Portugal’s Economy Accelerates in Q4 Despite Weak Domestic Demand

EthereumCraftsman · 2026-01-30T17:11:32+00:00

Portugal's economy grew 0.8% in Q4 2025, exceeding expectations and marking the strongest quarterly increase in a year. Supported by external demand, it faced challenges from declining domestic investment and slower consumption. Annual growth was 1.9%.

EthereumCraftsman

2026-01-30 17:11:32

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Portugal’s economy expanded 0.8% quarter-on-quarter in Q4 2025, accelerating from a downwardly revised 0.7% in the previous quarter and surpassing market expectations of 0.5%, according to a preliminary estimate. This marked the strongest quarterly pace in a year, supported by net external demand, amid a sharp decline in imports of goods and services, particularly crude oil. By contrast, domestic demand weighed on growth, reflecting a slump in investment and slower household consumption growth. On an annual basis, the economy grew 1.9% in Q4, down from 2.3% in Q3. For the full year 2025, Portuguese GDP expanded 1.9%, slightly below 2.1% in 2024.

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