Germany vs Portugal
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax — to help you decide where to invest, incorporate, or relocate.
Overall: Germany ranks higher
Germany scores 85/100 on our composite investment index, ahead of Portugal at 72/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
82
Economic strength
Germany leads
70
90
Political stability
Germany leads
78
88
Business climate
Germany leads
72
86
Financial maturity
Germany leads
68
62
Growth outlook
Portugal leads
72
Macro snapshot
4,460
GDP (USD bn)
+4172.9 bn
287
0.3%
GDP growth (%)
-1.9 pp
2.2%
$52,000
GDP per capita (USD)
+24180.0
$27,820
2.9%
Inflation (%)
+0.4 pp
2.5%
1.8%
FDI (% of GDP)
-3.0 pp
4.8%
65%
Public debt (% of GDP)
-35.5 pp
101%
84
Population (M)
+73.7M
10.3
Germany — strong sectors
- Manufacturing20.0% of GDP90
- Automotive6.0% of GDP82
- Technology7.0% of GDP80
- Energy4.0% of GDP72
Portugal — strong sectors
- Tourism15.2% of GDP78
- Renewable Energy5.5% of GDP75
- Technology & Startups4.8% of GDP72
- Cork & Agriculture2.8% of GDP68
Frequently asked
Which is better for investment: Germany or Portugal?
Our composite investment index gives Germany a score of 85/100 and Portugal a score of 72/100. Germany ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is Germany a safer market than Portugal?
Risk classification puts Germany as safe (Strong fundamentals, stable governance, favorable investment climate) and Portugal as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Germany or Portugal?
Germany is currently growing at 0.3% per year, vs 2.2% for Portugal. Portugal has the faster headline growth rate today.