Portugal’s trading sector enjoyed an uptick in growth by 4.6% in 2023 according to data just out from the National Statistics Institute. The turnover of trading companies totalled €194.8Bn in [...]
According to the latest data from the Bank of Portugal released on Wednesday, tourism brought in €1.6Bn for the Portuguese economy in the first 10 months of 2024. And according to data on the [...]
Portugal’s Economists Association has presented a former minister for Industry and Energy with the commendation ‘Economist Emeritus’. Economist Luís Mira Amaral, who already has several [...]
Portugal’s external trade surplus reached a new all-time high in the third quarter of this year, reaching 3.9% of Gross Domestic Product (GDP). In nominal terms, it amounted to €8.2Bn, more than [...]
Portugal was the fifth fastest growing country in the European Union in the third quarter of the year compared to the same period last year. Eurostat revealed on Thursday that national GDP had a [...]
Portugal is expected to close the year 2024 with €27Bn in tourist revenues and the prospect of 9% growth in 2025, the Secretary of State for Tourism said on Monday. “As of today we know it [...]
Portugal’s economy is close to stagnation as exports are outweighed by imports With imports out pacing exports Portugal’s economy only just managed to keep its head above water in the third [...]
Portugal had the third highest growth (1.9%) compared to the third quarter of 2023, among the countries for which data has already been released. The Eurozone economy grew 0.4% in the third [...]
According to the IMF’s Fiscal Monitor published on Tuesday, public debt will fall to 94.4% this year and 89.8% next year, which compares with forecasts of a ratio of 95.9% of GDP this year and [...]
The economic impact of golf in Portugal from 2019-2023 amounted to €4.2Bn, about 1.6% of national GDP in 2023. The sport directly contributed €120 million to the nation’s GDP. Most of the value [...]
