Portugal, with a population of approximately 10.3 million (2023), is a southwestern European country known for its rich history, stunning coastline, and vibrant culture. The Portuguese economy is diverse, characterized by key sectors such as services, manufacturing, and agriculture. The services sector, particularly tourism, plays a vital role, drawing millions of visitors annually to its historic cities, picturesque landscapes, and renowned cuisine. Additionally, Portugal has a growing technology sector and is increasingly recognized as a hub for startups and innovation. With a GDP estimated at around $300 billion and a per capita income of approximately $28,000 (2023), Portugal is focused on sustainable economic growth and enhancing its global competitiveness. Its strategic location along the Atlantic coast provides excellent access to both European and international markets.

The Portuguese government and business community can collaborate with the World Business Council to promote sustainable tourism practices, enhance innovation in technology and agriculture, and strengthen international trade relationships for comprehensive economic development.