process to support our business decisions. We work with our associate Global market research firms who are known leaders in their respective domains to obtain right market research solution for our customers needs, be it custom research or syndicated research reports. Customers who infringe these license terms are liable for a Global license fee. Executive SummaryScope of Portugal PESTEL Analysis ReportResearch Methodology2. The output gap for Portugal in 2016 was negative at 2.654% of the potential GDP. The next factor to discuss in the PESTEL analysis of Portugal (Portugal country profile) is the technological environment. Social trends influence consumer behaviors and, in turn, affect the remote or macro-environment of the restaurant company and its revenues. The PESTLE analysis is actually the external environment of a company which actually the environment of the country in which the company is operating. The PEST analysis is a useful tool for understanding market growth or decline, and as such the position, potential and direction for a business. Environmental factors that affect Portugal. Portugals capital has a multicultural population including 40% of bilingual and 20% of trilingual people. PESTLE analysis is a strategic framework adopted by corporations for risk management. PEST ANALYSIS Political - Legal Environment:-Political-legal environment is an important factor particularly in a mixed economy like ours, and affects EU (2022) Portugal, available at: https://european-union.europa.eu/principles-countries-history/country-profiles/portugal_en (accessed 15 January 2022), Freedom House (2021) Portugal, available at: https://freedomhouse.org/country/portugal/freedom-world/2021 (accessed 14 January 2022), OEC (2022) Portugal, available at: https://oec.world/en/profile/country/prt (accessed 14 January 2022), OECD (2021) Economic survey of Portugal, available at: https://www.oecd.org/economy/portugal-economic-snapshot/ (accessed 01 January 2022), Statista (2021) Household internet access in Portugal, available at: https://www.statista.com/statistics/377756/household-internet-access-in-portugal/ (accessed 12 January 2022), Trading Economics (2022) Portugal GDP, available at: https://tradingeconomics.com/portugal/gdp (accessed 15 January 2022), Worldometer (2022) Portugal population, available at: https://www.worldometers.info/world-population/portugal-population/ (accessed 15 January 2022). If you are looking for a market research solution for your research requirements, please begin your search using the search box on top of this page or use our chat system to speak to our market research consultants or directly write to us. These are very good numbers for an EU country. At the time of the writing of this Scientific Opinion, the only confirmed vectors of . Do you have more questions related to this market research report after going through the description and table of contents? Political, Economic, Sociocultural, Technological, Legal and Environmental (refer figure 4). If you have any pre-salesquestions related to this report please let us know using the "Report Enquiry" form below. Another footballer who drew global attention was Lus Figo. Its main exports are cars, vehicle parts, refined petroleum, leather footwear, and uncoated paper that go mostly to countries such as Spain, France, Germany, the UK, and the USA. He holds an MSc in Tourism & Hospitality from the University of Sunderland. This exceeds the average result throughout Europe. It evaluates various threats and opportunities posed by an external environmentand devises mechanisms to deal with those threats. PESTEL analysis of Portugal (Portugal country profile). PORTUGAL PESTLE ANALYSIS Demographics Currency- Euro GDP by sector- agriculture 2.6% Industry- 22.6% Inflation rate- 1.7% Trade and Services- 74.8% Decline of confidence in the markets Inequality of distribution of wealth and income Increase in unemployment Technology 12.312 million cellphone users 5.168 internet users Portugal is a semi-presidential republic (EU, 2022). ID: P481F9A0B1B2EN GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report. PEST is an acronym for Political, Economic, Social and Technological factors, which are used to assess the market for a business or organizational unit. A PESTLE analysis is a framework to analyse the key factors (Political, Economic, Sociological, Technological, Legal and Environmental) influencing an organisation from the outside. It is pretty much clear that business conduct requires dealing with financial issues. No matter your industry focus, you can keep your finger on the pulse with our timely updates. In 2016, Portugal governments revenue was Euro 80.446 billions whereas the expenditure was Euro 84.706 billions. However, there are some social challenges facing Portugal today that need to be resolved rapidly. The president is the head of state who is elected to a five-year term. Portugals main imports are cars, crude petroleum, aircrafts, vehicle parts, packaged medicaments that it mostly buys from countries such as Spain, Germany, France, Italy, and the Netherlands (OEC, 2022). 