According to the Bank of Portugal (BdP), foreign direct investment (FDI) transactions increased by 18.9% compared to the 11.1 billion registered in 2023, primarily due to investments in the capital of Portuguese entities (11.1 billion euros).
The central bank also noted that real estate investment contributed significantly, totaling 3.5 billion euros.
European countries were the largest investors in Portugal last year, with Spain (3.8 billion euros), Luxembourg (3.1 billion euros), and the Netherlands (1.4 billion euros) leading the way.
Spain invested notably in the Central, Setúbal Peninsula, Alentejo, North, West and Tagus Valley regions, while Luxembourg was the leading investor in the Autonomous Region of Madeira (33%). The Netherlands was the primary investor in Greater Lisbon (21%).
Portugal’s direct investment transactions abroad reached 7.2 billion euros (compared to 5.7 billion euros in 2023), primarily in entities located in European countries, specifically the Netherlands (1.8 billion euros), Spain (1.1 billion euros), and Luxembourg (1.1 billion euros).
At the end of 2024, the total foreign direct investment in Portugal stood at 200.3 billion euros, while Portugal’s direct investment abroad (IPE) was 76.0 billion euros. These figures represented 71% and 27% of Portuguese GDP, respectively.
Greater Lisbon concentrated the highest value of FDI, at 106.2 billion euros, accounting for over half (53.0%) of the total FDI stock. The North followed with 34.6 billion euros (17.3% of total FDI), and the Algarve with 19.5 billion euros (9.7% of total FDI).
