GDP (current LCU) (UNICEF) in Portugal
Portugal: GDP (current LCU) (UNICEF) was 289.43 billion in 2024. ◆ Volatile
Latest (2024)
289.43 billion
Change on year
up 7.1%
World rank
43rd
of 74 countries
All-time high
289.43 billion
in 2024
All-time low
474.72 million
in 1960
Years of data
65
1960–2024
GDP in Portugal, 1960–2024
Source: UNICEF.
Analysis
The most recent figure for gdp in Portugal is 289.43 billion, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 7.1% on the previous year and up 67.1% over ten years.
Over the whole period, gdp in Portugal peaked at 289.43 billion in 2024 and was at its lowest, 474.72 million, in 1960.
That places Portugal 43rd out of 74 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNICEF) in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 474.72 million | — |
| 1961 | 508.07 million | +7.0% |
| 1962 | 545.34 million | +7.3% |
| 1963 | 580.65 million | +6.5% |
| 1964 | 629.69 million | +8.4% |
| 1965 | 702.93 million | +11.6% |
| 1966 | 770.10 million | +9.6% |
| 1967 | 860.80 million | +11.8% |
| 1968 | 952.88 million | +10.7% |
| 1969 | 1.05 billion | +9.7% |
| 1970 | 1.16 billion | +11.3% |
| 1971 | 1.30 billion | +12.0% |
| 1972 | 1.52 billion | +16.4% |
| 1973 | 1.85 billion | +21.7% |
| 1974 | 2.22 billion | +20.2% |
| 1975 | 2.47 billion | +11.2% |
| 1976 | 3.07 billion | +24.3% |
| 1977 | 4.09 billion | +33.5% |
| 1978 | 5.15 billion | +25.8% |
| 1979 | 6.50 billion | +26.2% |
| 1980 | 8.21 billion | +26.5% |
| 1981 | 9.82 billion | +19.5% |
| 1982 | 12.10 billion | +23.3% |
| 1983 | 15.05 billion | +24.4% |
| 1984 | 18.41 billion | +22.3% |
| 1985 | 23.05 billion | +25.2% |
| 1986 | 28.91 billion | +25.4% |
| 1987 | 33.86 billion | +17.1% |
| 1988 | 40.46 billion | +19.5% |
| 1989 | 47.59 billion | +17.6% |
| 1990 | 55.97 billion | +17.6% |
| 1991 | 64.31 billion | +14.9% |
| 1992 | 72.45 billion | +12.7% |
| 1993 | 76.21 billion | +5.2% |
| 1994 | 82.54 billion | +8.3% |
| 1995 | 89.03 billion | +7.9% |
| 1996 | 94.35 billion | +6.0% |
| 1997 | 102.33 billion | +8.5% |
| 1998 | 111.35 billion | +8.8% |
| 1999 | 119.60 billion | +7.4% |
| 2000 | 128.41 billion | +7.4% |
| 2001 | 135.78 billion | +5.7% |
| 2002 | 142.55 billion | +5.0% |
| 2003 | 146.07 billion | +2.5% |
| 2004 | 152.25 billion | +4.2% |
| 2005 | 158.55 billion | +4.1% |
| 2006 | 166.26 billion | +4.9% |
| 2007 | 175.48 billion | +5.5% |
| 2008 | 179.10 billion | +2.1% |
| 2009 | 175.42 billion | -2.1% |
| 2010 | 179.86 billion | +2.5% |
| 2011 | 176.32 billion | -2.0% |
| 2012 | 168.54 billion | -4.4% |
| 2013 | 170.68 billion | +1.3% |
| 2014 | 173.19 billion | +1.5% |
| 2015 | 179.39 billion | +3.6% |
| 2016 | 186.38 billion | +3.9% |
| 2017 | 195.51 billion | +4.9% |
| 2018 | 205.00 billion | +4.9% |
| 2019 | 214.49 billion | +4.6% |
| 2020 | 201.03 billion | -6.3% |
| 2021 | 216.49 billion | +7.7% |
| 2022 | 243.96 billion | +12.7% |
| 2023 | 270.35 billion | +10.8% |
| 2024 | 289.43 billion | +7.1% |
Portugal compared with similar countries
- Portugal's 289.43 billion is below the median for high income countries, which is 528.44 billion, 55% of the median. (42 countries reporting)
- Portugal's 289.43 billion is below the median for Europe & Central Asia, which is 591.53 billion, 49% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 707.02 million | 474.72 million | 1.05 billion | 10 |
| 1970s | 2.93 billion | 1.16 billion | 6.50 billion | 10 |
| 1980s | 23.75 billion | 8.21 billion | 47.59 billion | 10 |
| 1990s | 86.82 billion | 55.97 billion | 119.60 billion | 10 |
| 2000s | 155.99 billion | 128.41 billion | 179.10 billion | 10 |
| 2010s | 184.94 billion | 168.54 billion | 214.49 billion | 10 |
| 2020s | 244.25 billion | 201.03 billion | 289.43 billion | 5 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Real gdp growth, annual growth rate -28.55 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 357.11 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0135 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 260.76 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.8183 % change on previous year (2025)
Frequently asked questions
- What is gdp in Portugal?
- Gdp in Portugal was 289.43 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Portugal?
- The highest recorded value was 289.43 billion in 2024.
- What is the lowest gdp recorded in Portugal?
- The lowest recorded value was 474.72 million in 1960.
- How does Portugal rank for gdp?
- Portugal ranks 43rd out of 74 countries with data for 2024.
- Is gdp rising or falling in Portugal?
- Over the last ten years it is up 67.1%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under UNICEF Terms of Use (attribution required).