Portugal GDP Growth Rate 1988-2014 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Portugal expanded 0.60 percent in the second 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.

   
 
 
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Portugal GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.60 -0.60 3.30 -2.60 1988 - 2014 Percent Quarterly
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. Content for - Portugal GDP Growth Rate - was last refreshed on Saturday, August 23, 2014.


Portuguese Economy Expands 0.6% in Q2


Portuguese GDP grew by 0.6 percent in the second quarter of 2014, following a contraction of 0.6 percent reported in the first three months of the year.

According to the flash estimate, the expansion was supported by increase in Exports of Goods and Services.

Compared with the same period of 2013, the economy grew by 0.8 percent, down from 1.3 percent expansion reported in Q1. 

INE | anna@tradingeconomics.com
8/14/2014 10:55:17 AM


Recent Releases

Portugal GDP Contracts 0.6% QoQ in Q1
The Portuguese economy contracted 0.6 percent quarter-on-quarter in the first three months of 2014, slightly up from a preliminary estimated 0.7 percent contraction. Final figures confirmed the GDP slumped from a 0.5 percent expansion in the previous quarter, hurt by a fall in exports and a slowdown in investment. Published on 2014-06-09

Portugal GDP Contracts in Q1
The Portuguese economy contracted 0.7 percent in the first three months of 2014, following a revised 0.5 percent expansion in the previous quarter, hurt by a fall in exports. Published on 2014-05-15


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-03-11 11:00 AM Portugal
GDP Growth Rate QoQ - 2 Est
Q4 2013 0.6% 0.3% 0.5% 0.5%
2014-05-15 09:30 AM Portugal
GDP Growth Rate QoQ Prel
Q1 2014 -0.7% 0.5% (R) 0.2% 0.37%
2014-06-09 11:00 AM Portugal
GDP Growth Rate QoQ - 2 Est
Q1 2014 -0.6% 0.5% -0.7% -0.7%
2014-08-14 09:30 AM Portugal
GDP Growth Rate QoQ Prel
Q2 2014 0.6% -0.6% 0.5% 0.3%
2014-09-08 11:00 AM Portugal
GDP Growth Rate QoQ - Final
Q2 2014 -0.6%


GDP Last Previous Highest Lowest Unit
GDP 219.96 212.14 252.00 3.20 USD Billion [+]
GDP Growth Rate 0.60 -0.60 3.30 -2.60 Percent [+]
GDP Annual Growth Rate 0.80 1.30 5.60 -4.10 Percent [+]
GDP Constant Prices 38691.00 38455.00 41449.80 30542.60 EUR Million [+]
GDP per capita 17766.67 17918.41 18896.96 3717.61 USD [+]
GDP per capita PPP 20962.45 21604.19 22067.98 11927.01 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 1.10 Mar/14 0.80 4.50 -2.00 Percent [+]
Brazil 0.20 Mar/14 0.40 4.50 -4.20 Percent [+]
Canada 0.30 Mar/14 0.70 3.33 -1.80 Percent [+]
China 2.00 Jun/14 1.50 2.50 1.40 Percent [+]
Euro Area 0.00 Jun/14 0.20 1.30 -2.80 Percent [+]
France 0.00 Jun/14 0.00 1.60 -1.70 Percent [+]
Germany -0.20 Jun/14 0.70 2.10 -3.70 Percent [+]
India 2.10 Mar/14 1.10 5.80 -1.90 Percent [+]
Indonesia 2.47 Jun/14 0.97 3.82 -3.57 Percent [+]
Italy -0.20 Jun/14 -0.10 6.00 -3.50 Percent [+]
Japan -1.70 Jun/14 1.60 3.20 -4.00 Percent [+]
Mexico 1.00 Jun/14 0.44 2.90 -6.60 Percent [+]
Netherlands 0.50 Jun/14 -0.40 2.00 -2.20 Percent [+]
Russia -0.30 Mar/14 0.30 4.10 -5.40 Percent [+]
South Korea 0.60 Jun/14 0.90 6.80 -7.00 Percent [+]
Spain 0.60 Jun/14 0.40 1.53 -1.60 Percent [+]
Switzerland 0.50 Mar/14 0.20 1.90 -2.20 Percent [+]
Turkey 1.70 Mar/14 0.90 6.69 -7.57 Percent [+]
United Kingdom 0.80 Jun/14 0.80 5.30 -2.50 Percent [+]
United States 4.00 Jun/14 -2.10 16.90 -10.00 Percent [+]





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