Portugal's manufacturing sector saw a decline from in 1995 to a low of in 2009, reflecting competition from other EU economies. A modest recovery followed, reaching in 2021, due to investment in high-value industries such as electronics and textiles. By 2022, the sector stabilized at , indicating Portugal’s strategy to retain manufacturing through modernization and niche market focus, despite broader economic shifts towards services.
Discover additional trends and data on Portugal’s annual GDP growth rate, Portugal’s inflation rate outlook, Portugal’s evolving mortality rate.
