Gross residential mortgage lending in Portugal Q2 2014-Q4 2023

Published by Beatriz Luz, May 3, 2024
There was a significant increase in the gross residential mortgage lending in Portugal since 2014. In the second quarter of 2022, it reached 4.22 billion euros. In the following quarter, lending decreased, which had to do with the worsening economic conditions and rising interest rates. Compared to other European countries, Portugal's gross residential mortgage lending is on the lower side. As of the fourth quarter of 2023, there were over six billion euros in gross residential mortgage lending, this indicator being increasing.

Gross residential mortgage lending in Portugal from 2nd quarter 2014 to 4th quarter 2023 (in billion euros)

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Release date

2024

Region

Portugal

Survey time period

Q2 2014 to Q4 2023

Supplementary notes

Further information from the source: "Note: Not seasonably-adjusted data. Please note that (for those countries outside the Eurozone) the conversion to euros is based on the bilateral exchange rate at the end of the period (provided by the ECB)."

Data prior to 4th quarter 2021 was collected from previous reports.

Release date is the date of access.

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