Eurozone deficit shrinks in 2023 and Portugal with 4th largest surplus
According to Eurostat
According to Eurostat
By countries, the Portuguese economy was the one that showed the biggest year-on-year increase (2,2%), behind that of Cyprus (2,3%)
The growth of the Portuguese economy in the fourth quarter of 2023 surprised
Algarve's GDP grew 7,4% in real terms, performing better than the country's average (5,7%)
The way of ascertaining and analyzing statistical numbers will not change; so, either the Algarve changes or everything will remain the same
Luís Gomes emphasizes that «we must invest in new sectors capable of making the Algarve economy more resilient, more attractive and more stable»
Governor stressed that these budget support adopted at the end of 2021 “did not change the forecast because the Portuguese economy managed to resist this phase of the pandemic very well”
What impact did the crisis have on the regional economy? How has the Algarve's contribution to the national GDP evolved? What was the regional performance compared to other NUTS II?
According to data from INE
According to the latest macroeconomic data from the National Institute of Statistics
The European Commission today published its winter macroeconomic forecasts