FX.co ★ Portugal’s Economy Stalls Again as Q1 GDP Records Zero Growth Quarter-on-Quarter

Portugal’s gross domestic product showed no growth in the first quarter of 2026, with quarter-on-quarter GDP remaining flat at 0.0%, according to data updated on 29 May 2026. The latest figure matches the previous quarter’s performance, indicating that the economy has now logged back-to-back quarters of zero quarterly growth.

On a quarter-over-quarter basis, the current reading compares the first quarter of 2026 to the final quarter of 2025, while the previous 0.0% figure reflected the change from the third to the fourth quarter of 2025. The repeat of a 0.0% outcome underscores a period of stagnation for Portugal’s economy, with momentum neither improving nor deteriorating over the past two quarters. Investors and policymakers will be closely watching upcoming data releases for signs of either a rebound or a potential slide into contraction.