Portugal: Staff Report for the 2002 Article IV Consultation
IMF Staff Country Reports, April 9, 2003
Source details
- Canonical URL
- Portugal: Staff Report for the 2002 Article IV Consultation
Other formats
Bibliographic details
- Published: April 9, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451832150.002
Main findings on economic performance
- After an extended strong economic expansion, GDP growth stalled in 2002 and, at 0.5 percent, fell below the euro area average for the first time in almost a decade.
- The growth slowdown reflected a broad-based decline in domestic demand as households began to adjust to high indebtedness levels and a deteriorating employment outlook.
- Investment continued to fall amid slowing demand prospects and rising global and domestic uncertainty.
- The weakness in domestic demand led to a decline of imports.
Fiscal and balance-sheet related topics covered
- Subject areas listed: Asset and liability management, Asset management, Expenditure, Fiscal consolidation, Fiscal policy, Fiscal stance, Public debt.
- Keywords emphasizing fiscal and financial themes: Asset management, asset sale, CR, credit growth, deficit, deficit estimate, estimate, Europe, Fiscal consolidation, Fiscal stance, GDP, Global, IMF to the public, IMF's assessment, indebtedness level, ISCR, outturn.
Publication metadata and availability
- Publication title: Portugal: Staff Report for the 2002 Article IV Consultation
- Publication date: April 9, 2003
- Pages: 46
- Volume: 2003
- Issue: 099
- Series: Country Report No. 2003/099
- DOI: https://doi.org/10.5089/9781451832150.002
- Stock No: 1PRTEA0012003
- ISBN: 9781451832150
- ISSN: 1934-7685
- The IMF eLibrary "offers over 25,000 IMF publications in multiple formats."
International Monetary Fund. "Portugal: Staff Report for the 2002 Article IV Consultation", IMF Staff Country Reports 2003, 099 (2003), accessed 9/11/2026, https://doi.org/10.5089/9781451832150.002