Annual gdp growth in Portugal
Portugal: Annual gdp growth was 2.53 in 2023. β Volatile
Latest (2023)
2.53
Change on year
down 63.8%
World rank
118th
of 211 countries
All-time high
6.99
in 2022
All-time low
-8.2
in 2020
Years of data
24
2000β2023
Annual gdp growth in Portugal, 2000β2023
Source: Our World in Data.
Analysis
Portugal recorded 2.53 for annual gdp growth in 2023.
Compared with earlier readings it is down 63.8% on the previous year and up 358.2% over ten years.
Over the whole period, annual gdp growth in Portugal peaked at 6.99 in 2022 and was at its lowest, -8.2, in 2020.
Portugal ranks 118th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.951 | -3.12 | 3.82 | 10 |
| 2010s | 0.834 | -4.05 | 3.31 | 10 |
| 2020s | 1.72 | -8.2 | 6.99 | 4 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0041 (1998)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 241.94 (1998)
- Domestic currency per US dollar (End-of-period (EoP)) 171.83 (1998)
- US dollar per domestic currency (End-of-period (EoP)) 0.0058 (1998)
- Gdp worldbank constant usd, annual growth rate 1.86 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7123 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 22,851 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Portugal?
- Annual gdp growth in Portugal was 2.53 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Portugal?
- The highest recorded value was 6.99 in 2022.
- What is the lowest annual gdp growth recorded in Portugal?
- The lowest recorded value was -8.2 in 2020.
- How does Portugal rank for annual gdp growth?
- Portugal ranks 118th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Portugal?
- Over the last ten years it is up 358.2%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).