Quarterly National Accounts - Flash Estimate
Gross Domestic Product up by 1.5% in real terms
- 3rd Quarter 2010
12 November 2010
Summary
The Flash Estimate of the Portuguese Gross Domestic Product (GDP) points to a year on year growth rate of 1.5% in volume in the 3rd quarter 2010 (1.4% in the previous quarter). Comparing with the previous quarter, the Portuguese GDP grew 0.4%.
In the 3rd quarter the contribution of External Demand Balance for GDP change rate was positive (negative in the previous quarter), with Exports of Goods and Services registering a strong increase. The contribution of Domestic Demand was negative in the 3rd quarter (positive in the 2nd quarter) mainly due to the behaviour of Investment.