Portugal GDP ranks 17th from 27

  • Home >
  • News >
  • Portugal GDP ranks 17th from 27

Portugal GDP ranks 17th from 27
Reading time: 1 minute
Published: 20th February 2020, 4:34pm

Portugal’s Gross Domestic Product (GDP) rose 0.6% in the fourth quarter of 2019 compared to the previous three months, according to data published by the National Statistics Institute (INE).

In the annual comparison, Portuguese GDP expanded by 2.2% between October and December. Experts explain that the pace of activity of the national economy should have accelerated during this time.

Throughout 2019, Portugal’s GDP increased by 2%, showing a slowdown compared to the 2.4% increase in 2018, INE reported. Nonetheless, the European Commission places Portugal on the 17th position in terms of economic growth from the list of 27 EU member state countries.

The statistic shows the growth in real GDP in Portugal from between 2014 to 2018, with projections up until 2024.


Source: essential-business.pt
Find your dream property
25th February 2020
Golden Visa is a very straightforward program with a clear set of criteria.…
20th February 2020
Portugal tourism reaches 27 million tourists last year, 7.3% more than…

Buying Property in Portugal

Portugal Homes has very experienced and knowledgeable professionals working with some of the most established and reputable developers Portugal has to offer. Our vast experience allows us to guide you through the best investment choices.

Whether you want a holiday home or an investment property, we select the best units for your profile and take care of all the process from start to finish. Even after the sale! Our After Sales services assume the responsibility of furnishing your property at your taste, taking care of the property in your absence, managing the rentals if you wish to rent your property when you’re not in Portugal and so much more!

To learn more about the Portuguese Non-Habitual Resident Program and our After Sales services, please fill the form below.

Overwhelming. Luisa has exceeded our expectations on all levels. Trust was established immediately. Enhanced by super friendly professionalism. The networks to banks, accountants, lawyers was seamless. there is not enough space here to write all the positives, enough to say we are making an offer and we only arrived 4 days ago. Its impossible to improve from perfection!

John Mulroe and Wiebke Bock

Thank you. Lovely experience with all of the staff. George was very helpful, knowledgeable and had a good grasp of the financials. Will recommend Portugal Homes to friends. Also excellent experience with the After Sales - very helpful.

Nadia Webb

Portugal Homes is very customer-oriented. Mr. George Hobson epitomizes professionalism and dedication. This in addition to his amiable and congenial attitude.

Investor from Algeria

Thank you very much for your help. I'm glad to have chosen Portugal Homes as my property management agent.

Investor from Hong Kong

Simon has been wonderful to work with. We did not feel pushed in any way.

Andre & Lena Jourdan from USA

Portugal Homes is a personal and competent company. Our experience with Antoine was excellent and enjoyable. Thank you

Usha Pinninti from Texas, United States of America