Gross domestic product (GDP), annual growth rate (Bolt) in Portugal

Portugal: Gross domestic product (GDP), annual growth rate (Bolt) was 6.69 % change on previous year in 2022. ◆ Volatile

Latest (2022)
6.69 % change on previous year
Change on year
up 21.5%
World rank
27th
of 166 countries
All-time high
17.59 % change on previous year
in 1927
All-time low
-9.71 % change on previous year
in 1928
Years of data
187
1821–2022

Gross domestic product (GDP), annual growth rate in Portugal, 1821–2022

-1001020182119212022

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2022, gross domestic product (gdp), annual growth rate in Portugal stood at 6.69 % change on previous year.

Compared with earlier readings it is up 21.5% on the previous year and up 264.8% over ten years.

Over the whole period, gross domestic product (gdp), annual growth rate in Portugal peaked at 17.59 % change on previous year in 1927 and was at its lowest, -9.71 % change on previous year, in 1928.

Portugal ranks 27th of 166 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 domestic product (GDP), annual growth rate (Bolt) in Portugal, year by year

Annual values for Gross domestic product (GDP), annual growth rate in Portugal, 1821 to 2022.
Year % change on previous year Change
1821 -0.4699 % change on previous year —
1822 -0.1195 % change on previous year -74.6%
1823 -1.35 % change on previous year +1032.6%
1824 -3.65 % change on previous year +169.8%
1825 -1.73 % change on previous year -52.7%
1826 4.28 % change on previous year -347.3%
1827 -4.68 % change on previous year -209.5%
1828 1.53 % change on previous year -132.7%
1829 11.14 % change on previous year +628.4%
1830 5.07 % change on previous year -54.4%
1831 -6.3 % change on previous year -224.1%
1832 -4.3 % change on previous year -31.7%
1833 -6.32 % change on previous year +46.9%
1834 0.9322 % change on previous year -114.8%
1835 1.92 % change on previous year +106.4%
1836 -0.3016 % change on previous year -115.7%
1837 10.57 % change on previous year -3606.2%
1838 1.69 % change on previous year -84.0%
1839 3.05 % change on previous year +80.2%
1840 -7.2 % change on previous year -336.3%
1841 -1.59 % change on previous year -77.9%
1842 3.32 % change on previous year -308.7%
1843 1.57 % change on previous year -52.8%
1844 6.71 % change on previous year +328.6%
1845 0.1513 % change on previous year -97.7%
1846 -6.43 % change on previous year -4352.7%
1847 -7.23 % change on previous year +12.3%
1848 6.46 % change on previous year -189.5%
1849 1.85 % change on previous year -71.4%
1850 -3 % change on previous year -262.3%
1866 3.85 % change on previous year -228.3%
1867 2.92 % change on previous year -24.1%
1868 0.9905 % change on previous year -66.1%
1869 2.68 % change on previous year +170.5%
1870 1.69 % change on previous year -36.8%
1871 -3.74 % change on previous year -320.6%
1872 2.9 % change on previous year -177.5%
1873 4.17 % change on previous year +43.7%
1874 -1.65 % change on previous year -139.5%
1875 -0.1093 % change on previous year -93.4%
1876 -2.25 % change on previous year +1954.0%
1877 4.6 % change on previous year -304.7%
1878 0.0776 % change on previous year -98.3%
1879 0.2029 % change on previous year +161.3%
1880 -0.4001 % change on previous year -297.2%
1881 3.29 % change on previous year -923.6%
1882 3.14 % change on previous year -4.6%
1883 2.53 % change on previous year -19.4%
1884 3.44 % change on previous year +35.8%
1885 2.66 % change on previous year -22.8%
1886 5.44 % change on previous year +105.0%
1887 2.19 % change on previous year -59.8%
1888 1.22 % change on previous year -44.3%
1889 -1.85 % change on previous year -251.6%
1890 4.59 % change on previous year -348.3%
1891 -1.78 % change on previous year -138.9%
1892 -0.3819 % change on previous year -78.6%
1893 2 % change on previous year -624.6%
1894 -1.29 % change on previous year -164.3%
1895 4.23 % change on previous year -428.0%
1896 1.45 % change on previous year -65.8%
1897 5.84 % change on previous year +303.8%
1898 3.42 % change on previous year -41.3%
1899 3.65 % change on previous year +6.5%
1900 4.96 % change on previous year +35.9%
1901 -1.73 % change on previous year -134.9%
1902 0.6135 % change on previous year -135.5%
1903 1.41 % change on previous year +129.1%
1904 1.36 % change on previous year -3.0%
1905 -2.8 % change on previous year -305.5%
1906 0.715 % change on previous year -125.5%
1907 2.35 % change on previous year +229.1%
1908 -1.58 % change on previous year -167.0%
1909 -0.0178 % change on previous year -98.9%
1910 2.48 % change on previous year -14037.4%
1911 2.05 % change on previous year -17.3%
1912 1.71 % change on previous year -16.8%
1913 -0.466 % change on previous year -127.3%