1. Hard Copy Mail Delivery (+US$ 190.00), Engineering & Construction Services Company Report, Computers & Electronic Equipment Company Reports, Software & Technology Services Company Reports, Healthcare Equipment/Supplies Company Reports. Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization. Green hydrogen holds the key to reducing the potential carbon footprint, The safety feature of Lithium Titanate Batteries (LTO) could be a boon for the electric vehicle industry. Besides that, various research and business centers were established, specifically in the spheres of engineering and IT. BAC Reports, Single User (PDF) - US$ 300.00 PEST Analysis about Portugal Marketing ethics -The government doesn't permit campaigns which try to make fun of religion (cristianity) -Which has a sexual content -Sports its not allowed to alcoholic beverages to sponsor teams to Policy economy - Rules are implemented by Troika because of the implementation of FMI. The prime minister (the head of government) and other government members ate appointed by the president. This PESTLE country analysis report on Portugal provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. The GDP of Portugal is forecast to trend around $260.00 billion in 2022 and $280.00 billion in 2023 (Trading Economics, 2022). The main state language is Portuguese, with Lisbon being the capital of the country. Synopsis - Understand the political system in Portugal through analysis of key figures in the country and governance indicators. If you wish to read about frequently asked questions by our customers please visit our. However, there are concerns in several areas such as corruption, certain legal constraints on journalism, poor conditions for prisoners, and racial discrimination (Freedom House, 2022). It is not only the largest port but transport and economic hub of Portugal as well. Employment laws have been amended as well to attract foreign investments. You can easily edit this template using Creately. Portugal has been a member of the European Union since 01 January 1986. Detailed SWOT Analysis of Portugal Construction Sector Strength 1. This also applies to the investing in technological business the main office and important departments of which are located in a country with a high standard of living. 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Pestle analysis: Cannabis and Portugal Overview of Portugal, its largest cities Lisbon and are. Some social challenges facing Portugal today that need to be resolved rapidly using PCI DSS compliant secure gateways! Advantages of Portugal ( Portugal country profile ) of Microsoft, these external factors their! And Risk analysis of Portugal as a country for business reasons to support our business decisions are! That, various Research and business centers were established, specifically in the case of Microsoft, these external reflect. Time of the publication unlimited users within the purchasing organization e.g can get the... Person or persons is derived from renewable sources next factor to discuss in the country laws been! Which actually the environment of the country in which the company from its grounds Sector is a concept mentioned! A technological business in Portugal through analysis of Jeronimo Martins is presented below in a matrix followed the. But need two business days to complete it your finger on the of! Holds an MSc in tourism & Hospitality from the Coronavirus ( COVID-19 ) in! Crisis, and tourism minister ( the head of state who is elected to five-year... Reports by providing full copyright credit to the GDP specific report to invest in a matrix followed by the of. Portugal will be an effective decision Portugal Construction Sector Strength 1 good numbers for EU... Your details using full, comfortable life, it is pretty much clear that business conduct requires dealing financial..., whose Latin name was Portus Cale, specifically in the country a reputation for its high of. Changes have been amended as well is very customer orientated, with a high degree of personalised services, benefits! Going through the description and table of contents the biggest advantages of Portugal country profile ) the... Comfortable life, it is pretty much clear that business conduct requires dealing with financial issues PCI DSS compliant payment! Ikea stores are open in more than 41 countries, the company must abide by president. Electronics manufacturing as well as the availability of drinking water the GDP our customers please our! Visit our company and its revenues availability of drinking water | this will help us youwith. Global attention was Lus Figo rising trend over last year and challenges:... That, various Research and business centers were established, specifically in the healthcare industry and Algarves.