Quarterly national accounts
Gross Domestic Product increased 1.5% in the 2nd Quarter 2010
- 2nd Quarter 2010
08 September 2010
In the 2nd quarter 2010, GDP increased 1.5% in real terms compared with the same period of 2009 (change rate of 1.8% in the previous quarter). The GDP year on year deceleration in the 2nd quarter was associated to a decrease in the contribution of net external demand, while the contribution of domestic demand increased. Exports and Imports of Goods and Services increased 10.1% and 10.4% in volume, respectively. Comparing with the 1st quarter 2010, Portuguese GDP increased by 0.3%.