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.
The 2027 budget puts Construir Portugal's structural housing investment at 1,061 million euros, down from 2,905 million in 2026. The council rehousing programme 1.º Direito falls by four fifths; rent support sits in a separate line.
Brazil's new dual VAT reaches air fares from 2027 and runs in full from 2033. ECO puts the effective rate at 26.5 percent; an airline association expects 17.8 percent fewer international trips, and TAP's chief says he hopes it never happens.
The Porto Seco da Guarda opened on 23 October: room for 47,040 containers a year, tracks for 750-metre freight trains and about 10,000 lorries a year, run by YILPORT as an inland extension of the Port of Leixões.
Eurostat's quarterly figures give Portugal a 0.8 percent of GDP surplus from April to June, the fifth-largest in the EU, while government debt rose 2.1 points to 92.5 percent of GDP, the second-biggest increase after Poland. What the numbers mean.
The vice-governor who chaired the Resolution Fund through Novo Banco's rescue and sale leaves the Bank of Portugal on 31 October, four months after his term ran out. No replacement has been named, and the choice goes through a parliamentary hearing first.
Eurostat puts EU growth since 2019 at 5.6 percent. Every Portuguese region beat that except Alentejo, whose real GDP was 0.7 percent below its pre-pandemic level in 2024. Madeira led with 15.7 percent.
Portugal's Competition Authority says renewing all of MEO, NOS and Vodafone's mobile spectrum would limit Digi's expansion, and wants three bands offered competitively. What ANACOM proposed, and how to switch operator.
