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Economic projections

Projections for Portugal updated on: 16 June 2020

Projections for Euro Area updated on: 10 September 2020

 

Unit: annual change, in percentage

2019

2020 (p)

2021 (p)

2022 (p)

Gross domestic product

POR Portugal

2.2

-9.5

5.2

3.8

EU Euro Area

1.3

-8.0

5.0

3.2

Harmonized index of consumer prices

POR Portugal

0.3

0.1

0.8

1.1

EU Euro Area

1.2

0.3

1.0

1.3

Private consumption

POR Portugal

2.2

-8.9

7.7

3.0

EU Euro Area

1.3

-8.0

5.9

3.4

Public consumption

POR Portugal

1.1

0.6

0.7

0.8

EU Euro Area

1.8

1.7

1.7

1.0

Gross fixed capital formation

POR Portugal

6.3

-11.1

5.0

4.5

EU Euro Area

5.0

-12.3

6.3

6.1

Exports

POR Portugal

3.7

-25.3

11.5

11.2

EU Euro Area

2.5

-13.7

7.4

4.5

Imports

POR Portugal

5.2

-22.4

13.5

8.5

EU Euro Area

3.9

-11.7

7.0

5.0

Employment

POR Portugal

0.8

-4.5

2.0

1.5

EU Euro Area

1.2

-2.3

0.1

1.3

Unemployment rate

POR Portugal

6.5

10.1

8.9

7.6

EU Euro Area

7.6

8.5

9.5

8.8

For further information, see: 

 

Legend:

(p) projected

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