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    Portugal

    Extended
    Europe · #20 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    69.0▼ -0.6 YoY
    ●●○0.80IEPA COMPOSITE

    Portugal scores 69.0 out of 100 on the IEPA (2024 edition), ranking #20 of 117 economies. That is down 0.6 points on the year before. Its strongest zone is Entrepreneurship Capacity at 78.9. Its binding constraint, the lowest-scoring of its six zones, is Prosperity Outcomes at 60.0. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    2010201220142016201820202022202420264856647280
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    2010201120122013201420152016201720182019202020212022202402468
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #41of 145 ranked economies▲ 1 place since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202437404346
    CAPABILITY RANK · HIGHER IS BETTER
    1.69% / yr
    Implied growth
    Annual growth the current capability base points to.
    403
    Diversity
    Distinct products made at competitive scale.
    +0.71
    Capability score
    Standardized: 0 is the world average.
    +1.93
    Outlook
    Value of the new products within reach of what it already does.
    READ ALONGSIDE THE INDEX
    This market sits in the top 14% on the IEPA composite but the top 33% on productive capability. The wider system is converting more than the productive base alone would predict, which puts the question on how durable that is. Both figures rank the same 115 markets that carry each measure.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Textile Apparel and Accessories31 of 50 made · 84% of the rest within reach
    Construction, Building, and Home Supplies57 of 104 made · 74% of the rest within reach
    Textile and Home Goods43 of 78 made · 71% of the rest within reach
    Agriculture53 of 200 made · 57% of the rest within reach
    Metalworking and Electrical Machinery and Parts38 of 155 made · 67% of the rest within reach
    Minerals12 of 48 made · 53% of the rest within reach
    Electronic and Electrical Goods14 of 73 made · 73% of the rest within reach
    Industrial Chemicals and Metals15 of 157 made · 37% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Electronic and Electrical Goods. This market makes 19% of that cluster today, and 73% of what it does not make sits one step from something it already does.
    READ ON THE 263 OF 403 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Food preparations n.e.c.$56B world market
    Agrifood & FisheriesOPENS 0.11 · COMPLEXITY -0.11
    Stoves and similar non-electric appliances of iron or steel$11B world market
    Mining, Metals & MaterialsOPENS 0.10 · COMPLEXITY +0.11
    Chocolates$39B world market
    Agrifood & FisheriesOPENS 0.08 · COMPLEXITY -0.21
    Womens overcoats, not knit$19B world market
    Textiles, Apparel & LeatherOPENS 0.07 · COMPLEXITY -0.42
    THE NEAREST OPTIONS AMONG 311 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    LIVE SIGNALS
    Blockchain.com's IPO target, Quartermaster's $100m, and Evonik says no to €10.3b - Axios
    Google News · Portugal · Startups & Innovation · Sep 28 · Startup Ecosystem
    PEERS · EXTENDED
    🇸🇮Slovenia67.5→🇨🇦Canada67.5→🇪🇪Estonia67.0→🇱🇹Lithuania66.8→
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-07-17
    2,604organizations indexed across 8 types · 2,438 mapped
    Universities & research bodies
    824
    Research organizations
    621
    Corporate R&D
    613
    Government bodies
    201
    Incubators
    157
    Health research
    152
    Fab labs & makerspaces
    26
    Science & tech parks
    10
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 2,604 indexed
    startUP Montemor-o-Novo
    Incubators · Montemor-o-Novo
    LISPOLIS - Polo Tecnologico de Lisboa
    Science & tech parks · Lisboa
    Creative Science Park - Aveiro Region
    Science & tech parks · Ílhavo
    Instituto Superior de Contabilidade e Administração de Coimbra
    Universities & research bodies · Coimbra · 1972
    Centro de Estudos Florestais
    Universities & research bodies · Lisbon
    Future Balloons (Portugal)
    Corporate R&D · Figueira da Foz Municipality
    Awaiba (Portugal)
    Corporate R&D · Funchal · 2004
    Fulbright Portugal
    Research organizations · Lisbon
    Paróquia de Nossa Senhora do Cabo de Linda-a-Velha
    Research organizations · Linda a Velha
    Hospital Lusíadas Lisboa
    Health research · Lisbon
    Hospital de Santo Espirito de Angra do Heroísmo
    Health research · Angra do Heroísmo
    Members get the full directory, filters, and exports.See all 2,604 organizations →

    Portugal: common questions

    What is Portugal's IEPA score?
    Portugal scores 69.0 out of 100 on the IEPA, 2024 edition, which ranks it #20 of 117 economies.
    What is Portugal's strongest zone?
    Entrepreneurship Capacity, at 78.9. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Portugal back?
    Its binding constraint is Prosperity Outcomes, at 60.0, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Portugal compare with its peers?
    The closest scored peers are Slovenia (67.5), Canada (67.5), Estonia (67.0), Lithuania (66.8).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Portugal →