Latest news and stories about economic growth in Portugal for expats and residents.
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The Confederation of Portuguese Business says the agreement is “good news for companies”, offering “great prospects for economic growth on both sides of the Atlantic”.

Home News Algarve economy grows above national average Algarve economy grows above national average The Algarve region's economy grew by 2. 3% in 2024, a figure above the national average of 2. 1%, and increased its contribution to the national Gross Domestic Product from 4.

Chosen to host Formula 1 Grand Prix events in 2027 and 2028, the Algarve tourism region recalls that in 2020, the Portimão racetrack generated €100 million from the event, despite dealing with COVID-19 restrictions that allowed only a third of spectators.

The Portuguese stock market rose by 27.4% in 2025, outperforming benchmark indices such as the US S&P 500 and the German DAX, with notable performances from BCP, Mota-Engil, and Jerónimo Martins, according to an analysis by X.

The leader of the executive highlighted that the approvals confirm and reinforce the region's “growth path” and that the strategy for this is based on balancing public accounts and reducing taxes.

Maria Luís Albuquerque wants European rules to deliver results where it matters most: “supporting citizens, strengthening businesses, and boosting growth”. The banking sector is “central”, is “robust”, but needs to achieve greater scale, argues the European Commissioner.
