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economy

economy

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.

Portugal's Pension Reserve Surpasses 47 Thousand Million Euros — Covering 27.5 Months of Payments for the First Time

Portugal's Social Security Stabilisation Fund surpassed EUR 47 billion for the first time in its history, reaching EUR 47.18 billion at the end of the first quarter of 2026 — an increase of approximately EUR 8 billion in just 12 months. The fund,...

Portugal Overtakes Italy in EU Car Production for First Time as Autoeuropa Plant Hits 240,000 Vehicles

A Quiet Industrial Milestone Portugal produced 240,400 vehicles in 2025, overtaking Italy to become the ninth-largest car manufacturer in the European Union. The achievement, recorded in data from the European Automobile Manufacturers' Association...

War-Driven Cost of Living Squeeze Cuts Lottery and Scratch Card Sales by 40 Million Euros

Santa Casa da Misericórdia de Lisboa has suffered an estimated EUR 40 million decline in gaming sales since the Middle East war began driving up fuel and food prices, its Provedor Paulo Sousa has revealed, warning that Portuguese consumers...

Aerospace and Defence Cluster Exports 92 Per Cent of What It Produces as Sector Employs 20,000 Across 180 Entities

Portugal's aerospace, space, and defence industries exported 92 per cent of their combined output in 2024, generating a total business volume of EUR 2.1 billion and employing roughly 20,000 people across some 180 entities, according to the president...