Gdp Growth 2025 Portugal

Gdp Growth 2025 Portugal. Portugal GDP Q3 2024 FocusEconomics Portugal's approach could help redefine its role within Europe This estimate for Portugal GDP takes into account values based on PPP, the countries base year age and size of it's informal economy.

European Economies Limp into 2023 Geopolitical Futures
European Economies Limp into 2023 Geopolitical Futures from geopoliticalfutures.com

Projections for Euro Area updated on: December 12th 2024 Unit: annual change, in percentage Projections for Portugal updated on: December 13th 2024

European Economies Limp into 2023 Geopolitical Futures

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. Portugal's economy is expected to maintain resilient economic growth, partially fueled by quicker implementation of NextGen EU funds The Portuguese economy will enjoy a significant knock-on effect in 2025 due to the strong GDP growth recorded in Q4 2024 Although GDP shows no notable quarter-on-quarter growth in each of the four quarters of the year, the annual average growth is set to stand at 1.3%.

Portugal’s new macroeconomic outlook. 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. Portugal's high GDP growth outlook compares to bleak forecasts of 0.2% for Germany and of 0.4% for the UK in 2024.

Portugal upward revision of the 2023 GDP forecast following a strong Q1. 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. This estimate for Portugal GDP takes into account values based on PPP, the countries base year age and size of it's informal economy.