The government projects VAT revenue to grow by 5.3% in 2027 compared to the 2026 estimate, driven primarily by expected growth in private consumption.
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Portugal expects to produce over 175,000 tons of olive oil in 2026, driven by new intensive olive groves in the Alentejo region. Several producers are offering olive-harvest tourism programs through December, including visits to mills and tasting experiences, with prices ranging from 5 to 95 euros depending on the venue and activities.
Tourism sector revenue reached 5.1 billion euros in the first eight months of 2026, a 5.1% increase compared to the same period in 2025. Overnight stays reached 57.3 million, with international tourist stays showing a growth acceleration of 1.9% in August compared to 0.8% in July.
Madeira's airports recorded 606,200 passengers in August 2026, a 3.7% increase compared to August 2025. Aircraft occupancy reached 91.9%, with international traffic representing the majority of movements at Madeira Airport, while domestic traffic remained dominant at Porto Santo Airport.