Portugal PEO

Agile HRO’s Portugal Professional Employment Outsourcing (PEO) service is designed to help companies expand to Portugal.

Portugal is the westernmost sovereign state in mainland Europe, with the Atlantic Ocean bordering its west coast and Spain on the east. Throughout the past two decades Portugal has experienced a significant economic downturn with it being bailed out by the EU in 2011. Since 2013 it has seen some form of recovery, as its GDP has seen a net positive recovery and is projected to increase by 3.7% in 2021 and 4.9% in 2022. Portugal’s economy is now dominated by services; manufacturing constitutes a significant share of output, while agricultural output is relatively minor, accounting for less than 3 percent of output.