1914 0.7876 % change on previous year -269.0%
1915 -2.26 % change on previous year -387.4%
1916 0.6451 % change on previous year -128.5%
1917 -1.63 % change on previous year -352.9%
1918 -5 % change on previous year +206.4%
1919 2.15 % change on previous year -143.1%
1920 4.9 % change on previous year +127.3%
1921 5.68 % change on previous year +16.0%
1922 12.22 % change on previous year +114.9%
1923 4.32 % change on previous year -64.6%
1924 -3.72 % change on previous year -186.2%
1925 4.5 % change on previous year -221.0%
1926 -0.6503 % change on previous year -114.4%
1927 17.59 % change on previous year -2805.5%
1928 -9.71 % change on previous year -155.2%
1929 10.87 % change on previous year -212.0%
1930 -1.21 % change on previous year -111.1%
1931 5.14 % change on previous year -525.1%
1932 1.98 % change on previous year -61.5%
1933 6.73 % change on previous year +240.2%
1934 4.28 % change on previous year -36.4%
1935 -5.3 % change on previous year -223.9%
1936 -7.6 % change on previous year +43.3%
1937 16.8 % change on previous year -321.2%
1938 0.6657 % change on previous year -96.0%
1939 1.35 % change on previous year +102.9%
1940 -6.53 % change on previous year -583.5%
1941 9.35 % change on previous year -243.2%
1942 -1.36 % change on previous year -114.5%
1943 6.67 % change on previous year -592.1%
1944 5.74 % change on previous year -14.1%
1945 -3.82 % change on previous year -166.7%
1946 7.81 % change on previous year -304.2%
1947 8.39 % change on previous year +7.4%
1948 -0.3306 % change on previous year -103.9%
1949 1.44 % change on previous year -535.9%
1950 2.79 % change on previous year +93.4%
1951 4.52 % change on previous year +62.3%
1952 0.1019 % change on previous year -97.7%
1953 6.99 % change on previous year +6757.5%
1954 4.77 % change on previous year -31.8%
1955 4.16 % change on previous year -12.7%
1956 4.36 % change on previous year +4.7%
1957 4.42 % change on previous year +1.6%
1958 1.3 % change on previous year -70.5%
1959 5.44 % change on previous year +317.1%
1960 6.68 % change on previous year +22.8%
1961 5.45 % change on previous year -18.4%
1962 6.62 % change on previous year +21.4%
1963 5.94 % change on previous year -10.3%
1964 6.58 % change on previous year +10.8%
1965 7.45 % change on previous year +13.1%
1966 4.08 % change on previous year -45.3%
1967 7.56 % change on previous year +85.3%
1968 8.88 % change on previous year +17.5%
1969 2.14 % change on previous year -75.9%
1970 9.11 % change on previous year +325.2%
1971 6.63 % change on previous year -27.2%
1972 8.01 % change on previous year +20.8%
1973 11.2 % change on previous year +39.9%
1974 1.15 % change on previous year -89.8%
1975 -4.35 % change on previous year -479.4%
1976 6.9 % change on previous year -258.5%
1977 5.61 % change on previous year -18.7%
1978 2.82 % change on previous year -49.8%
1979 5.63 % change on previous year +99.8%
1980 4.59 % change on previous year -18.4%
1981 1.62 % change on previous year -64.8%
1982 2.14 % change on previous year +32.2%
1983 -0.176 % change on previous year -108.2%
1984 -1.88 % change on previous year +966.1%
1985 2.81 % change on previous year -249.6%
1986 4.14 % change on previous year +47.6%
1987 6.38 % change on previous year +54.1%
1988 7.49 % change on previous year +17.4%
1989 5.14 % change on previous year -31.4%
1990 4.37 % change on previous year -15.0%
1991 3.73 % change on previous year -14.7%
1992 3.57 % change on previous year -4.2%
1993 -0.3115 % change on previous year -108.7%
1994 1.86 % change on previous year -697.0%
1995 2.64 % change on previous year +42.2%
1996 3.91 % change on previous year +47.7%
1997 4.83 % change on previous year +23.8%
1998 5.2 % change on previous year +7.6%
1999 4.3 % change on previous year -17.4%
2000 4.19 % change on previous year -2.4%
2001 2.34 % change on previous year -44.1%
2002 1.16 % change on previous year -50.3%
2003 -0.5437 % change on previous year -146.7%
2004 2.21 % change on previous year -506.5%
2005 1.16 % change on previous year -47.5%
2006 1.95 % change on previous year +68.2%
2007 2.9 % change on previous year +48.3%
2008 0.591 % change on previous year -79.6%
2009 -2.6 % change on previous year -539.5%
2010 2.3 % change on previous year -188.5%
2011 -1.44 % change on previous year -162.7%
2012 -4.06 % change on previous year +181.5%
2013 -0.9227 % change on previous year -77.3%
2014 0.7923 % change on previous year -185.9%
2015 1.79 % change on previous year +126.2%
2016 2.02 % change on previous year +12.7%
2017 3.51 % change on previous year +73.6%
2018 2.85 % change on previous year -18.7%
2019 2.68 % change on previous year -5.8%
2020 -8.3 % change on previous year -409.4%
2021 5.5 % change on previous year -166.3%
2022 6.69 % change on previous year +21.5%

