Portugal GDP Growth Rate
The Gross Domestic Product (GDP) in Portugal contracted 0.60 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Portugal averaged 0.39 Percent from 1988 until 2014, reaching an all time high of 3.30 Percent in the fourth quarter of 1990 and a record low of -2.60 Percent in the first quarter of 1991. GDP Growth Rate in Portugal is reported by the Statistics Portugal.
||1988 - 2014
Portugal has become a diversified and increasingly service-based economy since joining the European Community in 1986. Over the past two decades, successive governments have privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. Economic growth had been above the EU average for much of the 1990s, but has been below par during the last decade. This page provides - Portugal GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.