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Tech in Portugal

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Population

10+ Million

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Timezone

UTC +0

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Market size

34000+ Tech companies

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Tech-specialists

100 000+ developers

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New specialists

+20 000 for 2024 year

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Tech-sector revenue

1+ Billion of dollars

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English

Second most spoken

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Work-model

Remote, Hybrid

Key benefits of Portugal developers

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High-caliber specialists

Boasts a highly skilled and adaptable Tech workforce, with six tech universities ranking among the World’s Top 500.

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Cost-effective developers

The most accessible offshore software development teams among all those based in Western Europe.

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Government support

The Portuguese government extends support to new businesses through incentives, such as a tax-free first year for companies.

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Minimized bureaucracy

Transparent legal system, online permit applications, and a three-day company registration process.

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Inexpensive Workspaces

There is quite affordable rent for entire offices as well as areas in one of the modern coworking spaces.

Top 10 Portugal Tech specializations in 2024

30
15
0
18.2%
Full-stack developer
8.8%
Product/Project manager
13.8%
Back-end developer
5.5%
Front-end developer
5.3%
UI/UX designer
5.3%
QA/Testing
4.5%
Tech lead/CTO
4.1%
Mobile app developer
3.9%
DevOps/SysAdmin
3.2%
Data scientists
The statistics was collected for the First Quarter of 2024

The largest IT regions of Portugal

The largest IT regions of Portugal

Braga

Tech-friendly environment fueled by “InvestBraga,”, “Startup Braga” and other hubs provides opportunities for nearshore Tech teams.

Aveiro

The city’s innovation, including PCI – Creative Science Park, effectively attracts offshore and nearshore Tech teams.

Porto

Facilitated by initiatives like “Invest Porto,” the municipality actively supports companies, including nearshore Tech teams.

Lisbon

Capital, stands out as a vibrant tech-friendly city, hosting major events like WebSummit, transforming it into a European technological hub

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*The statistics was collected for the First Quarter of 2024

“Initially, I was attracted by the financial model of cooperation”

I can note the high professionalism of the Yozmatech HR team at all stages of cooperation. Guys recruiters work quickly.

  • Over 40 employees hired with YozmaTech.

Sergey Spivakov
Chief Architect and former VP R&D

Boost your business with YozmaTech

  • Get guidance for launching, strengthening, or advancing your project.
  • Identify key growth areas for your business.
  • Streamline your recruitment processes.
  • Hire top-tier Portuguese developers for your team.
  • Receive ongoing support for your hired talent.

Latest closed positions for FinTech

Angular
DevOps
UX | UI
QA Automative
Product manager

Compare Portuguese and Israeli developers

Criteria

ukraine flag circle Ukraine
israel flag circle Israel
portugal flag circle Portugal

