SYNTHESIS INE@COVID-19, 4 JUN 2021

June . 04 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 5/10 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Overnight stays in tourist accommodation establishments, per month In the first four months of 2021, there was a year-on-year decrease of 70.1% in total overnight stays, resulting from rates of change of -39.0% in residents and -85.6% in non-residents. 0 2 4 6 8 10 12 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr 2018 2019 2020 10 3 Overnight stays COVID-19 PANDEMIC Gross domestic product in volume registered a year-on-year rate of change of -5.4% and a quarter-on-quarter rate of change of -3.3% In the 1 st quarter of 2021 • Gross Domestic Product (GDP), in real terms, registered a year-on-year rate of change of -5.4% (-6.1% in the previous quarter), reflecting the effects of the general confinement earlier this year, due to the worsening of the COVID-19 pandemic. • The contribution of domestic demand to the year-on-year rate of change of GDP was -3.4 percentage points (p.p.) (-2.4 p.p. in the 4 th quarter). This decrease between quarters was mainly a consequence of the sharper reduction in private consumption (year-on-year rates of change of -4.6% in the 4 th quarter of 2020 and -6.9% in the 1 st quarter of 2021). Investment, by contrast, accelerated from 0.8% growth in the 4 th quarter of 2020 to 3.5% in the following quarter. More information available at: Tourism activity, flash estimate – April 2021 (31 May 2021)