Quarterly National Accounts - Flash Estimate
Gross Domestic Product up by 1.7% in real terms
- 1st Quarter 2010
12 May 2010
The Flash Estimate of the Portuguese Gross Domestic Product (GDP) points to a year on year growth rate of 1.7% in volume in the 1st quarter 2010 (the same rate was -1.1% in the previous quarter). Comparing with the previous quarter, the Portuguese GDP grew 1.0%.
The GDP year on year increase in the 1st quarter 2010 was partially associated to a base effect (in the 1st quarter 2009 GDP diminished 3.7% year on year), with Domestic Demand and External Demand Balance registering an increase in their respective contributions, more intense in the first case.