Gross domestic product (GDP) in Portugal
Portugal: Gross domestic product (GDP) was 295.71 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
295.71 billion international-$ in 2011 prices
Change on year
up 6.7%
World rank
57th
of 166 countries
All-time high
295.71 billion international-$ in 2011 prices
in 2022
All-time low
1.38 billion international-$ in 2011 prices
in 1600
Years of data
193
1600–2022
Gross domestic product (GDP) in Portugal, 1600–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gross domestic product (gdp) in Portugal stood at 295.71 billion international-$ in 2011 prices. That is the highest value across all 193 years on record.
Compared with earlier readings it is up 6.7% on the previous year and up 17.0% over ten years.
Over the whole period, gross domestic product (gdp) in Portugal peaked at 295.71 billion international-$ in 2011 prices in 2022 and was at its lowest, 1.38 billion international-$ in 2011 prices, in 1600.
Portugal ranks 57th of 166 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.
Gross domestic product (GDP) in Portugal, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1600 | 1.38 billion international-$ in 2011 prices | — |
| 1700 | 3.14 billion international-$ in 2011 prices | +127.1% |
| 1820 | 5.49 billion international-$ in 2011 prices | +74.6% |
| 1821 | 5.47 billion international-$ in 2011 prices | -0.5% |
| 1822 | 5.46 billion international-$ in 2011 prices | -0.1% |
| 1823 | 5.38 billion international-$ in 2011 prices | -1.4% |
| 1824 | 5.19 billion international-$ in 2011 prices | -3.7% |
| 1825 | 5.10 billion international-$ in 2011 prices | -1.7% |
| 1826 | 5.32 billion international-$ in 2011 prices | +4.3% |
| 1827 | 5.07 billion international-$ in 2011 prices | -4.7% |
| 1828 | 5.14 billion international-$ in 2011 prices | +1.5% |
| 1829 | 5.72 billion international-$ in 2011 prices | +11.1% |
| 1830 | 6.01 billion international-$ in 2011 prices | +5.1% |
| 1831 | 5.63 billion international-$ in 2011 prices | -6.3% |
| 1832 | 5.39 billion international-$ in 2011 prices | -4.3% |
| 1833 | 5.05 billion international-$ in 2011 prices | -6.3% |
| 1834 | 5.09 billion international-$ in 2011 prices | +0.9% |
| 1835 | 5.19 billion international-$ in 2011 prices | +1.9% |
| 1836 | 5.18 billion international-$ in 2011 prices | -0.3% |
| 1837 | 5.72 billion international-$ in 2011 prices | +10.6% |
| 1838 | 5.82 billion international-$ in 2011 prices | +1.7% |
| 1839 | 6.00 billion international-$ in 2011 prices | +3.0% |
| 1840 | 5.57 billion international-$ in 2011 prices | -7.2% |
| 1841 | 5.48 billion international-$ in 2011 prices | -1.6% |
| 1842 | 5.66 billion international-$ in 2011 prices | +3.3% |
| 1843 | 5.75 billion international-$ in 2011 prices | +1.6% |
| 1844 | 6.13 billion international-$ in 2011 prices | +6.7% |
| 1845 | 6.14 billion international-$ in 2011 prices | +0.2% |
| 1846 | 5.75 billion international-$ in 2011 prices | -6.4% |
| 1847 | 5.33 billion international-$ in 2011 prices | -7.2% |
| 1848 | 5.68 billion international-$ in 2011 prices | +6.5% |
| 1849 | 5.78 billion international-$ in 2011 prices | +1.9% |
| 1850 | 5.61 billion international-$ in 2011 prices | -3.0% |
| 1855 | 5.67 billion international-$ in 2011 prices | +1.0% |
| 1861 | 5.73 billion international-$ in 2011 prices | +1.2% |
| 1865 | 5.97 billion international-$ in 2011 prices | +4.1% |
| 1866 | 6.20 billion international-$ in 2011 prices | +3.9% |
| 1867 | 6.38 billion international-$ in 2011 prices | +2.9% |
| 1868 | 6.44 billion international-$ in 2011 prices | +1.0% |
| 1869 | 6.61 billion international-$ in 2011 prices | +2.7% |
| 1870 | 6.72 billion international-$ in 2011 prices | +1.7% |
| 1871 | 6.47 billion international-$ in 2011 prices | -3.7% |
