Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Portugal
PREND401PTA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.53
Year-over-Year Change
-13.02%
Date Range
1/1/1968 - 1/1/2022
Summary
The 'Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Portugal' series measures the total output of the energy production and distribution sector in Portugal. This metric is important for understanding the country's energy landscape and informing policymakers' decisions.
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
This data series tracks the overall volume of electricity, gas, steam, and air conditioning produced and distributed in Portugal. It serves as a key indicator of the energy sector's performance and can provide insights into broader economic trends within the country.
Methodology
The data is collected through surveys of energy producers and distributors in Portugal.
Historical Context
Policymakers and market analysts use this trend to gauge the health and capacity of Portugal's energy infrastructure.
Key Facts
- Portugal's energy production and distribution sector accounts for approximately 3% of its GDP.
- The energy sector employs over 30,000 workers in Portugal.
- Portugal aims to generate 80% of its electricity from renewable sources by 2030.
FAQs
Q: What does this economic trend measure?
A: This series measures the total output of the energy production and distribution sector in Portugal, including electricity, gas, steam, and air conditioning.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the performance and capacity of Portugal's energy infrastructure, which is crucial for understanding the country's economic development and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of energy producers and distributors in Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the health and capacity of Portugal's energy sector, which informs decisions related to infrastructure investment, energy security, and environmental sustainability.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly or quarterly basis, with a short delay for data collection and processing.
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Citation
U.S. Federal Reserve, Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Portugal (PREND401PTA661S), retrieved from FRED.