Gross capital formation in Portugal
Portugal: Gross capital formation was 21.0% in 2025. ▼ Falling
Gross capital formation in Portugal, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross capital formation in Portugal is 21.0%, measured in 2025.
The figure is up 3.4% on the previous year and up 32.0% over ten years.
Over the whole period, gross capital formation in Portugal peaked at 35.8% in 1981 and was at its lowest, 14.7%, in 2013.
That places Portugal 120th out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Gross capital formation in Portugal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 28.1% | — |
| 1971 | 26.1% | -7.0% |
| 1972 | 28.7% | +10.1% |
| 1973 | 31.3% | +8.8% |
| 1974 | 29.7% | -5.2% |
| 1975 | 19.5% | -34.4% |
| 1976 | 24.8% | +27.4% |
| 1977 | 30.1% | +21.6% |
| 1978 | 31.6% | +5.0% |
| 1979 | 30.6% | -3.2% |
| 1980 | 34.0% | +11.2% |
| 1981 | 35.8% | +5.4% |
| 1982 | 35.4% | -1.3% |
| 1983 | 29.3% | -17.1% |
| 1984 | 23.1% | -21.4% |
| 1985 | 21.4% | -7.2% |
| 1986 | 23.2% | +8.3% |
| 1987 | 27.4% | +18.2% |
| 1988 | 30.5% | +11.3% |
| 1989 | 28.3% | -7.1% |
| 1990 | 27.7% | -2.0% |
| 1991 | 25.7% | -7.2% |
| 1992 | 24.9% | -3.1% |
| 1993 | 22.1% | -11.2% |
| 1994 | 23.0% | +3.6% |
| 1995 | 24.2% | +5.4% |
| 1996 | 24.4% | +0.9% |
| 1997 | 26.5% | +8.7% |
| 1998 | 28.3% | +6.8% |
| 1999 | 29.0% | +2.5% |
| 2000 | 28.8% | -0.9% |
| 2001 | 28.2% | -2.2% |
| 2002 | 25.9% | -8.0% |
| 2003 | 23.1% | -10.8% |
| 2004 | 23.8% | +3.1% |
| 2005 | 23.4% | -2.0% |
| 2006 | 22.9% | -1.9% |
| 2007 | 23.1% | +0.8% |
| 2008 | 23.6% | +2.1% |
| 2009 | 20.8% | -11.6% |
| 2010 | 21.2% | +1.7% |
| 2011 | 18.7% | -12.0% |
| 2012 | 15.8% | -15.6% |
| 2013 | 14.7% | -6.8% |
| 2014 | 15.3% | +4.5% |
| 2015 | 15.9% | +3.9% |
| 2016 | 16.0% | +0.6% |
| 2017 | 17.4% | +8.8% |
| 2018 | 18.5% | +6.2% |
| 2019 | 18.8% | +1.3% |
| 2020 | 19.4% | +3.5% |
| 2021 | 20.9% | +7.8% |
| 2022 | 21.4% | +2.1% |
| 2023 | 20.5% | -4.1% |
| 2024 | 20.3% | -0.8% |
| 2025 | 21.0% | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.0% | 19.5% | 31.6% | 10 |
| 1980s | 28.8% | 21.4% | 35.8% | 10 |
| 1990s | 25.6% | 22.1% | 29.0% | 10 |
| 2000s | 24.4% | 20.8% | 28.8% | 10 |
| 2010s | 17.2% | 14.7% | 21.2% | 10 |
| 2020s | 20.6% | 19.4% | 21.4% | 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)
- Total reserves minus gold (current US$), annual growth rate 46.17 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0436 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,398 current US$ per person (2025)
- General government final consumption expenditure (current US$) 11.82 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1705 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 5,470 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 7.11 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1509 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Portugal?
- Gross capital formation in Portugal was 21.0% 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 35.8% in 1981.
- What is the lowest gross capital formation recorded in Portugal?
- The lowest recorded value was 14.7% in 2013.
- How does Portugal rank for gross capital formation?
- Portugal ranks 120th 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 32.0%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.