Number of companies

7,000

9,000

34,000

Number of specialists

300,000

180,000

100,000

Average salaries

Middle $$

Senior $$

Middle $$$

Senior $$$

Middle $$$

Senior $$$

Top 5 specializations

1. React
2. JavaScript
3. Project Manager
4. Java
5. C#

1. JavaScript
2. Python
3. Java 
4. C#

5. PhP

1. Full-stack developer

2. Product/Project manager

3. Back-end developer

4. Front-end developer

5. UI/UX designer

Time to hire

Middle x days
Senior x days

Middle x days
Senior x days

Middle x days
Senior x days

Work model

Remote, Hybrid

Hybrid, Office

Remote, Hybrid

Employer taxes

$

$$$

$$$

Tech sector revenue

3+ Billions of dollars

16+ Billions of dollars

2,5+ Billions of dollars

Show full table
ukraine flag circle

Ukraine

Number of companies

7,000

Number of specialists

300,000

Average salaries

Middle $$

Senior $$

Top 5 specializations

1. React
2. JavaScript
3. Project Manager
4. Java
5. C#

Time to hire

Middle x days
Senior x days

Work model

Remote, Hybrid

Employer taxes

$

Tech sector revenue

3+ Billions of dollars

israel flag circle

Israel

Number of companies

9,000

Number of specialists

180,000

Average salaries

Middle $$$

Senior $$$

Top 5 specializations

1. JavaScript
2. Python
3. Java 
4. C#

5. PhP

Time to hire

Middle x days
Senior x days

Work model

Hybrid, Office

Employer taxes

$$$

Tech sector revenue

16+ Billions of dollars

portugal flag circle

Portugal

Number of companies

34,000

Number of specialists

100,000

Average salaries

Middle $$$

Senior $$$

Top 5 specializations

1. Full-stack developer

2. Product/Project manager

3. Back-end developer

4. Front-end developer

5. UI/UX designer

Time to hire

Middle x days
Senior x days

Work model

Remote, Hybrid

Employer taxes

$$$

Tech sector revenue

2,5+ Billions of dollars

Questions about How to Hire Developers in Portugal

We’ve picked-up the most common questions here in the FAQ section. If you didn’t find the answer to your question feel free to:

How many developers are in Portugal?

As of the year 2024, Portugal stands as home to a robust community of more than 100,000 software developers. Remarkably, within the last year, an additional 20,000 programmers have joined this cohort, marking a substantial growth in the nation’s pool of skilled professionals. This noteworthy influx attests to the dynamic expansion and advancement within Portugal’s technology sector

How to hire developers in Portugal?

If you want to hire Portuguese developers, explore the comprehensive services offered by YozmaTech. Our expertise lies in connecting businesses with developers across diverse skill sets and experience levels. We customize our hiring approach to match the unique requirements of your project, ensuring a strategic fit for its current stage of development.

What is the hourly rate for software developer in Portugal?

In the Portuguese market, the hourly rates for software developers demonstrate a wide spectrum, influenced by variables such as experience, skill set, geographical location, and the intricacies of the technologies involved. On average, hourly remuneration can fluctuate between $20 and $50, and in some cases, exceed this range. Hiring senior developers or those possessing specialized skills typically command higher rates in recognition of their advanced expertise.

What taxes for Tech companies in Portugal?

In Portugal, the taxation framework for Tech companies is contingent upon the size of their income. The applicable tax rates range from 14.5% to 50.5%, with the predominant rate commonly set at 35%. The actual percentage within this range is determined based on the specific income bracket of the Tech company. This nuanced approach allows for a tailored taxation structure that accommodates varying levels of financial success within the industry.

What are the most in-demand Tech specializations in Portugal currently?

In 2024, key Tech specializations in Portugal are as follows:
Full-stack developer: 18.2%
Back-end developer: 13.8%
Product/Project manager: 8.8%
QA/Testing: 5.3%
Front-end developer: 5.5%
UI/UX designer: 5.3%
These percentages highlight the prominence of full-stack development, back-end expertise, and effective project management in Portugal’s evolving Tech landscape.

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Ecosystem size
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The largest country, with the highest number of cheap Tech specialists worldwide, among whom you can find the optimal developers and non-technical specialists for your project.

Ecosystem size
4 800 000
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Ecosystem size
180,000
Market size:
+16$B
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Asia’s Tech powerhouse, boasting a wealth of English native specialists seamlessly integrated into global Tech-giants, with no Western cultural gaps.

Ecosystem size
1 300 000
Market size:
$38B+
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Want to hire developers from the Philippines?

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The TOP-3 region in Europe by number of specialists, featuring major Tech cities serving as home for international giants, abundant in universities and Tech hubs.

Ecosystem size
493 000
Market size:
$8,5B+
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Want to hire developers from Poland?

romania flag circle Romania

Large Eastern European Tech market, with strong multilingual specialists from international companies and a high level of country digitization.

Ecosystem size
200 000
Market size:
$3B+
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Want to hire developers from Romania?

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Small country with a high concentration of IT specialists, hubs, and offices of international companies, as well as comfortable conditions for IT business.

Ecosystem size
48 000
Market size:
$0.9B+
serbia flag circle Serbia

Want to hire developers from Serbia?

ukraine flag circle Ukraine

One of the largest and fastest-growing Tech markets in Eastern Europe, with experienced, highly qualified specialists at affordable rates, low taxes for Employees and Companies.

Ecosystem size
300 000
Market size:
$3B+
ukraine flag circle Ukraine

Want to hire developers from Ukraine?

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