Preliminary figures released by Eurostat, the European Commission’s statistical agency, reveal that Portugal’s gross domestic product (GDP) grew by 0.8% in the final quarter of 2025. This is more than double the eurozone’s growth rate of 0.3% over the same period.
Across the wider EU, the average quarterly increase stood at 0.4%.
Portugal’s robust economic performance is further reflected in its annual GDP growth, which reached 1.9% year-on-year. This comfortably exceeded the EU average of 1.4%.
By comparison, Germany recorded growth of just 0.4%, while France saw a 1.1% increase.
Among EU countries where data was available, Lithuania recorded the strongest quarterly performance, with growth of 1.7%. Portugal and Spain followed closely, both reporting growth of 0.8%. Ireland was the only counattempt to record a contraction, with GDP declining by 0.6%.
Across the bloc, year-on-year economic growth was recorded in 14 countries, while one counattempt saw no alter.
Portugal maintained steady momentum throughout 2025, with quarterly GDP growth ranging between 1.7% and 2.3% compared with 2024 levels.
Statistics Portugal, the Portuguese government’s statistical authority, explained: “Compared to the third quarter of 2025, GDP increased by 0.8% in volume, after a 0.7% increase in the previous quarter.
“In 2025, GDP grew by 1.9%, in volume, after increasing by 2.1% in 2024.
“Domestic demand presented a positive contribution to the annual growth of GDP in volume, higher than in the previous year, reflecting the acceleration in private consumption and investment.”
Paul Stannard, chairman and founder of Portugal Pathways, declared: “This demonstrates the solid progression of Portugal’s economic foundations.
“Its GDP is increasing at a rapider rate than many other EU nations and once again highlights just why it is becoming so popular for international investors.”
Portugal’s economic expansion in recent years has also been supported by its Golden Visa residency-by-investment programme.
Research from the World Digital Foundation reveals that since launching in 2012, the Golden Visa has generated €54 billion in contributions to Portugal’s broader economy.
To learn more about how Portugal’s Golden Visa operates today, recent legal and regulatory alters, and how experienced advisers approach residency and Golden Visa investment decisions in practice, register for Portugal Pathways’ latest live expert briefing on Portugal’s Golden Visa programme.
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