News
Portuguese GDP grows 2.3% and surpasses the European average at the start of 2026
Gross Domestic Product (GDP) in Portugal grew by 2.3% in the first quarter of 2026, according to data released by the National Institute of Statistics. The growth of the Portuguese economy stood out compared to the European average, in an international context marked by economic and geopolitical instability, reinforcing national competitiveness and value creation in Portugal.
The performance was driven by investment associated with the Recovery and Resilience Plan (PRR), increased exports, and the resilience of the labor market. Sectors such as tourism, services, industry, and the primary sector continue to play a relevant role in national economic growth, also contributing to the appreciation of Portuguese products and the internationalization of companies.
Despite the positive results, challenges remain related to inflation, energy costs, and dependence on European funds. Still, the INE data confirm a solid start to the year for the Portuguese economy, with a positive impact on the trade balance and the growth of small and medium-sized national companies.
The performance was driven by investment associated with the Recovery and Resilience Plan (PRR), increased exports, and the resilience of the labor market. Sectors such as tourism, services, industry, and the primary sector continue to play a relevant role in national economic growth, also contributing to the appreciation of Portuguese products and the internationalization of companies.
Despite the positive results, challenges remain related to inflation, energy costs, and dependence on European funds. Still, the INE data confirm a solid start to the year for the Portuguese economy, with a positive impact on the trade balance and the growth of small and medium-sized national companies.
