Advertisement

Introduction

  • Luciano AmaralEmail author
Chapter
Part of the Palgrave Studies in Economic History book series (PEHS)

Abstract

The evolution of the Portuguese economy in the twentieth century and in the beginning of the twenty-first century is apparently easy to describe: it started the twentieth century as a relatively poor one but converged afterward to high income levels, in such a manner that it can be classified, since the 1990s, among the club of the richest economies of the world: by 1900, the size of Portuguese GDP was of about 300 million US dollars (in purchasing power parities); by 2017, it was one thousand times larger, at 311,120 million, making it rank in 64th position among the economies of the world (corresponding to a fraction of 0.27% of the world’s GDP) and place it as the 44th richest one, as measured by GDP per capita (according to the World Bank’s World Development Indicators).

References

  1. Amaral, Luciano. 2009. Portuguese Population and Employment, 1950–2007: Implications for GDP Per Capita and Labor Productivity. Análise Social 193: 767–791.Google Scholar
  2. Baganha, Maria Ioannis, and José Carlos Marques. 2001. População. In Estatísticas Históricas Portuguesas, ed. Nuno Valério, 33–126. Lisbon: INE.Google Scholar
  3. Batista, Dina, et al. 1997. New Estimates of Portugal’s GDP: 1910–1958. Lisbon: Banco de Portugal.Google Scholar
  4. Clark, Colin. 1940. The Conditions of Economic Progress. London: Macmillan.Google Scholar
  5. Henriques, Filipe Castro, and Teresa Ferreira Rodrigues. 2009. O século XX: a transição. In História da População Portuguesa. Das Longas Permanências à Conquista da Modernidade, ed. Teresa Ferreira Rodrigues, 417–513. Porto: Afrontamento e CEPESE.Google Scholar
  6. INE (Instituto Nacional de Estatística). https://www.ine.pt/xportal/xmain?xpgid=ine_main&xpid=INE.
  7. Kuznets, Simon. 1971. Economic Growth of Nations: Total Output and Production Structure. Cambridge, MA: Harvard University Press.CrossRefGoogle Scholar
  8. Lains, Pedro. 2007. Growth in a Protected Environment, 1850–1950. Research in Economic History 24: 119–160.CrossRefGoogle Scholar
  9. Maddison, Angus. 2003. The World Economy: Historical Statistics. Paris: OCDE.CrossRefGoogle Scholar
  10. Nunes, Ana Bela. 2001. Actividade económica da população. In Estatísticas Históricas Portuguesas, ed. Nuno Valério, 149–197. Lisbon: INE.Google Scholar
  11. Pinheiro, Maximiano (ed.). 1997. Séries Longas para a Economia Portuguesa, Pós-II Guerra Mundial, Vol. I - Séries Estatísticas. Lisbon: Banco de Portugal.Google Scholar
  12. Prados de la Escosura, Leandro. Contabilidad Nacional Histórica de Espana: Gasto y Producto, 1850–2017. https://espacioinvestiga.org/bbdd-chne/.
  13. Reis, Jaime. 1993. O Atraso Económico Português em Perspectiva Histórica: Estudos sobre a Economia Portuguesa na Segunda Metade do Século XIX, 1850–1930. Lisbon: IN-CM.Google Scholar
  14. ———. 2005. O trabalho. In História Económica de Portugal, 1700–2000, Vol. I, O Século XIX, ed. Pedro Lains and Álvaro Ferreira da Silva, 119–151. Lisbon: ICS.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.Nova School of Business and EconomicsLisbonPortugal

Personalised recommendations