Portugal
Portugal loses ground for foreign investment in the European Union
Publication: ECO
Author: Luís Leitão
Source published: 30/10/2026, 12:54:59 UTC
Briefing created: 31/10/2026, 10:41:26 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 30/10/2026, 12:56:24 UTC.
Briefings
Portugal regained foreign direct investment (FDI) in the first half of 2026, reaching 7.718 billion USD, marking its first positive balance since a 2025 deficit. However, this recovery represents only 44.3% of the 13.862 billion received in the previous year's second half, placing Portugal significantly behind EU peers. While Portugal's FDI share of EU capital dropped to under 25% of the 2025 level, it remains within the OECD average and among the few European economies that increased net FDI in 2026 compared to the prior year.
Key points
- Portugal's net FDI rose to 7.718 billion USD in H1 2026, reversing a 2025 deficit of 300 million USD.
- Portugal's FDI share of EU capital fell to under 25% of the 2025 level, despite recovering from a deficit.
Context
Data from the OECD's 'FDI in Figures' report, published on October 30, 2026, shows Portugal's FDI increased from a 2025 deficit to a positive balance. This recovery is notable as Portugal is one of the few European economies that increased net FDI in 2026 compared to the prior year, despite a significant decline in its share of total EU FDI.
Limitations
Data excludes financial institutions with special purposes and vehicles used by corporate groups to channel operations. Figures are preliminary and do not include the full scope of EU FDI. Some European countries show significant fluctuations in FDI linked to corporate capital and inter-company loans, which may affect comparability.
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