Average economic size of farms by standard output, farm type and age in Portugal
Portugal: Average economic size of farms by standard output, farm type and age was 8.29 billion Euro in 2023. ▲ Rising
Latest (2023)
8.29 billion Euro
Change on year
up 18.4%
World rank
17th
of 40 countries
All-time high
8.29 billion Euro
in 2023
All-time low
3.68 billion Euro
in 2007
Years of data
7
2005–2023
Average economic size of farms by standard output, farm type and age in Portugal, 2005–2023
Source: Eurostat. Measured in Euro.
Analysis
Portugal recorded 8.29 billion Euro for average economic size of farms by standard output, farm type and age in 2023. That is the highest value across all 7 years on record.
The figure is up 18.4% on the previous year and up 83.8% over ten years.
Over the whole period, average economic size of farms by standard output, farm type and age in Portugal peaked at 8.29 billion Euro in 2023 and was at its lowest, 3.68 billion Euro, in 2007.
That places Portugal 17th out of 40 countries with data for 2023, putting it in the middle of the range.
Average economic size of farms by standard output, farm type and age in Portugal, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 3.91 billion Euro | — |
| 2007 | 3.68 billion Euro | -6.0% |
| 2010 | 4.64 billion Euro | +26.1% |
| 2013 | 4.51 billion Euro | -2.8% |
| 2016 | 5.14 billion Euro | +14.1% |
| 2020 | 7.00 billion Euro | +36.1% |
| 2023 | 8.29 billion Euro | +18.4% |
Portugal compared with similar countries
- Portugal's 8.29 billion Euro is above the median for Europe & Central Asia, which is 7.96 billion Euro, 1.0× the median. (29 countries reporting)
- Portugal's 8.29 billion Euro is above the median for high income countries, which is 7.66 billion Euro, 1.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.80 billion Euro | 3.68 billion Euro | 3.91 billion Euro | 2 |
| 2010s | 4.76 billion Euro | 4.51 billion Euro | 5.14 billion Euro | 3 |
| 2020s | 7.64 billion Euro | 7.00 billion Euro | 8.29 billion Euro | 2 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.84 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0218 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 639.78 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.49 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,261 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is average economic size of farms by standard output, farm type and age in Portugal?
- Average economic size of farms by standard output, farm type and age in Portugal was 8.29 billion Euro in 2023, according to Eurostat.
- What is the highest average economic size of farms by standard output, farm type and age recorded in Portugal?
- The highest recorded value was 8.29 billion Euro in 2023.
- What is the lowest average economic size of farms by standard output, farm type and age recorded in Portugal?
- The lowest recorded value was 3.68 billion Euro in 2007.
- How does Portugal rank for average economic size of farms by standard output, farm type and age?
- Portugal ranks 17th out of 40 countries with data for 2023.
- Is average economic size of farms by standard output, farm type and age rising or falling in Portugal?
- Over the last ten years it is up 83.8%. The long-run trend across the full record is rising.
- Where does this Portugal data come from?
- The figures come from Eurostat, published as part of Average economic size of farms by standard output, farm type and age of farm manager. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Eurostat).