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AICEP
Agência para o Investimento e Comércio Externo de Portugal

CABEÇALHO

The Portuguese economy will grow by 6.8% in 2022, above the 6.5% estimated in the State Budget for 2023 (OE2023), the Minister of Finance said.

"Portugal will end 2022 with a [economy] growth of around 6.8%", said Fernando Medina, stressing that, with this result, the economy showed "resilience" and "defeated all pessimism".

The Ministers of Economy, António Costa Silva, of Finance, Fernando Medina, and of Social Security, Ana Mendes Godinho, gave a joint press conference at the Ministry of Economy, in Lisbon, to assess the activity of the areas under their tutelage ministries and perspectives for 2023.

The growth of the economy in 2022 was also mentioned by António Costa Silva, who classified it as "exemplary", taking into account the external context and the rise in energy prices. The Minister of Economy also mentioned that in 2022 exports will reach 50% of GDP.

"We are going to have a slowdown in the economy in 2023, but we have confidence factors that can support that this slowdown will still amount to economic growth", said Minister António Costa Silva, during the press conference.

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