Portugal’s economy is expected to expand 2% in 2014 and over 5% in 2015 after what appears to be a bottom earlier this year, according to Investment U.

The unemployment rate, while still high at 15.6%, has been falling since a high at the start of the year. Consumer spending, consumer confidence and business confidence are rising, with retail sales showing positive growth for the first time since 2011.

Global X FTSE Portugal 20 ETF

For more information on Portugal, visit our Portugal category.