IMF reviews low growth from the Portuguese economy to 2%
The International Monetary Fund (IMF) has reviewed the predictions for the growth of the Gross Domestic Product (GDP) from Portugal this year, to 2%, compared to what I estimated in October, and below government forecasts.
Still, the national economy maintains growth above the eurozone expected to be 0.8%this year, with the IMF estimating that Germany is stagnant at 0%.
For 2026, the body foresees a 1.7% growth of national GDP.
The IMF has also reviewed its predictions for the growth of the world economy to 2.8% this year, compared to the 3.3% it pointed out in January.
« The rapid climb of commercial tensions and extremely high levels of political uncertainty should have a significant impact on world economic activity, » he said in the document.
The IMF projects that growth in advanced economies is 1.4% in 2025, estimating that “growth in the United States loan to 1.8%”, a lower percentage value “to the Weo January 2025 update due to greater political uncertainty, commercial tensions and the lowest demand dynamics”.
The growth in the euro area of 0.8%should slow 0.2 percentage points, compared to the estimated in January.
In emerging and developing markets, growth should “slow down to 3.7% in 2025 and 3.9% in 2026, with significant descents for countries most affected by recent commercial measures such as China,” he warned.