Commodity market report
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2 Pages

Portugal economic outlook Q2 2014

Portugal economic outlook Q2 2014

Report summary

Portugal emerged from recession in Q2 2013 ending a run of ten consecutive quarters of economic contraction. While the economy has certainly stabilised, we do not expect a smooth recovery. Wood Mackenzie forecasts GDP growth of 0.5% and 0.9% in 2014 and 2015 respectively. Growth prospects will remain weak into the medium term as the burden of high debt, the budget deficit, and chronic unemployment weigh on the economy. 

What's included?

This report includes 1 file(s)

  • Portugal economic outlook Q2 2014 PDF - 258.47 KB 2 Pages, 1 Tables, 0 Figures


This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Economic outlook

In this report there is 1 table or chart, including:

  • Executive summary
    • Economic indicators
  • Economic outlook
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