France France vs Portugal Portugal development indicators, 2024

Indicator
France
France, Value
Portugal
Portugal, Value
France
France, Rank
Portugal
Portugal, Rank
France France as % of
Portugal Portugal
Current account balance (% of GDP) 0.392 2.17 49 40 18 %
Exports of goods and services (% of GDP) 33.2 46.5 75 44 71.5 %
Foreign direct investment, net inflows (% of GDP) 1.75 4.27 63 23 41.1 %
GDP per capita (current US$) 46,150 28,844 26 45 160 %
GDP per capita, PPP (current international US$) 61,322 50,617 28 41 121 %
Imports of goods and services (% of GDP) 34 44.7 85 61 76.1 %
Inflation, consumer prices (annual %) 2 2.42 114 99 82.7 %
Net migration 90,527 20,648 20 37 438 %
Population, total 68,516,699 10,701,636 23 89 640 %

Demography and Health

France has a birth rate of 9.9 per 1,000 people, which is higher than Portugal's 8.1. In terms of death rates, France's rate at 9.2 is lower than Portugal's 11.2. Life expectancy is slightly more favorable in France at 82.9 years compared to 82.3 in Portugal. However, France has a higher under-five mortality rate of 4.3 per 1,000 live births versus Portugal's 3.2. Additionally, France has a higher number of physicians per 1,000 people at 3.3 compared to Portugal's 5.8, indicating potential issues with accessibility of healthcare services despite better overall health metrics. Both countries have a prevalence of undernourishment at 2.5% of the population, demonstrating a similarity in food security. Suicide mortality rates are significantly higher in France at 16.6 compared to 11.5 in Portugal, suggesting mental health may be a more pressing issue in France.

Economy

France boasts a GDP per capita of $46,150, substantially higher than Portugal's $28,844. In terms of purchasing power parity (PPP), the GDP per capita for France is also higher at $61,322 compared to Portugal's $50,617. Unemployment rates reflect different labor market conditions, with France at 7.3% and Portugal at a lower 6.5%. While Portugal still faces economic challenges, its relatively lower unemployment rate indicates a more resilient labor market. The domestic government health expenditure per capita is considerably higher in France at $5,169 (PPP) versus Portugal's $2,921, showcasing France's investment in healthcare.

Trade and Investment

France's exports of goods and services are 33.2% of its GDP, while Portugal's are significantly higher at 46.5%. This larger export percentage suggests that Portugal is more integrated into the global market. However, France excels in high-technology exports, amounting to $115.3 billion, while Portugal's high-tech exports stand at only $4.2 billion. In terms of foreign direct investment (FDI), France's net inflows are at 1.8% of GDP compared to Portugal's more robust 4.3%, which appears more appealing for investors. The current account balance shows France at 0.4% of GDP while Portugal has a healthier surplus of 2.2%.

Governance and Institutions

France ranks higher in terms of control of corruption, government effectiveness, regulatory quality, and rule of law as compared to Portugal. The control of corruption score is 1.2 for France against 0.7 for Portugal, indicating better governance practices in France. However, Portugal performs better in political stability with a score of 0.7 compared to France's 0.3, suggesting that Portugal may experience less political turmoil. The logistics performance index highlights France's superior trade and transport-related infrastructure quality (3.8) compared to Portugal's 3.6. Overall, France demonstrates stronger institutions, yet Portugal shows advantages in political stability.

Infrastructure and Technology

France shows strong technological capabilities, particularly in high-technology exports and a significantly higher number of patent applications at 13,386 compared to Portugal's 711. Both countries have similar internet usage rates, with France at 86.8% and Portugal at 85.8%, indicating almost universal access to the internet. However, infrastructural quality, measured by the logistics performance index, ranks France higher at 3.8 compared to Portugal's 3.6. This suggests that while both countries are making strides in technological access, France may have superior systems in place for facilitating trade and commerce.

Environment and Sustainability

In terms of renewable energy consumption, Portugal outperforms France significantly, utilizing 32.3% of its total final energy consumption from renewable sources compared to France’s 16.2%. This indicates Portugal's ongoing commitment to sustainable energy practices. In terms of water stress, France is at 21.6%, indicating more significant pressure on freshwater resources compared to Portugal’s 12.3%. Total greenhouse gas emissions per capita are also a concern, with France emitting 5.6 tons CO2e per capita while Portugal emits 5 tons CO2e. Both nations need to continue their efforts in environmental sustainability, but Portugal currently leads in several key factors.