| 1872 | 6.66 billion international-$ in 2011 prices | +2.9% |
| 1873 | 6.94 billion international-$ in 2011 prices | +4.2% |
| 1874 | 6.82 billion international-$ in 2011 prices | -1.6% |
| 1875 | 6.82 billion international-$ in 2011 prices | -0.1% |
| 1876 | 6.66 billion international-$ in 2011 prices | -2.2% |
| 1877 | 6.97 billion international-$ in 2011 prices | +4.6% |
| 1878 | 6.97 billion international-$ in 2011 prices | +0.1% |
| 1879 | 6.99 billion international-$ in 2011 prices | +0.2% |
| 1880 | 6.96 billion international-$ in 2011 prices | -0.4% |
| 1881 | 7.19 billion international-$ in 2011 prices | +3.3% |
| 1882 | 7.42 billion international-$ in 2011 prices | +3.1% |
| 1883 | 7.60 billion international-$ in 2011 prices | +2.5% |
| 1884 | 7.87 billion international-$ in 2011 prices | +3.4% |
| 1885 | 8.07 billion international-$ in 2011 prices | +2.7% |
| 1886 | 8.51 billion international-$ in 2011 prices | +5.4% |
| 1887 | 8.70 billion international-$ in 2011 prices | +2.2% |
| 1888 | 8.81 billion international-$ in 2011 prices | +1.2% |
| 1889 | 8.64 billion international-$ in 2011 prices | -1.8% |
| 1890 | 9.04 billion international-$ in 2011 prices | +4.6% |
| 1891 | 8.88 billion international-$ in 2011 prices | -1.8% |
| 1892 | 8.85 billion international-$ in 2011 prices | -0.4% |
| 1893 | 9.02 billion international-$ in 2011 prices | +2.0% |
| 1894 | 8.91 billion international-$ in 2011 prices | -1.3% |
| 1895 | 9.28 billion international-$ in 2011 prices | +4.2% |
| 1896 | 9.42 billion international-$ in 2011 prices | +1.4% |
| 1897 | 9.97 billion international-$ in 2011 prices | +5.8% |
| 1898 | 10.31 billion international-$ in 2011 prices | +3.4% |
| 1899 | 10.68 billion international-$ in 2011 prices | +3.6% |
| 1900 | 11.21 billion international-$ in 2011 prices | +5.0% |
| 1901 | 11.02 billion international-$ in 2011 prices | -1.7% |
| 1902 | 11.09 billion international-$ in 2011 prices | +0.6% |
| 1903 | 11.24 billion international-$ in 2011 prices | +1.4% |
| 1904 | 11.40 billion international-$ in 2011 prices | +1.4% |
| 1905 | 11.08 billion international-$ in 2011 prices | -2.8% |
| 1906 | 11.16 billion international-$ in 2011 prices | +0.7% |
| 1907 | 11.42 billion international-$ in 2011 prices | +2.4% |
| 1908 | 11.24 billion international-$ in 2011 prices | -1.6% |
| 1909 | 11.24 billion international-$ in 2011 prices | -0.0% |
| 1910 | 11.52 billion international-$ in 2011 prices | +2.5% |
| 1911 | 11.75 billion international-$ in 2011 prices | +2.1% |
| 1912 | 11.95 billion international-$ in 2011 prices | +1.7% |
| 1913 | 11.90 billion international-$ in 2011 prices | -0.5% |
| 1914 | 11.99 billion international-$ in 2011 prices | +0.8% |
| 1915 | 11.72 billion international-$ in 2011 prices | -2.3% |
| 1916 | 11.79 billion international-$ in 2011 prices | +0.6% |
| 1917 | 11.60 billion international-$ in 2011 prices | -1.6% |
| 1918 | 11.02 billion international-$ in 2011 prices | -5.0% |
| 1919 | 11.26 billion international-$ in 2011 prices | +2.2% |
| 1920 | 11.81 billion international-$ in 2011 prices | +4.9% |
| 1921 | 12.48 billion international-$ in 2011 prices | +5.7% |
| 1922 | 14.01 billion international-$ in 2011 prices | +12.2% |
| 1923 | 14.61 billion international-$ in 2011 prices | +4.3% |
| 1924 | 14.07 billion international-$ in 2011 prices | -3.7% |
| 1925 | 14.70 billion international-$ in 2011 prices | +4.5% |
| 1926 | 14.61 billion international-$ in 2011 prices | -0.7% |
| 1927 | 17.18 billion international-$ in 2011 prices | +17.6% |
| 1928 | 15.51 billion international-$ in 2011 prices | -9.7% |
| 1929 | 17.19 billion international-$ in 2011 prices | +10.9% |
| 1930 | 16.99 billion international-$ in 2011 prices | -1.2% |
