WebInq - Survey data collection


Censos

Recenseamento Agrícola 2009

 

YOUTUBE  RSS  PINTEREST
Follow us!


INE Mobile

     

Press Releases


      
 

Quarterly national accounts
Gross Domestic Product decreased 1.6% in real terms in the year 2011 and 2.8% in the 4th quarter 2011 - 4th Quarter 2011
09 March 2012

Summary

In 2011, Gross Domestic Product (GDP) decreased by 1.6% in volume, after the growth rate of 1.4% observed in the previous year. This behaviour was mainly due to the contribution of domestic demand, which shifted from 0.9 p.p. of GDP in 2010 to -6.2 p.p. in 2011, with Private Consumption and Investment decreasing markedly. In the opposite direction, the contribution of net external demand increased to 4.6 p.p. (0.5 p.p. in 2010), mainly driven by a reduction in Imports of Goods and Services, while Exports of Goods and Services continued to grow, although at a lower rate.
In the 4th quarter 2011, GDP diminished 2.8%, in real terms, comparing with the same period of 2010 (change rate of  1.9% in the previous quarter). Comparing with the previous quarter, the Portuguese GDP diminished 1.3% in real terms. The contribution of domestic demand to the GDP year-on-year change rate declined significantly in 4th quarter 2011, attaining -10.3 p.p. (-5.3 p.p. in the 3rd quarter), reflecting the more intense declines of Investment and Private Consumption. The positive contribution of net external demand increased to 7.5 p.p. (3.3 p.p. in the previous quarter), mainly reflecting a stronger decrease in Imports of Goods and Services, while Exports decelerated but maintained a high growth. In the 4th quarter, despite the deterioration of the terms of trade, External Trade Balance was less negative by 6.3% of GDP comparing with the observed in the same quarter of 2010, leading to a substantial improvement of the net lending/borrowing of total economy. 



Press release - complete version
Download the document PDF (312 Kb)
Press release - tables
Excel Excel (424 Kb)
Excel Excel (318 Kb)
CSV CSV (31 Kb)
CSV CSV (11 Kb)






Login for subscription

                            Em conformidade com o nível 'AA' das WCAG 1.0 do W3C
CSE AELA SICAE SEE - Sistema Estatico Europeu ESS Vision 2020   UE - Fundo Europeu de Desenvolvimento Regional POCI Complete 2020 Portugal 2020