Economic projections
Projections for Portugal updated on: 21 June 2017
Projections for Euro Area updated on: 7 September 2017
Unit: annual change, in percentage
2016 | 2017 (p) | 2018 (p) | 2019 (p) | |||
|---|---|---|---|---|---|---|
Gross domestic product |
| 1.4 | 2.5 | 2.0 | 1.8 | |
| 1.8 | 2.2 | 1.8 | 1.7 | ||
Harmonized index of consumer prices |
| 0.6 | 1.6 | 1.4 | 1.5 | |
| 0.2 | 1.5 | 1.2 | 1.5 | ||
Private consumption |
| 2.3 | 2.3 | 1.7 | 1.7 | |
| 2.0 | 1.7 | 1.8 | 1.5 | ||
Public consumption |
| 0.5 | 0.4 | 0.6 | 0.3 | |
| 1.8 | 1.2 | 1.2 | 1.1 | ||
Gross fixed capital formation |
| -0.1 | 8.8 | 5.3 | 5.5 | |
| 4.1 | 4.0 | 3.9 | 3.1 | ||
Exports |
| 4.4 | 9.6 | 6.8 | 4.8 | |
| 3.2 | 4.7 | 3.7 | 3.8 | ||
Imports |
| 4.4 | 9.5 | 6.9 | 5.2 | |
| 4.5 | 5.2 | 4.6 | 4.2 | ||
Employment |
| 1.6 | 2.4 | 1.3 | 1.3 | |
| 1.4 | 1.5 | 1.0 | 0.8 | ||
Unemployment rate |
| 11.1 | 9.4 | 8.2 | 7.0 | |
| 10.0 | 9.1 | 8.6 | 8.1 |
Portugal
Euro AreaFor further information, see:
- Banco de Portugal projections for the Portuguese economy - June 2017;
- ECB staff macroeconomic projections for the euro area - September 2017;
Legend:
(p) projected