Portugal compared with similar countries

  • Portugal's 6.69 % change on previous year is above the median for high income countries, which is 3.67 % change on previous year, 1.8× the median. (55 countries reporting)
  • Portugal's 6.69 % change on previous year is above the median for Europe & Central Asia, which is 3.71 % change on previous year, 1.8× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), annual growth rate (Bolt) in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1910 +14037.4% -0.0178 % change on previous year 2.48 % change on previous year
1953 +6757.5% 0.1019 % change on previous year 6.99 % change on previous year
1846 -4352.7% 0.1513 % change on previous year -6.43 % change on previous year
1837 +3606.2% -0.3016 % change on previous year 10.57 % change on previous year
1927 +2805.5% -0.6503 % change on previous year 17.59 % change on previous year
1876 -1954.0% -0.1093 % change on previous year -2.25 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1820s 0.5485 % change on previous year -4.68 % change on previous year 11.14 % change on previous year 9
1830s 0.6021 % change on previous year -6.32 % change on previous year 10.57 % change on previous year 10
1840s -0.238 % change on previous year -7.23 % change on previous year 6.71 % change on previous year 10
1850s -3 % change on previous year -3 % change on previous year -3 % change on previous year 1
1860s 2.61 % change on previous year 0.9905 % change on previous year 3.85 % change on previous year 4
1870s 0.5897 % change on previous year -3.74 % change on previous year 4.6 % change on previous year 10
1880s 2.17 % change on previous year -1.85 % change on previous year 5.44 % change on previous year 10
1890s 2.17 % change on previous year -1.78 % change on previous year 5.84 % change on previous year 10
1900s 0.528 % change on previous year -2.8 % change on previous year 4.96 % change on previous year 10
1910s 0.0468 % change on previous year -5 % change on previous year 2.48 % change on previous year 10
1920s 4.6 % change on previous year -9.71 % change on previous year 17.59 % change on previous year 10
1930s 2.28 % change on previous year -7.6 % change on previous year 16.8 % change on previous year 10
1940s 2.74 % change on previous year -6.53 % change on previous year 9.35 % change on previous year 10
1950s 3.88 % change on previous year 0.1019 % change on previous year 6.99 % change on previous year 10
1960s 6.14 % change on previous year 2.14 % change on previous year 8.88 % change on previous year 10
1970s 5.27 % change on previous year -4.35 % change on previous year 11.2 % change on previous year 10
1980s 3.23 % change on previous year -1.88 % change on previous year 7.49 % change on previous year 10
1990s 3.41 % change on previous year -0.3115 % change on previous year 5.2 % change on previous year 10
2000s 1.34 % change on previous year -2.6 % change on previous year 4.19 % change on previous year 10
2010s 0.952 % change on previous year -4.06 % change on previous year 3.51 % change on previous year 10
2020s 1.3 % change on previous year -8.3 % change on previous year 6.69 % change on previous year 3

Countries ranked near Portugal

  1. 24 Malta 6.85 % change on previous year compare
  2. 25 Rwanda 6.76 % change on previous year compare
  3. 26 Cote d'Ivoire 6.7 % change on previous year compare
  4. 28 Democratic Republic of Congo 6.63 % change on previous year compare
  5. 29 Iceland 6.44 % change on previous year compare
  6. 30 Botswana 6.43 % change on previous year compare

See the full ranking of 166 places →

More economy & growth data for Portugal

All data for Portugal →

Frequently asked questions

What is gross domestic product (gdp), annual growth rate in Portugal?
Gross domestic product (gdp), annual growth rate in Portugal was 6.69 % change on previous year in 2022, according to Statizoid (derived).
What is the highest gross domestic product (gdp), annual growth rate recorded in Portugal?
The highest recorded value was 17.59 % change on previous year in 1927.
What is the lowest gross domestic product (gdp), annual growth rate recorded in Portugal?
The lowest recorded value was -9.71 % change on previous year in 1928.
How does Portugal rank for gross domestic product (gdp), annual growth rate?
Portugal ranks 27th out of 166 countries with data for 2022.
Is gross domestic product (gdp), annual growth rate rising or falling in Portugal?
Over the last ten years it is up 264.8%. The long-run trend across the full record is volatile.
Where does this Portugal data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), annual growth rate in Portugal. Statizoid, drawing on Statizoid (derived). Retrieved 10 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-annual-growth-rate-3/portugal/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 15,244 data points, 1821–2022
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.