Economy of Portugal - Wikipedia
The economy of Portugal and its overseas territories on the eve of the Carnation Revolution (a military coup on 25 April 1974) was growing well above the European average. Average family purchasing power was rising together with new consumption patterns and trends and this was promoting both investment in new capital equipment and consumption ...
Portugal - Economy, Agriculture, Tourism | Britannica
5 days ago · Similar to those of other western European countries, Portugal’s economy is now dominated by services; manufacturing constitutes a significant share of output, while agricultural output is relatively minor, accounting for less than 3 percent of output.
Portugal’s Recovery is Celebrating ... - The Portugal News
3 days ago · The IMF’s assessment highlights what many of us already know—Portugal has made an impressive recovery since the pandemic. Our growth in 2023 surpassed the euro area average, largely due to strong private consumption, exports, and smart use of EU funds. Unemployment is low, inflation is falling, and public debt has dropped by an astounding ...
Economic forecast for Portugal - European Commission
May 15, 2024 · Economic growth in Portugal is set to further moderate in 2024 before picking up again in 2025, pushed by private consumption and investment. Headline inflation is projected to continue receding over the forecast horizon amid a steady increase in employment and a relatively stable unemployment rate.
Portugal | OECD Economic Outlook, Volume 2022 Issue 1 | OECD ...
Portugal Real GDP is projected to grow by 5.4% in 2022 and 1.7% in 2023. Robust public investment, boosted by EU funds, and the return of tourism exports are set to support the recovery.
Portugal: Policies for a Strong Economy - IMF
Jul 1, 2022 · After a deep pandemic-induced recession, the Portuguese economy gained ground in 2021 and GDP surpassed its pre-pandemic level in the first quarter of 2022. The recovery was driven by strong domestic demand and a bounce back in tourism from the second half of 2021, aided by one of the world’s highest vaccination rates.
Portugal Economic Snapshot - OECD
The snapshot offers a concise summary of Portugal's economic trends and prospects, drawing from the OECD Economic Survey, Economic Outlook, and Economic Policy Reform: Going for Growth reports, delivering in-depth analyses of economic trends, suggested policy recommendations, alongside an overview of structural policy developments.