Gross capital formation in Portugal
Portugal: Gross capital formation was 72.92 billion current US$ in 2025. ◆ Volatile
Gross capital formation in Portugal, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Portugal recorded 72.92 billion current US$ for gross capital formation in 2025. That is the highest value across all 56 years on record.
That represents a change of up 14.3% on the previous year and up 129.9% over ten years.
Over the whole period, gross capital formation in Portugal peaked at 72.92 billion current US$ in 2025 and was at its lowest, 2.28 billion current US$, in 1970.
Portugal ranks 45th of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Portugal, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.28 billion current US$ | — |
| 1971 | 2.40 billion current US$ | +5.6% |
| 1972 | 3.23 billion current US$ | +34.4% |
| 1973 | 4.72 billion current US$ | +46.1% |
| 1974 | 5.19 billion current US$ | +10.1% |
| 1975 | 3.76 billion current US$ | -27.5% |
| 1976 | 5.04 billion current US$ | +33.9% |
| 1977 | 6.46 billion current US$ | +28.2% |
| 1978 | 7.43 billion current US$ | +15.0% |
| 1979 | 8.15 billion current US$ | +9.7% |
| 1980 | 11.19 billion current US$ | +37.4% |
| 1981 | 11.46 billion current US$ | +2.4% |
| 1982 | 10.80 billion current US$ | -5.8% |
| 1983 | 7.99 billion current US$ | -26.0% |
| 1984 | 5.81 billion current US$ | -27.2% |
| 1985 | 5.80 billion current US$ | -0.2% |
| 1986 | 8.98 billion current US$ | +54.7% |
| 1987 | 13.19 billion current US$ | +46.9% |
| 1988 | 17.17 billion current US$ | +30.2% |
| 1989 | 17.14 billion current US$ | -0.1% |
| 1990 | 21.82 billion current US$ | +27.3% |
| 1991 | 22.97 billion current US$ | +5.3% |
| 1992 | 26.84 billion current US$ | +16.9% |
| 1993 | 21.04 billion current US$ | -21.6% |
| 1994 | 22.88 billion current US$ | +8.7% |
| 1995 | 28.58 billion current US$ | +24.9% |
| 1996 | 29.93 billion current US$ | +4.7% |
| 1997 | 31.04 billion current US$ | +3.7% |
| 1998 | 35.10 billion current US$ | +13.1% |
| 1999 | 37.00 billion current US$ | +5.4% |
| 2000 | 34.13 billion current US$ | -7.8% |
| 2001 | 34.24 billion current US$ | +0.3% |
| 2002 | 34.92 billion current US$ | +2.0% |
| 2003 | 38.19 billion current US$ | +9.4% |
| 2004 | 45.12 billion current US$ | +18.1% |
| 2005 | 46.08 billion current US$ | +2.1% |
| 2006 | 47.86 billion current US$ | +3.9% |
| 2007 | 55.55 billion current US$ | +16.1% |
| 2008 | 62.11 billion current US$ | +11.8% |
| 2009 | 50.99 billion current US$ | -17.9% |
| 2010 | 50.55 billion current US$ | -0.9% |
| 2011 | 45.80 billion current US$ | -9.4% |
| 2012 | 34.11 billion current US$ | -25.5% |
| 2013 | 33.28 billion current US$ | -2.4% |
| 2014 | 35.30 billion current US$ | +6.1% |
| 2015 | 31.72 billion current US$ | -10.1% |
| 2016 | 33.07 billion current US$ | +4.2% |
| 2017 | 38.53 billion current US$ | +16.5% |
| 2018 | 44.85 billion current US$ | +16.4% |
| 2019 | 45.07 billion current US$ | +0.5% |
| 2020 | 44.59 billion current US$ | -1.1% |
| 2021 | 53.60 billion current US$ | +20.2% |
| 2022 | 54.91 billion current US$ | +2.4% |
| 2023 | 59.92 billion current US$ | +9.1% |
| 2024 | 63.80 billion current US$ | +6.5% |
| 2025 | 72.92 billion current US$ | +14.3% |
Portugal compared with similar countries
- Portugal's 72.92 billion current US$ is above the median for high income countries, which is 48.39 billion current US$, 1.5× the median. (67 countries reporting)
- Portugal's 72.92 billion current US$ is above the median for Europe & Central Asia, which is 29.72 billion current US$, 2.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.87 billion current US$ | 2.28 billion current US$ | 8.15 billion current US$ | 10 |
| 1980s | 10.95 billion current US$ | 5.80 billion current US$ | 17.17 billion current US$ | 10 |
| 1990s | 27.72 billion current US$ | 21.04 billion current US$ | 37.00 billion current US$ | 10 |
| 2000s | 44.92 billion current US$ | 34.13 billion current US$ | 62.11 billion current US$ | 10 |
| 2010s | 39.23 billion current US$ | 31.72 billion current US$ | 50.55 billion current US$ | 10 |
| 2020s | 58.29 billion current US$ | 44.59 billion current US$ | 72.92 billion current US$ | 6 |
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$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Portugal?
- Gross capital formation in Portugal was 72.92 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Portugal?
- The highest recorded value was 72.92 billion current US$ in 2025.
- What is the lowest gross capital formation recorded in Portugal?
- The lowest recorded value was 2.28 billion current US$ in 1970.
- How does Portugal rank for gross capital formation?
- Portugal ranks 45th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Portugal?
- Over the last ten years it is up 129.9%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.