GDP

The US ratings agency Standard & Poor’s raised Portugal’s rating on Friday from A- to A with a positive outlook and could put the rating up again over the next two years. In a press release [...]

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 [...]

The Government has forecast real growth of 2% between 2024 and 2025, as well as an increase of 4% to 4.5% in tax revenue and 8% in primary expenditure this year. According to SIC Notícias, the [...]

BBVA Research, the economic analysis department of Spanish bank BBVA, has forecast that Portugal’s GDP will slightly overtake that of Spain in 2025. Speaking at a conference on ‘Financial [...]

Portugal’s GDP grew 1.5% in Q1 of this year after having increased 2.1% in the previous quarter according to the National Statistics Institute (INE). It states that internal demand fell 0.9% from [...]

The European Commission has forecast that Portugal’s economy will likely grow by 1.7% this year with a budget surplus of 0.4%. The estimate from its spring forecast published today (Wednesday) is [...]

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 [...]

Portugal’s budget surplus shrank by €1.062Bn to €6.215Bn because of the impact of expenditure on social benefits according to the Ministry of Finances in its budget statement for the first 10 [...]

The International Monetary Fund (IMF) has forecast that Portugal’s GDP will grow 2.3% in 2023 and 1,5% in 2024. The IMF forecasts had been more optimistic, but decided to review them downwards in [...]

Portugal is among the Euro Zone economies that enjoyed the best performance in the second quarter of the year. Between April and June the economy saw a like-for-like GDP growth rate of 2.3% [...]