Official Portal - Statistics Portugal

Gross Domestic Product year-on-year rate of change was 1.9%
Quarterly national accounts
Gross Domestic Product year-on-year rate of change was 1.9% - 3rd Quarter 2019
29 November 2019


In the third quarter 2019, the Portuguese Gross Domestic Product (GDP) registered a year-on-year rate of growth of 1.9% in volume (same rate as in the previous quarter). The contribution of domestic demand to GDP year-on-year rate of change remained unchanged at 3.2 percentage points, as private consumption accelerated and Investment grew at a slower pace. Net external demand presented a contribution of -1.3 percentage points, similarly to the previous quarter, with the acceleration of both Imports and Exports of Goods and Services. In nominal terms, GDP increased by 3.4%, 0.2 percentage points more than in the previous quarter, reflecting the effect of the improvement in terms of trade (in the second quarter there was a slight loss in terms of trade) on the GDP deflator.
In comparison with the second quarter of 2019, GDP increased by 0.3% in real terms (0.6% in the precedent quarter), as a result of the 0.9 percentage points contribution of domestic demand to GDP quarter-on-quarter rate of change (0.6 percentage points in the previous quarter), while net external demand recorded a contribution of -0.6 percentage points (null contribution in the second quarter).

Press release
Download the document PDF (363 Kb)
Excel Excel (525 Kb)
Excel Excel (272 Kb)
CSV CSV (135 Kb)
CSV CSV (13 Kb)