Economy

Portugal’s footwear industry has turned to the luxury shoe segment in a bid to face off falling orders that are closing factories and killing jobs. Portuguese footwear entrepreneurs have faced a [...]

The value of Portuguese exports of goods and services fell back to 47% of GDP last year after achieving a historic 50% of GDP in 2022. It means that the government’s target to consistently [...]

Exports of car components rose almost 14% to a record €12,433Bn in 2023 according to data released by the AFIA – Association of Automobile Industry Manufacturers. “Exports of vehicle [...]

Portuguese exports of goods posted a slight like-for-like growth in December, countering a series of eight consecutive monthly falls, while imports fell on the same month like-for-like according [...]

A leading business boss in Portugal has outlined 4 recipes to improve and maximise Portugal’s economy which he believes, despite positive export figures and growth in recent months, still has a [...]

Exports of goods from Portuguese speaking countries to China hit US$147.5Bn (€136.1Bn) in 2023 beating all records according to official data from Fórum Macau. Exports increased 6.2% on 2022, [...]

Portugal’s treasury and debt management agency returns to the markets on Wednesday with a triple auction of treasury bonds with maturities of between four, 18 and 21 years. The IGCP, which [...]

Falling exports may mean that Portugal’s economy will have to be driven by internal demand in 2024. The Portuguese economy is only expected to grow 1.2% in 2024, less than forecast by the State [...]

The UK current affairs magazine ‘The Economist’ has placed Portugal in 8th place out of 35 OCDE countries in terms of economic performance in its ranking. The Economist took five indicators into [...]

Portugal is being overtaken by much of Europe in terms of growth as its GDP per capita was 21% below the European average according to Portugal’s National Statistics Institute. Despite an [...]