OECD Economic Outlook, Volume 2019 Issue 1
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.
Portugal
Economic growth is projected to remain stable, at 1.8-1.9% in 2019 and 2020. Private consumption will continue to rise in response to persistent employment growth and, more recently, wage increases. Business investment growth should remain robust, on the back of strong corporate profits and accommodative financial conditions. Nonetheless, export growth will slow amid weakening economic activity in Portugal’s major trading partners.