| 1931 | 17.86 billion international-$ in 2011 prices | +5.1% |
| 1932 | 18.21 billion international-$ in 2011 prices | +2.0% |
| 1933 | 19.44 billion international-$ in 2011 prices | +6.7% |
| 1934 | 20.27 billion international-$ in 2011 prices | +4.3% |
| 1935 | 19.19 billion international-$ in 2011 prices | -5.3% |
| 1936 | 17.74 billion international-$ in 2011 prices | -7.6% |
| 1937 | 20.72 billion international-$ in 2011 prices | +16.8% |
| 1938 | 20.85 billion international-$ in 2011 prices | +0.7% |
| 1939 | 21.14 billion international-$ in 2011 prices | +1.4% |
| 1940 | 19.76 billion international-$ in 2011 prices | -6.5% |
| 1941 | 21.60 billion international-$ in 2011 prices | +9.4% |
| 1942 | 21.31 billion international-$ in 2011 prices | -1.4% |
| 1943 | 22.73 billion international-$ in 2011 prices | +6.7% |
| 1944 | 24.04 billion international-$ in 2011 prices | +5.7% |
| 1945 | 23.12 billion international-$ in 2011 prices | -3.8% |
| 1946 | 24.92 billion international-$ in 2011 prices | +7.8% |
| 1947 | 27.01 billion international-$ in 2011 prices | +8.4% |
| 1948 | 26.92 billion international-$ in 2011 prices | -0.3% |
| 1949 | 27.31 billion international-$ in 2011 prices | +1.4% |
| 1950 | 28.07 billion international-$ in 2011 prices | +2.8% |
| 1951 | 29.34 billion international-$ in 2011 prices | +4.5% |
| 1952 | 29.37 billion international-$ in 2011 prices | +0.1% |
| 1953 | 31.42 billion international-$ in 2011 prices | +7.0% |
| 1954 | 32.92 billion international-$ in 2011 prices | +4.8% |
| 1955 | 34.29 billion international-$ in 2011 prices | +4.2% |
| 1956 | 35.79 billion international-$ in 2011 prices | +4.4% |
| 1957 | 37.37 billion international-$ in 2011 prices | +4.4% |
| 1958 | 37.86 billion international-$ in 2011 prices | +1.3% |
| 1959 | 39.91 billion international-$ in 2011 prices | +5.4% |
| 1960 | 42.58 billion international-$ in 2011 prices | +6.7% |
| 1961 | 44.90 billion international-$ in 2011 prices | +5.5% |
| 1962 | 47.88 billion international-$ in 2011 prices | +6.6% |
| 1963 | 50.72 billion international-$ in 2011 prices | +5.9% |
| 1964 | 54.06 billion international-$ in 2011 prices | +6.6% |
| 1965 | 58.09 billion international-$ in 2011 prices | +7.4% |
| 1966 | 60.46 billion international-$ in 2011 prices | +4.1% |
| 1967 | 65.02 billion international-$ in 2011 prices | +7.6% |
| 1968 | 70.80 billion international-$ in 2011 prices | +8.9% |
| 1969 | 72.31 billion international-$ in 2011 prices | +2.1% |
| 1970 | 78.90 billion international-$ in 2011 prices | +9.1% |
| 1971 | 84.13 billion international-$ in 2011 prices | +6.6% |
| 1972 | 90.87 billion international-$ in 2011 prices | +8.0% |
| 1973 | 101.05 billion international-$ in 2011 prices | +11.2% |
| 1974 | 102.21 billion international-$ in 2011 prices | +1.1% |
| 1975 | 97.76 billion international-$ in 2011 prices | -4.4% |
| 1976 | 104.50 billion international-$ in 2011 prices | +6.9% |
| 1977 | 110.37 billion international-$ in 2011 prices | +5.6% |
| 1978 | 113.48 billion international-$ in 2011 prices | +2.8% |
| 1979 | 119.86 billion international-$ in 2011 prices | +5.6% |
| 1980 | 125.37 billion international-$ in 2011 prices | +4.6% |
| 1981 | 127.40 billion international-$ in 2011 prices | +1.6% |
| 1982 | 130.13 billion international-$ in 2011 prices | +2.1% |
| 1983 | 129.90 billion international-$ in 2011 prices | -0.2% |
| 1984 | 127.46 billion international-$ in 2011 prices | -1.9% |
| 1985 | 131.04 billion international-$ in 2011 prices | +2.8% |
| 1986 | 136.47 billion international-$ in 2011 prices | +4.1% |
| 1987 | 145.17 billion international-$ in 2011 prices | +6.4% |
| 1988 | 156.04 billion international-$ in 2011 prices | +7.5% |
| 1989 | 164.06 billion international-$ in 2011 prices | +5.1% |
