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National accounts, unemployment and inflation

Updated 18 Jan. 2021

Learn more about: GDP; Private Consumption; Gross Fixed Capital Formation; Exports; Unemployment rate; and Harmonised index of consumer prices

	2018	2019	4Q 2019	1Q 2020	2Q 2020	3Q 2020
Área Euro	1.90	1.20	1.00	-3.20	-14.70	-4.30	See chart	BP stat
Portugal	2.60	2.20	2.30	-2.40	-16.40	-5.70	See chart	BP stat

* (y.r. %)

	2018	2019	4Q 2019	1Q 2020	2Q 2020	3Q 2020
Área Euro	1.40	1.30	1.20	-3.90	-16.00	-4.60	See chart	BPstat
Portugal	2.90	2.30	2.40	-1.00	-14.40	-4.30	See chart	BPstat

* (y.r. %)

GDP10.7

	2018	2019	4Q 2019	1Q 2020	2Q 2020	3Q 2020
Área Euro	1.90	1.20	1.00	-3.20	-14.70	-4.30	See chart	BP stat
Portugal	2.60	2.20	2.30	-2.40	-16.40	-5.70	See chart	BP stat

* (y.r. %)

Private consumption10.1

	2018	2019	4Q 2019	1Q 2020	2Q 2020	3Q 2020
Área Euro	1.40	1.30	1.20	-3.90	-16.00	-4.60	See chart	BPstat
Portugal	2.90	2.30	2.40	-1.00	-14.40	-4.30	See chart	BPstat

* (y.r. %)

	2018	2019	4Q 2019	1Q 2020	2Q 2020	3Q 2020
Área Euro	2.30	5.50	5.00	1.10	-20.50	-4.70	See chart	BPstat
Portugal	6.20	6.50	2.60	-0.40	-8.50	0.50	See chart	BPstat

* (y.r. %)

	2018	2019	4Q 2019	1Q 2020	2Q 2020	3Q 2020
Área Euro	3.30	2.50	1.80	-3.10	-21.50	-8.90	See chart	BPstat
Portugal	4.50	3.70	5.90	-4.90	-39.40	-15.20	See chart	BPstat

* (y.r. %)

Gross Fixed Capital Formation9

	2018	2019	4Q 2019	1Q 2020	2Q 2020	3Q 2020
Área Euro	2.30	5.50	5.00	1.10	-20.50	-4.70	See chart	BPstat
Portugal	6.20	6.50	2.60	-0.40	-8.50	0.50	See chart	BPstat

* (y.r. %)

Exports24.2

	2018	2019	4Q 2019	1Q 2020	2Q 2020	3Q 2020
Área Euro	3.30	2.50	1.80	-3.10	-21.50	-8.90	See chart	BPstat
Portugal	4.50	3.70	5.90	-4.90	-39.40	-15.20	See chart	BPstat

* (y.r. %)

	2018	2019	Jul 2020	Aug 2020	Sep 2020	Oct 2020
Área Euro	8.20	7.60	8.70	8.60	8.50	8.40	See chart	BPstat
Portugal	6.60	6.40	7.90	8.10	7.90	7.50	See chart	BPstat

* (%)

	2018	2019	Aug 2020	Sep 2020	Oct 2020	Nov 2020
Área Euro	1.80	1.20	-0.20	-0.30	-0.30	-0.30	See chart	BPstat
Portugal	1.20	0.30	-0.20	-0.80	-0.60	-0.40	See chart	BPstat

* (y.r. %)

Unemployment rate -0.4

	2018	2019	Jul 2020	Aug 2020	Sep 2020	Oct 2020
Área Euro	8.20	7.60	8.70	8.60	8.50	8.40	See chart	BPstat
Portugal	6.60	6.40	7.90	8.10	7.90	7.50	See chart	BPstat

* (%)

Harmonised index of consumer prices0.2

	2018	2019	Aug 2020	Sep 2020	Oct 2020	Nov 2020
Área Euro	1.80	1.20	-0.20	-0.30	-0.30	-0.30	See chart	BPstat
Portugal	1.20	0.30	-0.20	-0.80	-0.60	-0.40	See chart	BPstat

* (y.r. %)

Legend:

Upward trend

Downward trend

No trend