Portugal GDP Growth Rate

Last Release

Sep 30, 2025

Actual

0.8

Units In

0.6

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
14.7 Sep 2020	-15.2 Jun 2020	0.43 %	1988-2025	Statistics Portugal

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.

Latest Updates

The Portuguese economy grew by 0.8% in the third quarter of 2025, its strongest performance in three quarters, after a 0.7% expansion in Q2 and in line with the preliminary estimate. Domestic demand rose by 1.4%, the fastest pace in a year, up from 0.9% in the previous quarter, supported by stronger private consumption and investment. The contribution of net external demand became more negative (from -0.3 p.p. to -0.6 p.p.), as exports rebounded (0.8% vs. -0.1%) but were outpaced by a sharper rise in imports (2% vs. 0.5%). On a year-on-year basis, GDP increased 2.4%, also the strongest in three quarters, after a 1.8% rise in Q2. The negative contribution of net external demand was less pronounced, reflecting a slowdown in imports (3.7% vs. 4.6%) alongside a recovery in exports (1.2% vs. -0.1%). Meanwhile, the positive contribution of domestic demand eased, driven by weaker investment growth.