Economic projections
Projections for Portugal updated on: 15 June 2022
Projections for Euro Area updated on: 08 September 2022
Unit: annual change, in percentage
2021 | 2022 (p) | 2023 (p) | 2024 (p) | ||
|---|---|---|---|---|---|
Gross domestic product |
| 4.9 | 6.3 | 2.6 | 2.0 |
| 5.2 | 3.1 | 0.9 | 1.9 | |
Harmonized index of consumer prices |
| 0.9 | 5.9 | 2.7 | 2.0 |
| 2.6 | 8.1 | 5.5 | 2.3 | |
Private consumption |
| 4.5 | 5.2 | 1.2 | 1.5 |
| 3.7 | 3.6 | 0.7 | 1.2 | |
Public consumption |
| 4.1 | 2.2 | -0.9 | -0.2 |
| 4.2 | 1.4 | -1.3 | 1.0 | |
Gross fixed capital formation |
| 6.4 | 5.0 | 7.6 | 5.0 |
| 3.8 | 3.1 | 1.6 | 3.0 | |
Exports |
| 13.1 | 13.4 | 5.8 | 3.6 |
| 10.5 | 6.1 | 3.8 | 3.9 | |
Imports |
| 12.9 | 9.5 | 4.5 | 3.4 |
| 8.2 | 6.5 | 3.1 | 3.3 | |
Employment |
| 2.1 | 1.7 | 0.4 | 0.2 |
| 1.3 | 2.0 | 0.2 | 0.2 | |
Unemployment rate |
| 6.6 | 5.6 | 5.4 | 5.4 |
| 7.7 | 6.7 | 6.9 | 7.0 |
Portugal
Euro AreaFor further information, see:
- Economic Bulletin - June 2022 (only in Portuguese)
- ECB staff macroeconomic projections for the euro area - September 2022
Legend:
(p) projected
