Growth

The Euro Zone’s economy grew 0.9% in 4Q of 2024 like-for-like according to the EU’s statistical office Eurostat on Friday. Portugal recorded the fourth highest year-on-year rate, in a ranking led [...]

Portugal is expected to continue to grow above the European Union (EU) average until 2026, in a cycle of economic convergence that is higher than that estimated for most member states. But this [...]

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 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 Government forecasts a growth of the Portuguese economy of 1.8% this year and 2.1% in 2025, according to the macroeconomic scenario of the State Budget for 2025 (OE2025) delivered on Thursday [...]

The Portuguese State’s current account public spending has not been as high as it is now since 1992. This is despite various governments having succeeded in reducing Portugal’s overall [...]

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 [...]

Key Portuguese economists think it highly unlikely that Portugal’s economy can grow more than 2% for 2024 as a whole. The opinions come after the government has estimated that the economy could [...]

The Competitiveness Forum has forecast a slowdown in Portugal’s economic growth from 2.3% in 2023 to between 1.8% and 2.1% in 2024, stabilising in that range in 2025, according to its Business [...]