Portugal’s economy continues to accelerate after trade turnover saw a healthy increase in October.
The revelations will fuel the nation’s popularity with investors who continue to see the country’s huge economic potential.
The latest figures from Statistics Portugal – the national office for statistics – reveal trade turnover recorded a year-on-year increase of 4.6% in October.
That’s up 1.4 percentage points on September.
Retail trade turnover rose by 4.5% - continuing the 5.3% growth in September.
Statistics Portugal also added: “Wholesale trade recorded an acceleration of 2.8 percentage points from the previous period, resulting in a year-on-year growth rate of 4.6%.”
It comes hot on the heels of GDP (gross domestic product) recording a year-on-year rate change of 2.4% for the third quarter of 2025.
That was 0.6 percentage points higher than the previous quarter – an increase of 0.8%.
Paul Stannard, founder and chairman of Portugal Pathways and Portugal Investment Owners Club, said: “These figures underline the country’s continued growth and why it remains so popular with international investors.
“When you compare its GDP growth to, say the UK – which saw Portugal increase by 0.8% and the UK by just 0.1% – it underscores why so many people are looking to invest here.
“The economic mood is positive and that’s what international investors want to see.
“And, of course, many want to take advantage of the likes of the Golden Visa residency-by-investment scheme in Portugal.”
Portugal Golden Visa holders gain freedom of movement across the 29 EU Schengen region countries, a pathway to dual citizenship and an EU passport after the qualifying period, and a minimal residency requirement of just seven days per year.
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