Lisbon is the capital and the largest city of Portugal. It is the westernmost large city located in continental Europe, as well as its 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, and has a population of 547,631 within its administrative limits on a land area of 84.8 square kilometres (32.7 sq mi).
The urban area extends beyond the administrative city limits with a population of over 3 million, on an area of 958 square kilometres (370 sq mi), making it the 11th most populous urban area in the European Union. About 3,035,000 people live in the Lisbon Metropolitan Area (which represents approximately 27% of the population of the country).
Lisbon is recognised as a global city because of its importance in finance, commerce, media, entertainment, arts, international trade, education and tourism. It is one of the major economic centres on the continent, with a growing financial sector and the largest/second largest container port on Europe's Atlantic coast.
Lisbon Portela Airport serves over 16 million passengers annually (2013); the motorway network and the high-speed rail system of (Alfa Pendular) link the main cities of Portugal. The city is the seventh-most-visited city in Southern Europe, after Istanbul, Rome, Barcelona, Madrid, Athens and Milan, with 1,740,000 tourists in 2009.
The Lisbon region is the wealthiest NUTS II region in Portugal, GDP PPP per capita is 26,100 euros (4.7% higher than the average European Union's GDP PPP per capita). It is the tenth richest metropolitan area by GDP on the continent amounting to 110 billion euros and thus €39,375 per capita, 40% higher than the average European Union's GDP per capita. The city occupies 32nd place of highest gross earnings in the world.
Lisbon is one of the oldest cities in the world, and the oldest city in Western Europe, predating other modern European capitals such as London, Paris and Rome by hundreds of years. Julius Caesar made it a municipium called Felicitas Julia, adding to the name Olissipo.