The effects of the crisis on the volume of Portuguese emigration varied over the last few years. In a first phase, between 2008 and 2010, the global nature of the financial crisis and, in particular, its impact on employment in Spain, then the main destination of Portuguese emigration, resulted in a decrease in the number of outflows, in line with what took place, at the time, in OECD space. Since 2010, with the asymmetric nature of the so-called sovereign debt crisis and the recessive effects of austerity policies, emigration has grown more than in the previous period, stabilizing between 2013 and 2014 at 110,000 exits per year.
Cite as Pires, Rui Pena (2015), “More than 100 thousand outflows for the second consecutive year”, Observatório da Emigração. http://observatorioemigracao.pt/np4EN/4581.html