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PORTUGAL
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*Madeira and Azores not shown

As one of the oldest countries in the world, Portugal has faced many challenges over its nearly 900-year existence, yet it has always managed to emerge stronger than before. After the Great Recession, Portugal reinvented itself as a hub of tourism, technology, and entrepreneurship. Portugal is now home to numerous startups, which are disrupting and driving the future of European innovation. In the years since the Recession, Portugal has attracted millions of visitors and hundreds of thousands of new residents, which has transformed its consumer base into one of the most vibrant in the EU—making it a prime market for exports and expansions. Portugal also hosts a growing number of business processing outsourcing facilities (particularly in its capital region). Thus far, the national government has acted decisively to protect both its population and economy from COVID-19, so we're confident that Portugal will emerge stronger from this current crisis too.