Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Portugal
Portugal: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 1.93 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Portugal, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value us$, 2015 prices, annual growth rate in Portugal stood at 1.93 % change on previous year.
The figure is down 23.6% on the previous year and up 160.1% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in Portugal peaked at 11.2 % change on previous year in 1973 and was at its lowest, -8.2 % change on previous year, in 2020.
That places Portugal 162nd out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Portugal, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.63 % change on previous year | — |
| 1972 | 8.02 % change on previous year | +20.9% |
| 1973 | 11.2 % change on previous year | +39.7% |
| 1974 | 1.14 % change on previous year | -89.8% |
| 1975 | -4.35 % change on previous year | -480.4% |
| 1976 | 6.9 % change on previous year | -258.7% |
| 1977 | 5.6 % change on previous year | -18.8% |
| 1978 | 2.82 % change on previous year | -49.7% |
| 1979 | 5.64 % change on previous year | +100.3% |
| 1980 | 4.59 % change on previous year | -18.6% |
| 1981 | 1.62 % change on previous year | -64.7% |
| 1982 | 2.13 % change on previous year | +31.9% |
| 1983 | -0.173 % change on previous year | -108.1% |
| 1984 | -1.88 % change on previous year | +986.6% |
| 1985 | 2.81 % change on previous year | -249.3% |
| 1986 | 4.14 % change on previous year | +47.5% |
| 1987 | 6.38 % change on previous year | +54.1% |
| 1988 | 7.49 % change on previous year | +17.4% |
| 1989 | 6.44 % change on previous year | -14.0% |
| 1990 | 3.95 % change on previous year | -38.7% |
| 1991 | 4.37 % change on previous year | +10.6% |
| 1992 | 1.09 % change on previous year | -75.1% |
| 1993 | -2.04 % change on previous year | -287.6% |
| 1994 | 0.965 % change on previous year | -147.2% |
| 1995 | 4.28 % change on previous year | +343.8% |
| 1996 | 3.5 % change on previous year | -18.2% |
| 1997 | 4.4 % change on previous year | +25.6% |
| 1998 | 4.81 % change on previous year | +9.2% |
| 1999 | 3.91 % change on previous year | -18.7% |
| 2000 | 3.82 % change on previous year | -2.3% |
| 2001 | 1.94 % change on previous year | -49.1% |
| 2002 | 0.7709 % change on previous year | -60.3% |
| 2003 | -0.9303 % change on previous year | -220.7% |
| 2004 | 1.79 % change on previous year | -292.2% |
| 2005 | 0.782 % change on previous year | -56.3% |
| 2006 | 1.63 % change on previous year | +107.8% |
| 2007 | 2.51 % change on previous year | +54.2% |
| 2008 | 0.319 % change on previous year | -87.3% |
| 2009 | -3.12 % change on previous year | -1078.6% |
| 2010 | 1.74 % change on previous year | -155.7% |
| 2011 | -1.71 % change on previous year | -198.6% |
| 2012 | -4.05 % change on previous year | +136.4% |
| 2013 | -0.9841 % change on previous year | -75.7% |
| 2014 | 0.7415 % change on previous year | -175.3% |
| 2015 | 1.59 % change on previous year | +114.4% |
| 2016 | 2 % change on previous year | +26.1% |
| 2017 | 3.31 % change on previous year | +65.4% |
| 2018 | 2.95 % change on previous year | -11.1% |
| 2019 | 2.75 % change on previous year | -6.8% |
| 2020 | -8.2 % change on previous year | -398.8% |
| 2021 | 5.56 % change on previous year | -167.8% |
| 2022 | 6.99 % change on previous year | +25.7% |
| 2023 | 2.53 % change on previous year | -63.8% |
| 2024 | 1.93 % change on previous year | -23.6% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1078.6% | 0.319 % change on previous year | -3.12 % change on previous year |
| 1984 | -986.6% | -0.173 % change on previous year | -1.88 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.84 % change on previous year | -4.35 % change on previous year | 11.2 % change on previous year | 9 |
| 1980s | 3.35 % change on previous year | -1.88 % change on previous year | 7.49 % change on previous year | 10 |
| 1990s | 2.92 % change on previous year | -2.04 % change on previous year | 4.81 % change on previous year | 10 |
| 2000s | 0.95 % change on previous year | -3.12 % change on previous year | 3.82 % change on previous year | 10 |
| 2010s | 0.8331 % change on previous year | -4.05 % change on previous year | 3.31 % change on previous year | 10 |
| 2020s | 1.76 % change on previous year | -8.2 % change on previous year | 6.99 % change on previous year | 5 |
Countries ranked near Portugal
- 159 Zimbabwe 2.03 % change on previous year compare
- 160 Republic of Korea 2.03 % change on previous year compare
- 161 Tonga 2.02 % change on previous year compare
- 163 Mozambique 1.85 % change on previous year compare
- 164 Malawi 1.83 % change on previous year compare
- 165 Saudi Arabia 1.81 % change on previous year compare
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.84 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0218 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 639.78 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.49 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,261 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, annual growth rate in Portugal?
- Gross domestic product — value us$, 2015 prices, annual growth rate in Portugal was 1.93 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Portugal?
- The highest recorded value was 11.2 % change on previous year in 1973.
- What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Portugal?
- The lowest recorded value was -8.2 % change on previous year in 2020.
- How does Portugal rank for gross domestic product — value us$, 2015 prices, annual growth rate?
- Portugal ranks 162nd out of 236 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in Portugal?
- Over the last ten years it is up 160.1%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.