Portugal PT: BERD Performed: Service Industries

1988 - 2021 | Yearly | % | Organisation for Economic Co-operation and Development

Portugal PT: BERD Performed: Service Industries data was reported at 58.864 % in 2021. This records a decrease from the previous number of 59.467 % for 2020. Portugal PT: BERD Performed: Service Industries data is updated yearly, averaging 50.404 % from Dec 1988 (Median) to 2021, with 34 observations. The data reached an all-time high of 61.878 % in 2010 and a record low of 19.971 % in 1992. Portugal PT: BERD Performed: Service Industries data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Portugal – Table PT.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.

In Portugal, a significant number of entities previously classified in the PNP sector were re-classified to the higher education sector in 2013. Besides, R&D personnel occupation categories have been reviewed: researchers, technicians and other support staff have been defined according to the main functions performed by each individual as part of R&D activities and according to criteria based on the ISCO classification, rather than being defined only by the level of academic qualification. In 2008, the number of R&D personnel increased because of methodological improvements: the results of the individual survey forms were combined with information from other internal databases resulting notably in the inclusion of all permanent academic staff and all researchers funded by the Ministry of science, technology and higher education in 2008.

Due to methodological improvements in the 2008 R&D survey as well as complementary information collected from internal databases, there is now a more complete and accurate measure of R&D resources - both expenditure and personnel - in the Higher education sector. In particular, the large increase in higher education funded R&D is due to the inclusion of more accurate data related to private higher education institutions.

Beginning with the 2007 survey, the following measures resulted in a significant increase in Business enterprise R&D: the reintroduction of the fiscal incentive, SIFIDE; an increase in the number of the firms performing R&D activities; and an updating of the Business Enterprise register.

New methodological procedures have been adopted for the 1997 survey so that only R&D activities are covered in the survey. The classification of BERD by NACE (Rev 1) was introduced and the data have been revised back to 1995. Some of the PNP units have been re-classified to the Business Enterprise and Higher Education sectors.

In 1997, due to a new accounting method for structural funds from the European Commission, funds from the Rest of the World and direct Government financing are not comparable with those of earlier years.

Before 2002, GBARD figures include EU funding programs. Thereafter, they are excluded, as set out in the 2015 Frascati Manual.

View Portugal's Portugal PT: BERD Performed: Service Industries from 1988 to 2021 in the chart:

Portugal Portugal PT: BERD Performed: Service Industries

What was Portugal's Portugal PT: BERD Performed: Service Industries in 2021?

Last Previous Min Max Unit Frequency Range
58.864 2021 59.467 2020 19.971 1992 61.878 2010 % yearly 1988 - 2021

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Portugal Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 54,620.039 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 31,271.688 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 1.900 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 5.0 Sep 2022 quarterly Mar 1996 - Sep 2022
GDP per Capita (USD) 27,832.655 2023 yearly 1960 - 2023
Gross Fixed Capital Formation (USD mn) 15,235.115 Dec 2024 quarterly Mar 1995 - Dec 2024
Gross National Product (GNP) (USD mn) 77,768.761 Sep 2024 quarterly Mar 1999 - Sep 2024
Gross Savings Rate (%) 26.9 Sep 2024 quarterly Mar 1999 - Sep 2024
Investment: % of GDP (%) 21.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Nominal GDP (USD mn) 60,609.1 Sep 2022 quarterly Mar 1995 - Sep 2022
Nominal GDP Growth (%) 10.841 Dec 2022 quarterly Mar 1996 - Dec 2022
Private Consumption Expenditure (USD mn) 48,069.729 Dec 2024 quarterly Mar 1995 - Dec 2024
Private Consumption: % of GDP (%) 64.1 Dec 2024 quarterly Mar 1995 - Dec 2024
Public Consumption Expenditure (USD mn) 13,014.750 Dec 2024 quarterly Mar 1995 - Dec 2024
Public Consumption: % of GDP (%) 20.4 Dec 2022 quarterly Mar 1995 - Dec 2022
Real GDP Growth (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Total Trade of Goods & Services: % of Nominal GDP (%) 87.802 Dec 2024 quarterly Mar 1977 - Dec 2024
Production Last Frequency Range
Gold Production (kg) 89.000 1992 yearly 1990 - 1992
Industrial Production Index Growth (%) -3.7 Jun 2023 monthly Jan 1996 - Jun 2023
Minerals Production (Metric Ton) 1,138,639.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 318,231.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 46.048 2021 yearly 1990 - 2021
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -3.9 Dec 2013 monthly Jan 2006 - Dec 2013
Construction and Properties Last Frequency Range
Building Permits (Unit) 3,982.000 Sep 2024 quarterly Mar 1971 - Sep 2024
House Prices Growth (%) 9.8 Sep 2024 quarterly Mar 2010 - Sep 2024
Nominal Residential Property Price Index (2010=100) 213.203 Sep 2024 quarterly Mar 2000 - Sep 2024
Nominal Residential Property Price Index Growth (%) 9.790 Sep 2024 quarterly Mar 2000 - Sep 2024
Real Residential Property Price Index (2010=100) 165.055 Sep 2024 quarterly Mar 2000 - Sep 2024
Real Residential Property Price Index Growth (%) 7.476 Sep 2024 quarterly Mar 2000 - Sep 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Forecast: Government Expenditure (EUR bn) 144.404 2029 yearly 1986 - 2029
Forecast: Government Net Debt (EUR bn) 259.090 2029 yearly 1990 - 2029
Forecast: Government Revenue (EUR bn) 145.167 2029 yearly 1986 - 2029
Government Debt: % of GDP (%) 95.0 Dec 2024 quarterly Dec 1995 - Dec 2024
National Government Debt (USD mn) 280,150.2 Dec 2024 quarterly Mar 2000 - Dec 2024
Tax Revenue (USD mn) 15,828.134 Mar 2024 quarterly Mar 1999 - Mar 2024
Consolidated Fiscal Balance (USD mn) 4,773.494 Sep 2024 quarterly Mar 1995 - Sep 2024
Tax Revenue: % of GDP (%) 21.9 Mar 2024 quarterly Mar 1999 - Mar 2024

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