The Portuguese economy has rebounded strongly from the COVID-19 crisis. Though high inflation and weak global economic conditions have slowed growth in 2022, renewed fiscal support helped to cushion the impact. Public debt relative to GDP has declined below its 2019 level, but rapid population ageing and strong investment needs are increasing fiscal pressures.

OECD's 1966 Economic Survey of Portugal examines output and demand, the internal financial situation, the balance of payments, economic relations with overseas provinces, and development plans and draws a series of conclusions.

Portugal’s economic recovery is now well established, with GDP back to its pre-crisis level. However, legacies of the recent crisis remain. A high public debt burden and ongoing financial sector vulnerabilities make the economy less resilient. The country is also facing a rapidly ageing ...

OECD's 1963 Economic Survey of Portugal examines general economic trends and policies, reviews the current economic situation, new economic policy measures and prospects, and draws a series of conclusions.

As in most OECD countries, the pandemic triggered a deep recession in Portugal and put huge pressure on the healthcare system. The policy response helped to weather the shock and the recovery has gained speed, sustained by progress in vaccination.