Gross domestic product (GDP) and Gross value added (GVA) in volume by in Portugal

Portugal: Gross domestic product (GDP) and Gross value added (GVA) in volume by was 118.4 Index, 2020=100 in 2024. ▲ Rising

Latest (2024)
118.4 Index, 2020=100
Change on year
up 2.0%
World rank
11th
of 43 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

02550751001252000201220242000: 93.1 Index, 2020=1002001: 95.2 Index, 2020=1002002: 95.8 Index, 2020=1002003: 95 Index, 2020=1002004: 96.6 Index, 2020=1002005: 97.1 Index, 2020=1002006: 98.6 Index, 2020=1002007: 101.4 Index, 2020=1002008: 102.1 Index, 2020=1002009: 99.4 Index, 2020=1002010: 100.9 Index, 2020=1002011: 99.9 Index, 2020=1002012: 96.7 Index, 2020=1002013: 96.1 Index, 2020=1002014: 96.3 Index, 2020=1002015: 97.7 Index, 2020=1002016: 99.3 Index, 2020=1002017: 102.5 Index, 2020=1002018: 105.4 Index, 2020=1002019: 108.3 Index, 2020=1002020: 100 Index, 2020=1002021: 105.3 Index, 2020=1002022: 112.6 Index, 2020=1002023: 116.1 Index, 2020=1002024: 118.4 Index, 2020=100

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 11th of 43 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 by in Portugal, year by year

Annual values for Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region in Portugal, 2000 to 2024.
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 high income countries, which is 113.3 Index, 2020=100, 1.0× the median. (28 countries reporting)
  • 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)

Averages by decade

DecadeAverage LowestHighest 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

  1. 8 Spain 121.2 Index, 2020=100 compare
  2. 9 Serbia 120.4 Index, 2020=100 compare
  3. 10 Bulgaria 118.6 Index, 2020=100 compare
  4. 12 Greece 118.1 Index, 2020=100 compare
  5. 13 Albania 118 Index, 2020=100 compare
  6. 14 Poland 116.3 Index, 2020=100 compare
  7. 14 Poland 116.3 Index, 2020=100 compare

See the full ranking of 362 places →

More economy & growth data for Portugal

All data for Portugal →

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 11th out of 43 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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Gross domestic product (GDP) and Gross value added (GVA) in volume by in Portugal. Statizoid, drawing on Eurostat. Retrieved 16 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-and-gross-value-added-gva-in-volume-by-nuts-2-region/portugal/

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About this data

Indicator
Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region
Unit
Index, 2020=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
362 places, 8,983 data points, 2000–2024
Last refreshed