The Government of Portugal, through the Ministry of Finance, highlighted this Thursday, October 30th, the highest economic growth among the euro zone economies, with the Portuguese economy growing 2.4% in the third quarter of 2025, compared to the same period of the previous year, and 0.8% compared to the previous quarter. This information was released in the quick estimate from the National Statistics Institute (INE).
According to INE, “the Gross Domestic Product (GDP), in volume, registered a year-on-year variation of 2.4% in the 3rd quarter of 2025, after having increased by 1.8% in the previous quarter”.
The Ministry of Finance highlighted that the 0.8% quarter-on-quarter growth “represented a performance above previous quarters and what was expected by most analysts”.
The entity also highlighted that “this growth in the Portuguese economy in the 3rd quarter is thus the highest recorded among euro zone countries”, pointing to a “greater dynamism in domestic demand” as one of the main drivers of this advance.
The ministry, led by Joaquim Miranda Sarmento, added that this evolution “represents the greatest chain growth since the beginning of 2023”, excluding the last quarter of 2024.
Based on the results released, the Government expressed confidence that the national economy can continue to grow, predicting that this evolution will reach 2% in 2025, as stipulated in the State Budget proposal for 2026.