Portugal : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

December 19, 1995

Summary:

This paper reviews economic developments in Portugal during 1990–95. Economic activity rebounded weakly in 1994, growing by 1 percent after a fall of 1.2 percent in 1993. The recession in 1993 was deeper, and the recovery in 1994 weaker than that experienced by the European Union as a whole. Thus, real convergence with Europe was interrupted: although Portuguese GDP per capita increased from 51.4 percent of the European Union average in 1985 to 64.8 percent in 1992, it fell back to 64.4 percent by 1994.

Series:

Country Report No. 95/124

Subject:

Notes:

This report on recent economic developments in Portugal was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Portugal, or the Executive Board of the IMF.

English

Publication Date:

December 19, 1995

ISBN/ISSN:

9781451832082/1934-7685

Stock No:

1PRTEA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

170

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