Gross domestic product (GDP) and Gross value added (GVA) in volume in Portugal
Portugal: Gross domestic product (GDP) and Gross value added (GVA) in volume was 118.4 Index, 2020=100 in 2024. ▲ Rising
Latest (2024)
118.4 Index, 2020=100
Change on year
up 2.0%
World rank
12th
of 45 countries
All-time high
118.4 Index, 2020=100
in 2024
All-time low
93.1 Index, 2020=100
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Portugal, 2000–2024
Source: Eurostat. Measured in Index, 2020=100.
Analysis
Portugal recorded 118.4 Index, 2020=100 for gross domestic product (gdp) and gross value added (gva) in volume by in 2024. That is the highest value across all 25 years on record.
The figure is up 2.0% on the previous year and up 22.9% over ten years.
Over the whole period, gross domestic product (gdp) and gross value added (gva) in volume by in Portugal peaked at 118.4 Index, 2020=100 in 2024 and was at its lowest, 93.1 Index, 2020=100, in 2000.
Portugal ranks 12th of 45 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) and Gross value added (GVA) in volume in Portugal, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 93.1 Index, 2020=100 | — |
| 2001 | 95.2 Index, 2020=100 | +2.3% |
| 2002 | 95.8 Index, 2020=100 | +0.6% |
| 2003 | 95 Index, 2020=100 | -0.8% |
| 2004 | 96.6 Index, 2020=100 | +1.7% |
| 2005 | 97.1 Index, 2020=100 | +0.5% |
| 2006 | 98.6 Index, 2020=100 | +1.5% |
| 2007 | 101.4 Index, 2020=100 | +2.8% |
| 2008 | 102.1 Index, 2020=100 | +0.7% |
| 2009 | 99.4 Index, 2020=100 | -2.6% |
| 2010 | 100.9 Index, 2020=100 | +1.5% |
| 2011 | 99.9 Index, 2020=100 | -1.0% |
| 2012 | 96.7 Index, 2020=100 | -3.2% |
| 2013 | 96.1 Index, 2020=100 | -0.6% |
| 2014 | 96.3 Index, 2020=100 | +0.2% |
| 2015 | 97.7 Index, 2020=100 | +1.5% |
| 2016 | 99.3 Index, 2020=100 | +1.6% |
| 2017 | 102.5 Index, 2020=100 | +3.2% |
| 2018 | 105.4 Index, 2020=100 | +2.8% |
| 2019 | 108.3 Index, 2020=100 | +2.8% |
| 2020 | 100 Index, 2020=100 | -7.7% |
| 2021 | 105.3 Index, 2020=100 | +5.3% |
| 2022 | 112.6 Index, 2020=100 | +6.9% |
| 2023 | 116.1 Index, 2020=100 | +3.1% |
| 2024 | 118.4 Index, 2020=100 | +2.0% |
Portugal compared with similar countries
- Portugal's 118.4 Index, 2020=100 is above the median for Europe & Central Asia, which is 113.3 Index, 2020=100, 1.0× the median. (31 countries reporting)
- Portugal's 118.4 Index, 2020=100 is above the median for high income countries, which is 113.3 Index, 2020=100, 1.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 97.43 Index, 2020=100 | 93.1 Index, 2020=100 | 102.1 Index, 2020=100 | 10 |
| 2010s | 100.31 Index, 2020=100 | 96.1 Index, 2020=100 | 108.3 Index, 2020=100 | 10 |
| 2020s | 110.48 Index, 2020=100 | 100 Index, 2020=100 | 118.4 Index, 2020=100 | 5 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Real gdp growth, annual growth rate -28.55 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 357.11 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0135 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 260.76 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.8183 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) and gross value added (gva) in volume by in Portugal?
- Gross domestic product (gdp) and gross value added (gva) in volume by in Portugal was 118.4 Index, 2020=100 in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Portugal?
- The highest recorded value was 118.4 Index, 2020=100 in 2024.
- What is the lowest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Portugal?
- The lowest recorded value was 93.1 Index, 2020=100 in 2000.
- How does Portugal rank for gross domestic product (gdp) and gross value added (gva) in volume by?
- Portugal ranks 12th out of 45 countries with data for 2024.
- Is gross domestic product (gdp) and gross value added (gva) in volume by rising or falling in Portugal?
- Over the last ten years it is up 22.9%. The long-run trend across the full record is rising.
- Where does this Portugal data come from?
- The figures come from Eurostat, published as part of Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region. Statizoid updates them automatically from the source API.
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