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
56th
of 165 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 56th of 165 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 |
|---|---|---|---|---|
| 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
- 53 Ukraine 309.17 billion international-$ in 2011 prices compare
- 55 Denmark 299.43 billion international-$ in 2011 prices compare
- 57 Myanmar 291.02 billion international-$ in 2011 prices compare
- 58 Hungary 285.38 billion international-$ in 2011 prices compare
- 59 Ethiopia 269.98 billion international-$ in 2011 prices compare
More economy & growth data for Portugal
- External balance on goods and services as a percent of GDP 0.9% (2025)
- Inflation of consumer prices 2.3% (2025)
- GDP per capita 22,851 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.3% (2025)
- Gross domestic product (GDP) 246.90 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 22,851 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.45 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.15 billion current US$ (2025)
- Taxes less subsidies on products 40.57 billion current LCU (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 56th out of 165 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.