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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.

OECD Taxing Wages 2026 Lands With Portugal Among the Eleven Economies Where Labour Tax Fell — Average-Wage Wedge Drops to 39.3% After a Second Round of IRS Reform

OECD Taxing Wages 2026 Lands With Portugal Among the Eleven Economies Where Labour Tax Fell — Average-Wage Wedge Drops to 39.3% After a Second Round of IRS Reform

The OECD's Taxing Wages 2026 report, released 22 April, puts Portugal's single-worker labour tax wedge at 39.3% for 2025 — down a third consecutive year from 41.1% in 2023. Portugal is one of only 11 OECD economies where the wedge fell in 2025, against an OECD mean of 35.1% and an EU mean of 41.7%.

Portugal's Deco Proteste Food Basket Crosses €260 for the First Time — Seventh Straight Weekly Rise and a 39% Jump Since 2022 Baseline

Portugal's Deco Proteste Food Basket Crosses €260 for the First Time — Seventh Straight Weekly Rise and a 39% Jump Since 2022 Baseline

Portugal’s benchmark weekly cabaz alimentar — the 63-product basket that consumer association Deco Proteste has tracked since January 2022 — crossed €260 for the first time in the week of 15–22 April, reaching...

Lula Leaves Lisbon With No Signed Treaties — But With Montenegro Quoting 235,000 Brazilian Regularizations and a Mercosur Pitch as Portugal's Strategic Wedge

Lula Leaves Lisbon With No Signed Treaties — But With Montenegro Quoting 235,000 Brazilian Regularizations and a Mercosur Pitch as Portugal's Strategic Wedge

Brazilian President Luiz Inácio Lula da Silva concluded a one-day official visit to Lisbon on Tuesday 21 April with a single public verdict — “ muito boa, maravilhosa ” (very good, wonderful) — and with no signed bilateral treaty to show...