Gross domestic product (GDP) at current market prices by NUTS 3 region in Portugal
Portugal: Gross domestic product (GDP) at current market prices by NUTS 3 region was 289,428 Million euro in 2024. ▲ Rising
Latest (2024)
289,428 Million euro
Change on year
up 7.1%
World rank
19th
of 47 countries
All-time high
289,428 Million euro
in 2024
All-time low
128,414 Million euro
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) at current market prices by NUTS 3 region in Portugal, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
Portugal recorded 289,428 Million euro for gross domestic product (gdp) at current market prices by nuts 3 region in 2024. That is the highest value across all 25 years on record.
That represents a change of up 7.1% on the previous year and up 67.1% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Portugal peaked at 289,428 Million euro in 2024 and was at its lowest, 128,414 Million euro, in 2000.
Portugal ranks 19th of 47 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) at current market prices by NUTS 3 region in Portugal, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 128,414 Million euro | — |
| 2001 | 135,775 Million euro | +5.7% |
| 2002 | 142,554 Million euro | +5.0% |
| 2003 | 146,068 Million euro | +2.5% |
| 2004 | 152,248 Million euro | +4.2% |
| 2005 | 158,553 Million euro | +4.1% |
| 2006 | 166,260 Million euro | +4.9% |
| 2007 | 175,483 Million euro | +5.5% |
| 2008 | 179,103 Million euro | +2.1% |
| 2009 | 175,416 Million euro | -2.1% |
| 2010 | 179,860 Million euro | +2.5% |
| 2011 | 176,318 Million euro | -2.0% |
| 2012 | 168,539 Million euro | -4.4% |
| 2013 | 170,676 Million euro | +1.3% |
| 2014 | 173,187 Million euro | +1.5% |
| 2015 | 179,393 Million euro | +3.6% |
| 2016 | 186,381 Million euro | +3.9% |
| 2017 | 195,509 Million euro | +4.9% |
| 2018 | 204,998 Million euro | +4.9% |
| 2019 | 214,490 Million euro | +4.6% |
| 2020 | 201,033 Million euro | -6.3% |
| 2021 | 216,494 Million euro | +7.7% |
| 2022 | 243,957 Million euro | +12.7% |
| 2023 | 270,353 Million euro | +10.8% |
| 2024 | 289,428 Million euro | +7.1% |
Portugal compared with similar countries
- Portugal's 289,428 Million euro is above the median for Europe & Central Asia, which is 282,710 Million euro, 1.0× the median. (32 countries reporting)
- Portugal's 289,428 Million euro is below the median for high income countries, which is 320,787 Million euro, 90% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 155,987 Million euro | 128,414 Million euro | 179,103 Million euro | 10 |
| 2010s | 184,935 Million euro | 168,539 Million euro | 214,490 Million euro | 10 |
| 2020s | 244,253 Million euro | 201,033 Million euro | 289,428 Million euro | 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) at current market prices by nuts 3 region in Portugal?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Portugal was 289,428 Million euro in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Portugal?
- The highest recorded value was 289,428 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Portugal?
- The lowest recorded value was 128,414 Million euro in 2000.
- How does Portugal rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Portugal ranks 19th out of 47 countries with data for 2024.
- Is gross domestic product (gdp) at current market prices by nuts 3 region rising or falling in Portugal?
- Over the last ten years it is up 67.1%. 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) at current market prices by NUTS 3 region. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Eurostat).