Macro - Country Economic Forecasts - Portugal
We have cut our 2022 GDP growth forecast to 5% from 5.3% due to Russia's invasion of Ukraine and associated higher-for-longer energy price inflation. Still, we think Portugal will likely be among the eurozone countries least affected economically by the conflict. The structure and composition of the Portuguese electricity market are expected to continue to mitigate the rise in prices, while Portugal also has modest direct trade links with Russia and Ukraine.
- Portugal: Russia-Ukraine war prompts downward revision to growth
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Risk warnings
- What to watch out for
- Exposure to key global risks
- Long-term prospects
- Background
- Economic development
- Structure of the economy
- Balance of payments and structure of trade
- Policy
- Politics
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook