Bericht

Portugal's GDP, a note on the 2020 unknowns

We provide a simple exercise for the real growth rate of GDP in 2020 in Portugal, with three alternative scenarios: pessimistic, baseline, and optimistic, with the range for real growth between -5.8% and -3.9%. Of particular relevance is private consumption and investment, with households cutting spending significantly, and government spending that will need to cover some of the lacking domestic demand. The increase in the budgetary imbalances would also be inescapable.

Language
Englisch

Bibliographic citation
Series: EconPol Policy Brief ; No. 23

Classification
Wirtschaft
Subject
Konjunktur
Wirtschaftsprognose
Szenariotechnik
Schätzung
Portugal

Event
Geistige Schöpfung
(who)
Afonso, António
Event
Veröffentlichung
(who)
ifo Institute - Leibniz Institute for Economic Research at the University of Munich
(where)
Munich
(when)
2020

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Bericht

Associated

  • Afonso, António
  • ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Time of origin

  • 2020

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