Miguel Gouveia: "The GDP Has Grown. Our Incomes Not so Much"

Miguel Gouveia: "The GDP has grown. Our income, not so much" admin Fri, 05/30/2025 - 16:46 Despite having fallen 0.5% in the first quarter, the Gross Domestic Product (GDP) has been growing reasonably in recent years. Why has GDP grown in Portugal? The most common explanation is that substantial increases in immigration led to population growth and, above all, an expansion of aggregate employment. The increase in GDP results from these positive …