| 1990 | 171.23 billion international-$ in 2011 prices | +4.4% |
| 1991 | 177.61 billion international-$ in 2011 prices | +3.7% |
| 1992 | 183.95 billion international-$ in 2011 prices | +3.6% |
| 1993 | 183.38 billion international-$ in 2011 prices | -0.3% |
| 1994 | 186.79 billion international-$ in 2011 prices | +1.9% |
| 1995 | 191.73 billion international-$ in 2011 prices | +2.6% |
| 1996 | 199.22 billion international-$ in 2011 prices | +3.9% |
| 1997 | 208.85 billion international-$ in 2011 prices | +4.8% |
| 1998 | 219.71 billion international-$ in 2011 prices | +5.2% |
| 1999 | 229.15 billion international-$ in 2011 prices | +4.3% |
| 2000 | 238.76 billion international-$ in 2011 prices | +4.2% |
| 2001 | 244.35 billion international-$ in 2011 prices | +2.3% |
| 2002 | 247.19 billion international-$ in 2011 prices | +1.2% |
| 2003 | 245.85 billion international-$ in 2011 prices | -0.5% |
| 2004 | 251.28 billion international-$ in 2011 prices | +2.2% |
| 2005 | 254.20 billion international-$ in 2011 prices | +1.2% |
| 2006 | 259.16 billion international-$ in 2011 prices | +2.0% |
| 2007 | 266.66 billion international-$ in 2011 prices | +2.9% |
| 2008 | 268.24 billion international-$ in 2011 prices | +0.6% |
| 2009 | 261.27 billion international-$ in 2011 prices | -2.6% |
| 2010 | 267.28 billion international-$ in 2011 prices | +2.3% |
| 2011 | 263.43 billion international-$ in 2011 prices | -1.4% |
| 2012 | 252.74 billion international-$ in 2011 prices | -4.1% |
| 2013 | 250.41 billion international-$ in 2011 prices | -0.9% |
| 2014 | 252.39 billion international-$ in 2011 prices | +0.8% |
| 2015 | 256.91 billion international-$ in 2011 prices | +1.8% |
| 2016 | 262.10 billion international-$ in 2011 prices | +2.0% |
| 2017 | 271.29 billion international-$ in 2011 prices | +3.5% |
| 2018 | 279.02 billion international-$ in 2011 prices | +2.8% |
| 2019 | 286.51 billion international-$ in 2011 prices | +2.7% |
| 2020 | 262.72 billion international-$ in 2011 prices | -8.3% |
| 2021 | 277.18 billion international-$ in 2011 prices | +5.5% |
| 2022 | 295.71 billion international-$ in 2011 prices | +6.7% |
Portugal compared with similar countries
- Portugal's 295.71 billion international-$ in 2011 prices is below the median for high income countries, which is 308.39 billion international-$ in 2011 prices, 96% of the median. (55 countries reporting)
- Portugal's 295.71 billion international-$ in 2011 prices is above the median for Europe & Central Asia, which is 245.02 billion international-$ in 2011 prices, 1.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1700 | +127.1% | 1.38 billion international-$ in 2011 prices | 3.14 billion international-$ in 2011 prices |
| 1820 | +74.6% | 3.14 billion international-$ in 2011 prices | 5.49 billion international-$ in 2011 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1600s | 1.38 billion international-$ in 2011 prices | 1.38 billion international-$ in 2011 prices | 1.38 billion international-$ in 2011 prices | 1 |
| 1700s | 3.14 billion international-$ in 2011 prices | 3.14 billion international-$ in 2011 prices | 3.14 billion international-$ in 2011 prices | 1 |
| 1820s | 5.33 billion international-$ in 2011 prices | 5.07 billion international-$ in 2011 prices | 5.72 billion international-$ in 2011 prices | 10 |
| 1830s | 5.51 billion international-$ in 2011 prices | 5.05 billion international-$ in 2011 prices | 6.01 billion international-$ in 2011 prices | 10 |
| 1840s | 5.73 billion international-$ in 2011 prices | 5.33 billion international-$ in 2011 prices | 6.14 billion international-$ in 2011 prices | 10 |
| 1850s | 5.64 billion international-$ in 2011 prices | 5.61 billion international-$ in 2011 prices | 5.67 billion international-$ in 2011 prices | 2 |
