Portugal's manufacturing sector saw a decline from 15.9% in 1995 to a low of 11.1% in 2009, reflecting competition from other EU economies. A modest recovery followed, reaching 12.4% in 2021, due to investment in high-value industries such as electronics and textiles. By 2022, the sector stabilized at 12.2%, 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.
