Portugal's economy explained: GDP data, market trends, business developments, inflation, real estate, and economic policy. Analysis of how economic trends affect daily life and expat finances.
Standard & Poor's kept Portugal's sovereign credit rating at A+ on Friday but upgraded the outlook from "stable" to "positive" — a move widely interpreted as a precursor to yet another ratings improvement in the months ahead. The decision caps a...
It has been a remarkable earnings season for Portugal's largest companies. In the space of a week, Caixa Geral de Depositos, Banco Comercial Portugues, and energy giant EDP have all reported record annual profits for 2025 -- numbers that would have...
Portugal's national statistics institute, the INE, confirmed on Friday that the country's economy expanded by 1.9 per cent in real terms during 2025 -- a solid performance, though a step down from the 2.2 per cent growth recorded in 2024. In nominal...
Portugal faces a structural housing deficit of approximately 300,000 homes, accumulated over the past decade, and the country will need to triple its annual production from around 20,000 to at least 70,000 units per year by 2029 to close the gap....
Mortgage lending in Portugal grew at its fastest annual rate in two decades in January, new data from the Bank of Portugal revealed on Thursday, underscoring the intensity of demand in a housing market that shows no signs of cooling. Home loans...
Prime Minister Luis Montenegro has acknowledged that financing the country's ambitious post-storm recovery programme may require running budget deficits and increasing public debt -- a significant shift in rhetoric from a government that has made...
EDP, Portugal's largest energy utility, reported a record net profit of 1.15 billion euros for 2025, a 44 percent jump from the 801 million euros posted the previous year. The results, disclosed to the Portuguese securities regulator CMVM on...
