Lisbon, Lisboa Region, Portugal

Economy

🇵🇹 Lisbon is the capital of Portugal. It is mainland Europe's westernmost capital city and the only one along the Atlantic coast. Lisbon lies in the western Iberian Peninsula on the Atlantic Ocean and the River Tagus. The westernmost portions of its metro area, the Portuguese Riviera, form the westernmost point of Continental Europe, culminating at Cabo da Roca.

Lisbon is recognised as an alpha-level global city because of its importance in finance, commerce, media, entertainment, arts, international trade, education and tourism. Lisbon is one of two Portuguese cities (alongside Porto) to be recognised as a global city. Lisbon is home to three companies in the Global 2000. It is one of the major economic centres on the continent, with a growing financial sector and one of the largest container ports on Europe's Atlantic coast. Additionally, Humberto Delgado Airport served 29 million passengers in 2018, being the busiest airport in Portugal, the third busiest in the Iberian Peninsula and the 20th busiest in Europe. The motorway network and the high-speed rail system of Alfa Pendular links the main cities of Portugal to Lisbon. The city is the ninth-most-visited city in Southern Europe, after Istanbul, Rome, Barcelona, Milan, Athens, Venice, Madrid and Florence with 3,539,400 tourists in 2018. The Lisbon region has a higher GDP PPP per capita than any other region in Portugal. Its GDP amounts to US$110.3 billion and thus $32,434 per capita. The city occupies the 40th place of highest gross earnings in the world. Most of the headquarters of multinational corporations in Portugal are located in the Lisbon area. It is also the political centre of the country, as its seat of government and residence of the head of state.

Lisbon is one of the oldest cities in the world, and the second-oldest European capital city (after Athens), predating other modern European capitals by centuries. Julius Caesar made it a municipium called Felicitas Julia, adding to the name Olissipo. After the fall of the Roman Empire it was ruled by a series of Germanic tribes from the 5th century; later it was captured by the Moors in the 8th century. In 1147 Afonso Henriques conquered the city and since then it has been the political, economic and cultural centre of Portugal.

Economy The Lisbon region is the wealthiest region in Portugal and it is well above the European Union's GDP per capita average – it produces 45% of the Portuguese GDP. Lisbon's economy is based primarily on the tertiary sector. Most of the headquarters of multinationals operating in Portugal are concentrated in the Grande Lisboa Subregion, especially in the Oeiras municipality. The Lisbon metropolitan area is heavily industrialized, especially the south bank of the Tagus river (Rio Tejo).

The Lisbon region is rapidly growing, with GDP (PPP) per capita calculated for each year as follows: €22,745 (2004) – €23,816 (2005) – €25,200 (2006) – €26,100 (2007). The Lisbon metropolitan area had a GDP amounting to $110.4 billion, and $32,434 per capita.

The country's chief seaport, featuring one of the largest and most sophisticated regional markets on the Iberian Peninsula, Lisbon and its heavily populated surroundings are also developing as an important financial centre and a dynamic technological hub. Automobile manufacturers have erected factories in the suburbs, for example, AutoEuropa.

Lisbon has the largest and most developed mass media sector of Portugal and is home to several related companies ranging from leading television networks and radio stations to major newspapers.

The Euronext Lisbon stock exchange, part of the pan-European Euronext system together with the stock exchanges of Amsterdam, Brussels and Paris, is tied with the New York Stock Exchange since 2007, forming the multinational NYSE Euronext group of stock exchanges.

The lisbonite industry has very large sectors in oil, as refineries are found just across the Tagus, textile mills, shipyards and fishing.

Before Portugal's sovereign debt crisis and an EU-IMF rescue plan, for the decade of 2010 Lisbon was expecting to receive many state-funded investments, including building a new airport, a new bridge, an expansion of the Lisbon Metro 30 km (18.64 mi) underground, the construction of a mega-hospital (or central hospital), the creation of two lines of a TGV to join Madrid, Porto, Vigo and the rest of Europe, the restoration of the main part of the town (between the Marquês de Pombal roundabout and Terreiro do Paço), the creation of a large number of bike lanes, as well as modernization and renovation of various facilities.

Lisbon was the 7th most "livable city" in the world in 2021 according to lifestyle magazine Monocle.

Tourism is also a significant industry; a 2018 report stated that the city receives an average of 4.5 million tourists per year. Hotel revenues alone generated €714.8 million in 2017, an increase of 18.7% over 2016.

Lisboa was elected the "World's Leading City Destination and World's Leading City Break Destination 2018".

Lisbon, Lisboa Region, Portugal 
<b>Lisbon, Lisboa Region, Portugal</b>
Image: Adobe Stock olezzo #188053758

Lisbon is rated Alpha − by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Alpha level cities are linked to major economic states and regions and into the world economy.

Lisbon is the #52 city in the world according to the Global Financial Centres Index (GFCI) which evaluates and ranks the competitiveness of the major financial centres of the world according to a wide range of criteria – Human Capital, Business, Finance, Infrastructure and Reputation.

Lisbon is rated C by the Global Urban Competitiveness Report (GUCR) which evaluates and ranks world cities in the context of economic competitiveness. C cities are international gateway cities. Lisbon was ranked #1 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Lisbon has a population of over 505,526 people. Lisbon also forms the centre of the wider Lisbon District which has a population of over 2,846,332 people. It is also a part of the larger Greater Lisbon Region. Lisbon is the #5 hipster city in the world, with a hipster score of 6.9437 according to the Hipster Index which evaluates and ranks the major cities of the world according to the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques, and record stores. Lisbon is ranked #82 for startups with a score of 6.113.

To set up a UBI Lab for Lisbon see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns, Sister Cities Lisbon has links with:

🇩🇿 Algiers, Algeria 🇦🇩 Andorra la Vella, Andorra 🇵🇾 Asunción, Paraguay 🇹🇭 Bangkok, Thailand 🇨🇳 Beijing, China 🇵🇸 Bethlehem, Palestine 🇬🇼 Bissau, Guinea-Bissau 🇨🇴 Bogotá, Colombia 🇭🇺 Budapest, Hungary 🇦🇷 Buenos Aires, Argentina 🇬🇼 Cacheu, Guinea-Bissau 🇻🇪 Caracas, Venezuela 🇪🇸 Coslada, Spain 🇧🇷 Curitiba, Brazil 🇹🇱 Díli, Timor-Leste 🇧🇷 Fortaleza, Brazil 🇵🇱 Gdańsk, Poland 🇬🇹 Guatemala City, Guatemala 🇵🇹 Guimarães, Portugal 🇨🇳 Haimen, China 🇨🇺 Havana, Cuba 🇺🇦 Kyiv, Ukraine 🇧🇴 La Paz, Bolivia 🇵🇪 Lima, Perú 🇦🇴 Luanda, Angola 🇲🇴 Macau, Macao 🇪🇸 Madrid, Spain 🇲🇾 Malacca City, Malaysia 🇳🇮 Managua, Nicaragua 🇵🇭 Manila, Philippines 🇨🇴 Manizales, Colombia 🇲🇿 Maputo, Mozambique 🇲🇽 Mexico City, Mexico 🇺🇸 Miami, USA 🇺🇾 Montevideo, Uruguay 🇷🇺 Moscow, Russia 🇰🇵 Nampo, North Korea 🇮🇳 Panaji, India 🇵🇦 Panama City, Panama 🇫🇷 Paris, France 🇨🇻 Praia, Cabo Verde 🇨🇳 Qingdao, China 🇪🇨 Quito, Ecuador 🇲🇦 Rabat, Morocco 🇧🇷 Rio de Janeiro, Brazil 🇧🇷 Salvador, Brazil 🇨🇷 San José, Costa Rica 🇵🇷 San Juan, Puerto Rico 🇸🇻 San Salvador, El Salvador 🇨🇱 Santiago, Chile 🇩🇴 Santo Domingo, The Dominican Republic 🇸🇹 São Tomé, São Tomé and Príncipe 🇧🇬 Sofia, Bulgaria 🇭🇳 Tegucigalpa, Honduras 🇨🇦 Toronto, Canada 🇹🇳 Tunis, Tunisia 🇭🇷 Zagreb, Croatia
Text Atribution: Wikipedia Text under CC-BY-SA license | GFCI | GaWC | GUCR | Hipster Index | Nomad | StartupBlink

Antipodal to Lisbon is: 170.85,-38.717

Locations Near: Lisbon -9.15,38.7167

🇵🇹 Lissabon -9.15,38.725 d: 1  

🇵🇹 Almada -9.15,38.667 d: 5.6  

🇵🇹 Seixal -9.1,38.65 d: 8.6  

🇵🇹 Amadora -9.233,38.733 d: 7.5  

🇵🇹 Barreiro -9.067,38.667 d: 9.1  

🇵🇹 Queluz e Belas -9.255,38.755 d: 10.1  

🇵🇹 Loures -9.167,38.833 d: 13  

🇵🇹 Oeiras -9.317,38.683 d: 14.9  

🇵🇹 Algueirão-Mem_Martins -9.35,38.8 d: 19.7  

🇵🇹 Sintra -9.383,38.783 d: 21.5  

Antipodal to: Lisbon 170.85,-38.717

🇳🇿 Stratford 174.283,-39.333 d: 19710.7  

🇳🇿 Richmond 173.183,-41.333 d: 19662.8  

🇳🇿 Nelson 173.284,-41.269 d: 19663.6  

🇳🇿 Auckland 174.763,-36.853 d: 19613.7  

🇳🇿 North Shore City 174.75,-36.8 d: 19611.4  

🇳🇿 Whanganui 175.05,-39.932 d: 19629.4  

🇳🇿 Hibiscus Coast 174.698,-36.606 d: 19603  

🇳🇿 Hamilton 175.28,-37.788 d: 19614.8  

🇳🇿 Whangārei 174.326,-35.725 d: 19562  

🇳🇿 Porirua 174.84,-41.131 d: 19581.7  

Bing Map

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