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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.

Bank of Portugal Slashes 2026 Growth Forecast to 1.8% as Middle East Conflict Drives Energy Shock and Consumer Confidence Crashes

Bank of Portugal Slashes 2026 Growth Forecast to 1.8% as Middle East Conflict Drives Energy Shock and Consumer Confidence Crashes

Portugal's economic outlook has deteriorated sharply in the wake of the US-Israel attack on Iran in late February, forcing the Bank of Portugal to cut its 2026 growth forecast by a full half percentage point to 1.8%, down from the 2.3% projected...

Portugal's Luxury Real Estate Market Defies Slowdown — Five Regions Dominate International Demand

Portugal's Luxury Real Estate Market Defies Slowdown — Five Regions Dominate International Demand

Scarcity, international buyers, and geographic segmentation define Portugal's premium property market as 2026 begins, according to Engel & Völkers' latest market report. Portugal's luxury real estate market is entering 2026 in consolidation mode...

Portugal to Integrate Financial Literacy into National Curriculum from Primary School to Secondary

Portugal to Integrate Financial Literacy into National Curriculum from Primary School to Secondary

Portugal's financial regulators and the Ministry of Education have formalized a comprehensive partnership to embed financial literacy across the country's education system, from 1st grade through secondary school, as part of the National Financial...

90% of Portuguese AI Users Say It Makes Them More Productive — But Only 18% Fear Losing Their Jobs

90% of Portuguese AI Users Say It Makes Them More Productive — But Only 18% Fear Losing Their Jobs

Portuguese workers who use artificial intelligence tools report overwhelming productivity gains, with nearly 90% saying AI helps them complete tasks faster and 84% reporting improved work quality. Yet despite these transformative effects, only 18%...