Gross domestic product (GDP) in Portugal
Portugal: Gross domestic product (GDP) was 382.11 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Portugal, 1950–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Portugal stood at 382.11 billion international-$ in 2021 prices. That is the highest value across all 74 years on record.
That represents a change of up 2.5% on the previous year and up 21.5% over ten years.
Over the whole period, gross domestic product (gdp) in Portugal peaked at 382.11 billion international-$ in 2021 prices in 2023 and was at its lowest, 26.79 billion international-$ in 2021 prices, in 1950.
That places Portugal 56th out of 184 countries with data for 2023, putting it 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 |
|---|---|---|---|---|
| 1950s | 34.51 billion international-$ in 2021 prices | 26.79 billion international-$ in 2021 prices | 41.07 billion international-$ in 2021 prices | 10 |
| 1960s | 57.79 billion international-$ in 2021 prices | 43.96 billion international-$ in 2021 prices | 75.36 billion international-$ in 2021 prices | 10 |
| 1970s | 102.85 billion international-$ in 2021 prices | 80.78 billion international-$ in 2021 prices | 121.06 billion international-$ in 2021 prices | 10 |
| 1980s | 132.00 billion international-$ in 2021 prices | 117.71 billion international-$ in 2021 prices | 161.83 billion international-$ in 2021 prices | 10 |
| 1990s | 206.44 billion international-$ in 2021 prices | 171.36 billion international-$ in 2021 prices | 254.61 billion international-$ in 2021 prices | 10 |
| 2000s | 291.60 billion international-$ in 2021 prices | 267.85 billion international-$ in 2021 prices | 319.43 billion international-$ in 2021 prices | 10 |
| 2010s | 332.36 billion international-$ in 2021 prices | 314.56 billion international-$ in 2021 prices | 365.60 billion international-$ in 2021 prices | 10 |
| 2020s | 359.45 billion international-$ in 2021 prices | 335.42 billion international-$ in 2021 prices | 382.11 billion international-$ in 2021 prices | 4 |
Countries ranked near Portugal
- 53 Ethiopia 406.07 billion international-$ in 2021 prices compare
- 54 Myanmar 396.32 billion international-$ in 2021 prices compare
- 55 Denmark 392.00 billion international-$ in 2021 prices compare
- 57 Greece 351.55 billion international-$ in 2021 prices compare
- 58 Uzbekistan 349.17 billion international-$ in 2021 prices compare
- 59 Qatar 347.97 billion international-$ in 2021 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 382.11 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Portugal?
- The highest recorded value was 382.11 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Portugal?
- The lowest recorded value was 26.79 billion international-$ in 2021 prices in 1950.
- How does Portugal rank for gross domestic product (gdp)?
- Portugal ranks 56th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Portugal?
- Over the last ten years it is up 21.5%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – 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.