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Thursday, 22 October 2026

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Competitiveness Forum projects economic growth above 2%

The Competitiveness Forum estimates that the Portuguese economy will grow by 2% this year, unless significant unforeseen events occur.

Archive photo: Competitiveness Forum projects economic growth above 2%
Archive photoPhoto: SEBRAE-SP · Flickr · PDM

The Competitiveness Forum forecasts that Portugal's economy will grow by around 2% this year. The analysis suggests that this growth is secured unless there are serious setbacks. According to the forum, one of the main factors that could impact this forecast is related to the productivity of the new jobs being created in the country.

The forum's report emphasizes that the low productivity of new job positions is a negative aspect that may influence economic performance. Despite this, the organization believes that the fundamentals for stable growth are being maintained, provided there are no significant adverse events.

Previous studies have indicated that the evolution of the Portuguese economy depends on various factors, with the relationship between investment and productivity being crucial. The forum highlights that maintaining stable economic policy will be essential to ensure GDP growth.

Archive photo: Competitiveness Forum projects economic growth above 2%
Archive photoPhoto: Ալեքսանդր Շիրխանյան · Wikimedia Commons · CC BY-SA 4.0

In addition to productivity, the Competitiveness Forum also underscores the importance of a favorable investment environment. Measures that encourage innovation and the development of human capital may help to overcome current challenges.

Finally, the institution reaffirms its commitment to monitoring the evolution of the economy, stating that while the growth forecast is optimistic, it will require constant vigilance to ensure it materializes.