Portugal once again stood out among the eurozone’s top-performing economies in the last quarter of 2025.
Portugal saw its economy grow by 0.8% in 4Q – over double the eurozone’s average of 0.3% like-for-like, according to an estimate from the EU’s statistical office Eurostat.
Portugal’s growth of 1.9% in 2025 was a sharp contrast to the eurozone average of 1.5% and saw it doing better than its peers like Germany which grew by just 0.4%, and France 1.1%. Its 0.8% in the final quarter even outdid the market forecast of 0.5%.
Portugal’s economy expanded by 1.9% in 2025, driven by consumer spending and thriving industries. While that is slightly lower than the 2.1% recorded in 2024, it remains well above the eurozone average.
Portugal did well mostly because of an improvement in the trade balance with a sharp fall in imports, particularly petroleum products, which helped to offset weaker domestic demand.
In fact, looking at the growth of member states, Lithuania enjoyed the strongest quarterly increase rising by 1.7%, followed by Spain and Portugal.
