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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.

Car Insurance Premiums Surge 11.4% in Portugal — Young Drivers and Rural Areas Hit Hardest

Car Insurance Premiums Surge 11.4% in Portugal — Young Drivers and Rural Areas Hit Hardest

Car insurance premiums in Portugal have jumped by an average of 11.4 per cent at renewal, according to an analysis of 409 policies by digital insurance broker Mudey covering eight major insurers between October 2025 and February 2026. The average...

Portugal Emerges as Europe's Tungsten Lifeline as Prices Surge 557% and Borralha Mine Advances

Portugal Emerges as Europe's Tungsten Lifeline as Prices Surge 557% and Borralha Mine Advances

Northern Portugal's Borralha mine is emerging as one of Europe's most important tungsten prospects as prices hit record highs after a 557% rally. A Canadian miner's preliminary assessment values the project at up to CA$1 billion.