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Portugal


  • 20-March-2019

    English

    OECD Reviews of Pension Systems: Portugal

    This review provides policy recommendations on how to improve the Portuguese pension system, building on the OECD’s best practices in pension design. It details the Portuguese pension system and identifies its strengths and weaknesses based on cross-country comparisons. The Portuguese pension system consists of an old-age safety net, a pay-as-you-go defined benefit scheme and voluntary private savings. The safety net includes an old-age social pension and a complement (the so-called Complemento Solidário para Idosos or CSI), both of which pursue similar objectives but have different eligibility criteria. The defined benefit scheme has two main components: the general social security scheme (regime geral da Segurança Social) and the civil-servant pension scheme (Caixa Geral de Aposentações or CGA). The latter has been closed to new entrants since 2006 with new civil servants contributing to the general scheme. Funded voluntary pensions make up a very small share of total pension entitlements. The OECD Reviews of Pension Systems: Portugal is the fourth in the series, after Ireland (2014), Mexico (2016) and Latvia (2018), with a fifth review on Peru under preparation. 
  • 18-February-2019

    English

    Portugal can use its economic recovery to build up resilience

    Portugal’s economic recovery is now well established, with GDP back to pre-crisis levels, a substantially lower unemployment rate and renewed investment and domestic consumption now joining a robust export sector to drive the economy. Efforts should now focus on reducing vulnerabilities to build resilience to future shocks, according to a new OECD report.

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  • 18-February-2019

    English

    Launch of the 2019 Economic Survey of Portugal

    I am happy to start with some good news. Portugal’s economic recovery is now well established, with GDP back to its pre-crisis level.

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  • 4-May-2018

    English

    Skills Strategy Implementation Guidance for Portugal - Strengthening the Adult-Learning System

    Raising skills is critical to Portugal’s economic success and social well-being. As globalisation and digitalisation are transforming how people work, how societies function and how individuals interact, Portugal needs to equip its entire population with strong skills so that they can benefit from new opportunities.Portugal has put education and skills at the forefront of the political agenda for many years, but more than half of adults have not completed upper secondary education. With the population ageing rapidly and a growing skills divide between generations, Portugal needs to further strengthen its adult-learning system. To make change happen, Portugal will need a clear vision for the adult-learning system and a strong partnership between all stakeholders – all levels of government, education and training providers, employers, trade unions, the non-profit sector and learners.This report outlines areas where the accessibility, flexibility and quality of the adult-learning system can be improved, where governance and financing mechanisms can be strengthened, and provides examples of international and national good practice to help achieve these objectives. The report provides a series of concrete actions to help Portugal improve the adult-learning system and in turn enhance economic growth and social cohesion.
  • 28-August-2017

    Portuguese

    Aumentar as qualificaçŏes em Portugal

    Não obstante o progresso significativo conseguido, melhorar as competências e as qualificações continua a ser um dos principais desafios que Portugal enfrenta para aumentar o crescimento, os níveis de vida e o bem-estar.

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  • 28-August-2017

    English

    Raising skills in Portugal

    Despite significant progress made, improving skills remains one of Portugal’s key challenges for raising growth, living standards and well-being.

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  • 23-March-2017

    English

    Raising skills holds the key to higher living standards and well-being in Portugal

    For each hour worked Portugal produces about half of the output produced in the United States.

  • 17-March-2017

    English, PDF, 101kb

    Going for Growth 2017 - Portugal

    This country note from Going for Growth 2017 for Portugal identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.

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  • 13-February-2017

    English

    Portugal needs stronger investment to maintain growth and improve living standards

    Portugal’s economy has successfully recovered from the strong recession that lasted until 2014. Nonetheless, the economy’s still low investment, which has declined far more than in other Euro area countries, remains a source of concern.

  • 6-February-2017

    English

    Portugal: Successful reforms have underpinned economic recovery

    The Portuguese economy is gradually recovering from a deep recession thanks to a broad structural reform agenda that has led to rising economic growth, falling unemployment and remarkable progress in export performance.

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