The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Portugal  
Rank: 31 · Score: 65.4  

Basic facts, 2020        
Population (millions) 10.3   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 230.7   M&A volume (quartile) 3rd
GDP per capita (US$) 22,410.6   Venture capital investments (quartile) Top
GDP growth (per cent) -7.6   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 31 96, 94, 94, 93, 94 65.4
1 Economic Activity 45 55, 65, 75, 79, 80 78.2
2 Depth of Capital Market 43 81, 79, 79, 81, 82 61.8
3 Taxation 9 116, 115, 115, 115, 116 108.1
4 Investor Protection and Corporate Governance 39 91, 89, 90, 88, 86 76.9
5 Human and Social Environment 34 94, 94, 94, 94, 91 40.6
6 Entrepreneurial Opportunities 29 96, 97, 96, 96, 96 69.0


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Portugal  
Western Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Austria 82.1 67.1 109.3 95.7 50.9 82.0
Ireland 84.6 69.4 114.4 98.8 46.9 74.6
Italy 83.9 76.4 101.2 64.4 45.6 74.9
Portugal 78.2 61.8 108.1 76.9 40.6 69.0
Luxembourg 71.3 49.6 99.7 86.1 45.2 64.4
Cyprus 62.8 54.2 96.4 80.9 39.4 53.5
Greece 68.7 49.2 104.5 59.9 37.0 60.4
Last updated: 21 Jun 2021