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.
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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!
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