Net income from abroad (constant LCU) in Portugal

The Net income from abroad (constant LCU) in Portugal was last reported at -5260530076.98 in 2010, according to a World Bank report released in 2011. The Net income from abroad (constant LCU) in Portugal was -6301727723.43 in 2009, according to a World Bank report, published in 2010. The Net income from abroad (constant LCU) in Portugal was reported at -5706614478.29 in 2008, according to the World Bank. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in constant local currency.This page includes a historical data chart, news and forecasts for Net income from abroad (constant LCU) in Portugal. Portugal has become a diversified and increasingly service-based economy since joining the European Community in 1986. Over the past two decades, successive governments have privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. Economic growth had been above the EU average for much of the 1990s, but has been below par during the last decade.

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