Economic projections
Projections for Portugal updated on: 28 March 2019
Projections for Euro Area updated on: 7 March 2019
Unit: annual change, in percentage
2018 | 2019 (p) | 2020 (p) | 2021 (p) | |||
|---|---|---|---|---|---|---|
Gross domestic product |
| 2.1 | 1.7 | 1.7 | 1.6 | |
| 1.9 | 1.1 | 1.6 | 1.5 | ||
Harmonized index of consumer prices |
| 1.2 | 0.8 | 1.2 | 1.3 | |
| 1.7 | 1.2 | 1.5 | 1.6 | ||
Private consumption |
| 2.5 | 2.7 | 1.9 | 1.6 | |
| 1.3 | 1.3 | 1.6 | 1.4 | ||
Public consumption |
| 0.8 | 0.3 | 0.2 | 0.2 | |
| 1.1 | 1.7 | 1.6 | 1.4 | ||
Gross fixed capital formation |
| 4.4 | 6.8 | 5.8 | 5.2 | |
| 3.3 | 2.1 | 2.4 | 2.0 | ||
Exports |
| 3.7 | 3.8 | 3.7 | 3.6 | |
| 2.8 | 2.8 | 3.6 | 3.2 | ||
Imports |
| 4.9 | 6.3 | 4.7 | 4.1 | |
| 2.7 | 3.7 | 4.1 | 3.5 | ||
Employment |
| 2.3 | 1.5 | 0.9 | 0.4 | |
| 1.4 | 0.7 | 0.6 | 0.6 | ||
Unemployment rate |
| 7.0 | 6.1 | 5.5 | 5.2 | |
| 8.2 | 7.9 | 7.7 | 7.5 |
Portugal
Euro AreaFor further information, see:
- Economic Bulletin - March 2019 (only in portuguese)
- ECB staff macroeconomic projections for the euro area - March 2019
Legend:
(p) projected