The value of loans in Portugal increased 0.60 percent in June of 2019 over the same month in the previous year. Loan Growth in Portugal averaged 10.95 percent from 1980 until 2019, reaching an all time high of 31.80 percent in August of 1981 and a record low of -5.60 percent in November of 2012.
Loan Growth in Portugal is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Portugal to stand at 1.50 in 12 months time. In the long-term, the Portugal Loan Growth YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.