| 1860s | 6.22 billion international-$ in 2011 prices | 5.73 billion international-$ in 2011 prices | 6.61 billion international-$ in 2011 prices | 6 |
| 1870s | 6.80 billion international-$ in 2011 prices | 6.47 billion international-$ in 2011 prices | 6.99 billion international-$ in 2011 prices | 10 |
| 1880s | 7.98 billion international-$ in 2011 prices | 6.96 billion international-$ in 2011 prices | 8.81 billion international-$ in 2011 prices | 10 |
| 1890s | 9.44 billion international-$ in 2011 prices | 8.85 billion international-$ in 2011 prices | 10.68 billion international-$ in 2011 prices | 10 |
| 1900s | 11.21 billion international-$ in 2011 prices | 11.02 billion international-$ in 2011 prices | 11.42 billion international-$ in 2011 prices | 10 |
| 1910s | 11.65 billion international-$ in 2011 prices | 11.02 billion international-$ in 2011 prices | 11.99 billion international-$ in 2011 prices | 10 |
| 1920s | 14.62 billion international-$ in 2011 prices | 11.81 billion international-$ in 2011 prices | 17.19 billion international-$ in 2011 prices | 10 |
| 1930s | 19.24 billion international-$ in 2011 prices | 16.99 billion international-$ in 2011 prices | 21.14 billion international-$ in 2011 prices | 10 |
| 1940s | 23.87 billion international-$ in 2011 prices | 19.76 billion international-$ in 2011 prices | 27.31 billion international-$ in 2011 prices | 10 |
| 1950s | 33.64 billion international-$ in 2011 prices | 28.07 billion international-$ in 2011 prices | 39.91 billion international-$ in 2011 prices | 10 |
| 1960s | 56.68 billion international-$ in 2011 prices | 42.58 billion international-$ in 2011 prices | 72.31 billion international-$ in 2011 prices | 10 |
| 1970s | 100.31 billion international-$ in 2011 prices | 78.90 billion international-$ in 2011 prices | 119.86 billion international-$ in 2011 prices | 10 |
| 1980s | 137.30 billion international-$ in 2011 prices | 125.37 billion international-$ in 2011 prices | 164.06 billion international-$ in 2011 prices | 10 |
| 1990s | 195.16 billion international-$ in 2011 prices | 171.23 billion international-$ in 2011 prices | 229.15 billion international-$ in 2011 prices | 10 |
| 2000s | 253.70 billion international-$ in 2011 prices | 238.76 billion international-$ in 2011 prices | 268.24 billion international-$ in 2011 prices | 10 |
| 2010s | 264.21 billion international-$ in 2011 prices | 250.41 billion international-$ in 2011 prices | 286.51 billion international-$ in 2011 prices | 10 |
| 2020s | 278.54 billion international-$ in 2011 prices | 262.72 billion international-$ in 2011 prices | 295.71 billion international-$ in 2011 prices | 3 |
Countries ranked near Portugal
- 54 Ukraine 309.17 billion international-$ in 2011 prices compare
- 55 Ireland 308.39 billion international-$ in 2011 prices compare
- 56 Denmark 299.43 billion international-$ in 2011 prices compare
- 58 Myanmar 291.02 billion international-$ in 2011 prices compare
- 59 Hungary 285.38 billion international-$ in 2011 prices compare
- 60 Ethiopia 269.98 billion international-$ in 2011 prices compare
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$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Portugal?
- Gross domestic product (gdp) in Portugal was 295.71 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Portugal?
- The highest recorded value was 295.71 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Portugal?
- The lowest recorded value was 1.38 billion international-$ in 2011 prices in 1600.
- How does Portugal rank for gross domestic product (gdp)?
- Portugal ranks 57th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Portugal?
- Over the last ten years it is up 17.0%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.