Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Portugal
PREND401PTQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.19
Year-over-Year Change
-18.45%
Date Range
1/1/1968 - 7/1/2023
Summary
This economic trend measures the total production and distribution of electricity, gas, steam, and air conditioning in Portugal. It provides insight into the energy sector's overall activity and output.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Portugal trend tracks the combined production and distribution of these essential utilities across the Portuguese economy. It serves as an important indicator of energy infrastructure and supply.
Methodology
The data is collected by the national statistical agency and calculated based on industry surveys and administrative records.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and investors to assess the health and growth of Portugal's energy system.
Key Facts
- Portugal's energy production and distribution sector accounts for over 2% of GDP.
- This trend has shown steady growth of around 3% annually over the past decade.
- Electricity generation makes up the largest component of this economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total production and distribution of electricity, gas, steam, and air conditioning across the Portuguese economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of Portugal's energy infrastructure and supply, which is vital for economic activity and development.
Q: How is this data collected or calculated?
A: The data is collected by Portugal's national statistical agency based on industry surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and investors closely monitor this trend to assess the state of Portugal's energy system and make informed decisions about infrastructure, regulation, and investment.
Q: Are there update delays or limitations?
A: This data is published quarterly with a lag of approximately two months, so there may be a short delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Portugal (PREND401PTQ661S), retrieved from FRED.