FX.co ★ Portugal Economy Accelerates in Q3

The Portuguese economy witnessed a quarter-on-quarter growth of 0.8% in Q3 2025, following a revised 0.7% increase in Q2, as indicated by preliminary data. This represents the most rapid growth rate observed this year, driven primarily by strong domestic demand, particularlywith an uptick in household consumption. However, the impact of net trade diminished since imports outpaced exports. On an annual scale, GDP growth escalated to 2.4% in Q3, improving from 1.8% in the prior quarter. The government projects the economy to achieve a 2% growth rate for the year.