It climbed 4 positions compared to 2018, according to a study by BCG.

Cheaper labor, excellent location, infrastructure and climate are important. People are the key element. A number of international companies establishing themselves contributed to an increasingly larger and more diversified innovation ecosystem.

“Tech Careers Report PT 2021”, prepared by Landing.Jobs states tech professionals in Portugal earn 32,500 euros gross annually. Contractors receive an average of 48,000, 54% more.

There is still a gender gap on wage equality. Men earn on average 16% (decreasing from 23% last year).