Portugal’s industrial production growth accelerated to 2.3% year-on-year in December 2025, up from 0.3% in November, marking the strongest pace in three months. Energy output surged 19.0%, reversing two months of declines, while durable consumer goods rose 0.3%, ending a nine-month contraction. Growth slowed for non-durable consumer goods (0.3% vs 1.6% in November) and intermediate goods (2.5% vs 2.8%), and capital goods output fell for a third consecutive month (-4.9% vs -2.1%). On a monthly basis, industrial production declined 1.9% in December, following a 3.1% drop in November. source: Statistics Portugal

Industrial Production in Portugal increased 2.30 percent in December of 2025 over the same month in the previous year. Industrial Production in Portugal averaged -0.90 percent from 2005 until 2025, reaching an all time high of 37.20 percent in April of 2021 and a record low of -29.70 percent in April of 2020. This page provides - Portugal Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Industrial Production in Portugal increased 2.30 percent in December of 2025 over the same month in the previous year. Industrial Production in Portugal is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Industrial Production is projected to trend around 1.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-06 11:00 AM
Industrial Production YoY
Nov 0.3% -0.4% -0.3%
2026-02-02 11:00 AM
Industrial Production YoY
Dec 2.3% 0.3% 0.8%
2026-03-03 11:00 AM
Industrial Production YoY
Jan 2.3%


Related Last Previous Unit Reference
Business Confidence 3.00 3.10 points Jan 2026
Capacity Utilization 81.70 81.10 percent Dec 2025
Changes in Inventories 178.96 252.67 EUR Million Sep 2025
Industrial Production YoY 2.30 0.30 percent Dec 2025
Industrial Production MoM -1.90 -3.10 percent Dec 2025
Manufacturing Production -1.10 -0.90 percent Dec 2025
Mining Production 14.60 8.60 percent Dec 2025


Portugal Industrial Production
In Portugal, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 93.9 percent of total production. The biggest segments within Manufacturing are: food products (13 percent of total production); coke, refined petroleum products and fuels (10 percent); motor vehicles, trailers and semi-trailers (9 percent); metal products, except machinery and equipment (7 percent); chemicals and synthetic or artificial fibers, except pharmaceuticals (5 percent); rubber and plastic products (5 percent); and paper products (5 percent). Electricity, gas, steam and air conditioning supply account for 5 percent of total output and water supply, sewerage and waste management account for 1 percent.
Actual Previous Highest Lowest Dates Unit Frequency
2.30 0.30 37.20 -29.70 2005 - 2025 percent Monthly
SA, WDA 2015=100

News Stream
Portugal’s Industrial Production Accelerates in December
Portugal’s industrial production growth accelerated to 2.3% year-on-year in December 2025, up from 0.3% in November, marking the strongest pace in three months. Energy output surged 19.0%, reversing two months of declines, while durable consumer goods rose 0.3%, ending a nine-month contraction. Growth slowed for non-durable consumer goods (0.3% vs 1.6% in November) and intermediate goods (2.5% vs 2.8%), and capital goods output fell for a third consecutive month (-4.9% vs -2.1%). On a monthly basis, industrial production declined 1.9% in December, following a 3.1% drop in November.
2026-02-02
Portugal Industrial Production Edges Up in November
Portugal’s industrial production rose 0.3% year-on-year in November 2025, rebounding from a 0.4% decline in October, supported by smaller contractions in energy output (-2.8% vs -15.4% in October) and intermediate goods production (-2.2% vs -4.5%). However, growth in other areas softened, with consumer goods output up 0.7% (compared with 2.6% in October) and capital goods rising 2.7% (down from 6.1%). On a monthly basis, industrial production fell sharply by 3% in November, following three consecutive months of expansion.
2026-01-06
Portugal Industrial Output Slips in October
Portugal's industrial production fell by 0.9% year-on-year in October 2025, reversing an upwardly revised 2.4% increase in the previous month. It marked the first decline since April, as output tumbled sharply for energy (-16.1% vs 15.1% in September), while it continued to fall for capital goods (-4.4% vs -0.9%). On the other hand, production accelerated for intermediate goods (5.5% vs 3%) and rebounded for consumer goods (1.2% vs -1.1%). On a monthly basis, industrial activity slowed to 0.4% in October, from an upwardly revised 0.9% in the previous month.
2025-12-03