Economy of Portugal - Wikipedia
WEBThe economy of Portugal is ranked 34th in the World Economic Forum's Global Competitiveness Report for 2019. The great majority of the international trade is done within the European Union (EU), whose countries received 71.4% of the Portuguese exports and were the origin of 74.6% of the Portuguese imports in 2020. [32]
Portugal - Economy, Agriculture, Tourism | Britannica
WEBSimilar 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 Economic Snapshot - OECD
WEBJun 15, 2023 · Economic Survey of Portugal - 15 June 2023. The Portuguese economy has rebounded strongly from the COVID-19 crisis. Though high inflation and weak global economic conditions have slowed growth in 2022, renewed fiscal support helped to cushion the impact.
WEBPortugal’s significant post-pandemic economic recovery fuelled by a strong rebound in tourism has slowed. GDP growth increased from 5.5% in 2021 to 6.7% in 2022. By the first quarter of 2022, Portugal had already fully recovered the large loss in economic activity in 2020. However, after a
Economic forecast for Portugal - European Commission - Economy …
WEBEconomic 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: Policies for a Strong Economy - IMF
WEBJul 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 - OECD
WEBPortugal - OECD
WEBPortugal’s economy rebounded by 4.5% (quarter-on-quarter) in 2021-Q2, as the gradual relaxation of pandemic-related restrictions pushed up consumer demand. Sales of durable goods rose substantially against the backdrop of …
Portugal | OECD Economic Outlook, Volume 2022 Issue 1 - OECD …
WEBPortugal. 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. Yet, the war in Ukraine, supply-chain disruptions and increases in energy and commodity prices will weigh on activity, lowering confidence and purchasing power.
Portugal - The World Factbook
WEBDec 29, 2021 · Portugal successfully exited its EU-IMF program in May 2014, and its economic recovery gained traction in 2015 because of strong exports and a rebound in private consumption. GDP growth accelerated in …
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