Gdp Growth 2025 Portugal. Gdp Europe 2024 Avie Ethelin The GDP in Portugal expanded 1.5% on quarter in the last three months of 2024, following a downwardly revised 0.2% gain in the previous period and the strongest growth rate in almost three years This estimate for Portugal GDP takes into account values based on PPP, the countries base year age and size of it's informal economy.
Global Economic 2025 Wyatt Parker from wyattparker.pages.dev
(Purchasing Power Parity) and an initial estimate of $541 billion for 2025. Portugal's economy is expected to maintain resilient economic growth, partially fueled by quicker implementation of NextGen EU funds
Global Economic 2025 Wyatt Parker
GDP Growth Rate in Portugal averaged 0.45 percent from 1988 until 2024, reaching an all time high of 14.40 percent in the third quarter of 2020 and a record low of -15.00 percent in the second quarter. The latest estimate from INE National Statistics Institute points to a growth of 1.9% in Gross Domestic Product (GDP) in 2024, but Miranda Sarmento recalled that "the last quarter was exceptionally good". Growth slows down in 2024 but is set to pick up again in 2025 and 2026 Economic growth slowed down in the first half of 2024 in the context of subdued external demand and weak business sentiment
Global Economic 2025 Wyatt Parker. Portugal's high nominal GDP growth is expected to help maintain budgetary surpluses and reduce public debt below 93% of GDP in 2025 according to the Maastricht definition In addition, the end of the cycle for the use of the 2014-2020 EU cohesion funds, allowing spending until end 2023, resulted in substantial deceleration in investment growth at the beginning of the year.
GDP Growth Projections for Key Economies (20242025). Portugal's approach could help redefine its role within Europe By focusing on sustainable growth, strategic investments, and a favorable climate for business, the country has the potential to differentiate itself as a leader in innovation and economic resilience.