Portugal GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

Portugal's gross domestic product advanced 1.6 percent year-on-year in the third quarter of 2016, after growing by 0.9 percent in each of the previous two quarters. It was the strongest reading in one year, driven by net exernal demand, as exports rose 5.4 percent (+1.8 percent in Q2) and imports advanced at a slower 1.6 percent (+0.9 percent in Q2). Domestic demand grew 0.9 percent, higher than 0.8 percent in the previous quarter, as households' spending expanded by 1.9 percent (+1.6 percent in Q2) and public expenditure increased by 0.5 percent (+0.7 percent in Q2) while fixed investment contracted 1.5 percent (-2.4 percent in Q2). GDP Annual Growth Rate in Portugal averaged 1.17 percent from 1996 until 2016, reaching an all time high of 5 percent in the second quarter of 1998 and a record low of -4.50 percent in the fourth quarter of 2012.

Portugal GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-31 10:00 AM Q2 0.9% 0.9% 0.8% 0.8%
2016-11-15 09:30 AM Q3 1.6% 0.9% 1.0% 1.1%
2016-11-30 11:00 AM Q3 1.6% 0.9% 1.6% 1.6%
2017-02-14 09:30 AM Q4 1.6% 1.2%
2017-03-01 11:00 AM Q4 1.6% 1.2%
2017-05-12 08:30 AM Q1 1%




Portugal GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.30 3.30 -2.60 percent [+]
GDP Annual Growth Rate 1.60 0.90 5.00 -4.50 percent [+]
GDP 198.92 230.12 262.01 3.19 USD Billion [+]
GDP Constant Prices 43546.40 43184.10 45757.90 33671.10 EUR Million [+]
Gross Fixed Capital Formation 6691.20 6756.70 11235.50 6328.90 EUR Million [+]
GDP per capita 21960.47 21537.46 22831.21 4506.32 USD [+]
GDP per capita PPP 26688.96 26174.86 27747.17 20281.54 USD [+]
GDP From Agriculture 910.00 903.90 916.10 782.30 EUR Million [+]
GDP From Construction 1454.60 1470.10 3452.00 1454.60 EUR Million [+]
GDP From Manufacturing 5329.50 5175.70 5587.00 4093.80 EUR Million [+]
GDP From Services 8231.10 8154.30 8231.10 5326.50 EUR Million [+]
GDP From Transport 2985.50 2923.60 3261.20 1865.10 EUR Million [+]
GDP From Utilities 1167.30 1141.80 1315.00 777.80 EUR Million [+]
Gross National Product 47114.91 46684.15 47114.91 28400.00 EUR Million [+]



Portugal GDP Annual Growth Rate Notes

On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by government expenditure (19 percent) and gross fixed capital formation (15 percent). Exports of goods and services account for 40 percent of GDP and imports account for 40 percent. This page provides - Portugal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 0.90 5.00 -4.50 1996 - 2016 percent Quarterly



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