Economic projections
Projections for Portugal updated on: 28 March 2018
Projections for Euro Area updated on: 8 March 2018
Unit: annual change, in percentage
2017 | 2018 (p) | 2019 (p) | 2020 (p) | |||
|---|---|---|---|---|---|---|
Gross domestic product |
| 2.7 | 2.3 | 1.9 | 1.7 | |
| 2.5 | 2.4 | 1.9 | 1.7 | ||
Harmonized index of consumer prices |
| 1.6 | 1.2 | 1.4 | 1.5 | |
| 1.5 | 1.4 | 1.4 | 1.7 | ||
Private consumption |
| 2.2 | 2.1 | 1.9 | 1.7 | |
| 1.9 | 1.7 | 1.7 | 1.5 | ||
Public consumption |
| 0.1 | 0.5 | 0.4 | 0.5 | |
| 1.2 | 1.2 | 1.2 | 1.1 | ||
Gross fixed capital formation |
| 9.0 | 6.5 | 5.6 | 5.4 | |
| 3.7 | 4.4 | 3.4 | 2.8 | ||
Exports |
| 7.9 | 7.2 | 4.8 | 4.2 | |
| 5.2 | 5.3 | 4.1 | 3.8 | ||
Imports |
| 7.9 | 7.7 | 5.4 | 5.0 | |
| 4.6 | 5.1 | 4.5 | 4.0 | ||
Employment |
| 3.3 | 1.9 | 1.3 | 0.9 | |
| 1.7 | 1.4 | 1.1 | 0.8 | ||
Unemployment rate |
| 8.9 | 7.3 | 6.3 | 5.6 | |
| 9.1 | 8.3 | 7.7 | 7.2 |
Portugal
Euro AreaFor further information, see:
- Banco de Portugal projections for the Portuguese economy - March 2018 (only in portuguese)
- ECB staff macroeconomic projections for the euro area - March 2018
Legend:
(p) projected