External sector

The sun is (still) shining in Portugal

Tourism has always been a very important sector for the Portuguese economy, and in recent years its importance has increased even further. The sector, which accounts for 10% of the country’s employment, has registered strong growth in recent years, well above that of the economy as a whole. This development has been largely driven by the arrival of international tourists, who have also contributed to the vitality of the Portuguese real estate market that has recently been observed. In 2018, however, the sector has shown the first signs of deceleration...

Monthly Report - Focus