Portugal GDP Annual Growth Rate 1996-2018 | Data | Chart | Calendar

The Portuguese economy grew 2.3 percent year-on-year in the second quarter of 2018, above 2.1 percent in the previous quarter and in line with earlier estimates. The contribution from domestic demand went up, mainly due to higher household (2.6 percent compared to 2.1 percent in Q1) and public spending (0.4 percent compared to 0.3 percent in Q1). The tourism sector continues to boost the economy: spending in national territory (3.4 percent) went up faster than spending by residents (2.6 percent). On the other hand, investment rose at a slower rate (6.4 percent compared to 7.1 percent) due to 6.6 percent drop in investment in material transportation. Net trade weighed down on growth more amid higher imports (7.9 percent compared to 5.6 percent in Q1) while exports rose at a faster pace (6.8 percent compared to 4.7 percent). GDP Annual Growth Rate in Portugal averaged 1.29 percent from 1996 until 2018, 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-05-30	10:00 AM	GDP Growth Rate YoY Final	2.1%	2.4%	2.1%	2.1%
2018-08-14	08:30 AM	GDP Growth Rate YoY Prel	2.3%	2.1%		2%
2018-08-31	10:00 AM	GDP Growth Rate YoY Final	2.3%	2.1%	2.3%	2.3%
2018-11-14	09:30 AM	GDP Growth Rate YoY Prel		2.3%		2.4%
2018-11-30	11:00 AM	GDP Growth Rate YoY Final		2.3%

Portugal GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.50	0.40	3.30	-2.60	percent	[+]
GDP Annual Growth Rate	2.30	2.10	5.00	-4.50	percent	[+]
GDP	217.57	205.18	262.01	3.19	USD Billion	[+]
GDP Constant Prices	45639.30	45414.90	45757.80	33671.10	EUR Million	[+]
Gross Fixed Capital Formation	8050.90	7927.00	11235.50	6329.20	EUR Million	[+]
GDP per capita	23116.58	22444.07	23116.58	4506.05	USD	[+]
GDP per capita PPP	27936.90	27124.16	27936.90	20166.93	USD	[+]
GDP From Agriculture	816.80	824.00	916.10	775.40	EUR Million	[+]
GDP From Construction	1629.70	1637.00	3452.00	1472.40	EUR Million	[+]
GDP From Manufacturing	5525.80	5568.30	5637.60	4093.80	EUR Million	[+]
GDP From Services	8763.20	8650.40	8763.20	5326.50	EUR Million	[+]
GDP From Transport	3172.40	3048.40	3261.20	1865.10	EUR Million	[+]
GDP From Utilities	1178.80	1214.00	1315.00	777.80	EUR Million	[+]
Gross National Product	50587.13	47369.40	50587.13	28399.81	EUR Million	[+]

Portugal GDP Annual Growth Rate

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 September of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.30	2.10	5.00	-4.50	1996 - 2018	percent	Quarterly

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GDP annual growth rate by Country

Country	Last		Previous	Highest	Lowest
India	8.20	Jun/18	7.7	11.4	-5.2	%	Quarterly
China	6.70	Jun/18	6.8	15.4	3.8	%	Quarterly
Indonesia	5.27	Jun/18	5.06	7.16	1.56	%	Quarterly
Turkey	5.20	Jun/18	7.3	11.7	-14.4	%	Quarterly
Singapore	3.90	Jun/18	4.5	19	-8.8	%	Quarterly
Australia	3.40	Jun/18	3.2	9	-3.4	%	Quarterly
Switzerland	3.40	Jun/18	2.9	5.8	-3.7	%	Quarterly
Netherlands	3.10	Jun/18	2.8	6.1	-4.6	%	Quarterly
United States	2.90	Jun/18	2.6	13.4	-3.9	%	Quarterly
South Korea	2.80	Jun/18	2.8	19.6	-7.4	%	Quarterly
Spain	2.70	Jun/18	3	5.6	-4.3	%	Quarterly
Mexico	2.60	Jun/18	1.4	9	-9.1	%	Quarterly
Euro Area	2.10	Jun/18	2.4	5	-5.5	%	Quarterly
Germany	2.00	Jun/18	2.1	7.2	-6.8	%	Quarterly
Canada	1.90	Jun/18	2.3	9.3	-4.1	%	Quarterly
Russia	1.90	Jun/18	1.3	12.1	-11.2	%	Quarterly
France	1.70	Jun/18	2.2	12.6	-3.8	%	Quarterly
United Kingdom	1.30	Jun/18	1.2	9.7	-6.1	%	Quarterly
Italy	1.20	Jun/18	1.4	10.3	-7.2	%	Quarterly
Saudi Arabia	1.15	Mar/18	-1.18	24.2	-20.7	%	Quarterly
Brazil	1.00	Jun/18	1.2	10.1	-5.6	%	Quarterly
Japan	1.00	Jun/18	1	9.4	-8.8	%	Quarterly
South Africa	0.40	Jun/18	0.8	7.1	-2.6	%	Quarterly
Argentina	-4.20	Jun/18	3.9	16.2	-16.3	%	Quarterly