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Macro - Country Economic Forecasts - Portugal

Publisher Oxford Economics
Published Jan 10, 2025
Length 9 Pages
SKU # OFE19593724

Description

We've kept our GDP growth forecasts for Portugal broadly unchanged at 1.9% for 2025 and 2.1% for 2026. Surging real disposable incomes and the EU's Recovery and Resilience Facility will support growth. The economy will also benefit from its continued strong tourism activity. But as tourism growth normalises, we think domestic demand will remain the main growth engine.

Table of Contents

9 Pages
Portugal: Domestic demand to drive solid GDP growth
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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