External sector

Portugal’s agriculture sector: still dual, but promising

There are signs that suggest that the agricultural sector could be entering a new expansionary phase. Specifically, changes can be seen in the ownership structure of farms, in the sector’s human capital and in its trend productivity growth that point towards an increase in the sector’s growth potential. This has been evident in the recovery of the gross value added (GVA) generated by agriculture, which in 2018 reached 1.7% of the GVA of the economy as a whole, 0.4 pps more than in 2011. The sector is still dominated by...

Monthly Report - Focus