Portuguese football team celebrates.

Portugal’s GDP is surging at its fastest rate in 17 years

2.7%

Portugal reported its fastest economy growth rate since 2000, with a real GDP increase of 2.7% last year.

Published   |  Photo by Reuters/Kai Pfaffenbach
Portuguese football team celebrates.
2.7%

Three years after an international bailout, Portuguese growth is being spurred by domestic demand, high investment, and a boost in exports.

Portuguese football team celebrates.
2.7%

Portuguese football team celebrates.
2.7%

However, Portugal’s economy still lags behind the rest of the EU.

Portuguese football team celebrates.
2.7%

Portugal’s own lingering debt problem is a notable sore spot. The nation’s public debt-to-GDP ratio stands at 130%.

Portuguese football team celebrates.
2.7%

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