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GVA of the non-financial enterprises increased by 5.6% in nominal terms
Enterprises in Portugal
Provisional data
GVA of the non-financial enterprises increased by 5.6% in nominal terms Provisional data - 2018
20 September 2019

Summary

In 2018, the main economic indicators of the non-financial enterprise sector continued to improve, although with lower growth than in the previous year. Turnover, GVA and GOS increased by 6.4%, 5.6% and 2.8% in nominal terms, respectively (9.1%, 8.5% and 9.4% in 2017, in the same order).
The apparent labour productivity of non-financial companies increased by 0.4%, reaching EUR 29 100 per each person employed in 2018. The GVA generated per company was EUR 220.6 thousand, 1.7% more than in the previous year. The average turnover reached EUR 924.4 thousand, 2.5% more than in 2017.
Among the sectors of activity, the companies from Construction and real estate stood out as the ones with the highest increases in the main economic indicators, namely in turnover, GVA and GOS (+11.7%, +12.0% and +18.9%, respectively). The investment rate in this sector recorded the highest increase, reaching 34.4% in 2018 (+9.8 p.p. over 2017) (see the box).
In 2018, there were 25 731 companies with an exporting profile in Portugal (+3.8% compared to 2017), accounting for 6.3% of total non-financial companies in Portugal. These companies represented 22.7% of the persons employed, 34.8% of the turnover and 32.3% of the GVA of total non-financial companies (-0.3 p.p., -0.1 p.p. e -0.7 p.p., vis-à-vis 2017, respectively).


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