Gross Domestic Product — Value US$, 2015 prices in Portugal
Portugal: Gross Domestic Product — Value US$, 2015 prices was 240,361 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Portugal, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$, 2015 prices in Portugal stood at 240,361 million USD. That is the highest value across all 55 years on record.
That represents a change of up 1.9% on the previous year and up 22.7% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Portugal peaked at 240,361 million USD in 2024 and was at its lowest, 66,577 million USD, in 1970.
That places Portugal 45th out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Portugal, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 66,577 million USD | — |
| 1971 | 70,992 million USD | +6.6% |
| 1972 | 76,682 million USD | +8.0% |
| 1973 | 85,272 million USD | +11.2% |
| 1974 | 86,246 million USD | +1.1% |
| 1975 | 82,496 million USD | -4.3% |
| 1976 | 88,189 million USD | +6.9% |
| 1977 | 93,130 million USD | +5.6% |
| 1978 | 95,752 million USD | +2.8% |
| 1979 | 101,152 million USD | +5.6% |
| 1980 | 105,794 million USD | +4.6% |
| 1981 | 107,506 million USD | +1.6% |
| 1982 | 109,801 million USD | +2.1% |
| 1983 | 109,611 million USD | -0.2% |
| 1984 | 107,550 million USD | -1.9% |
| 1985 | 110,570 million USD | +2.8% |
| 1986 | 115,149 million USD | +4.1% |
| 1987 | 122,497 million USD | +6.4% |
| 1988 | 131,671 million USD | +7.5% |
| 1989 | 140,151 million USD | +6.4% |
| 1990 | 145,688 million USD | +4.0% |
| 1991 | 152,052 million USD | +4.4% |
| 1992 | 153,708 million USD | +1.1% |
| 1993 | 150,567 million USD | -2.0% |
| 1994 | 152,020 million USD | +1.0% |
| 1995 | 158,531 million USD | +4.3% |
| 1996 | 164,086 million USD | +3.5% |
| 1997 | 171,308 million USD | +4.4% |
| 1998 | 179,544 million USD | +4.8% |
| 1999 | 186,558 million USD | +3.9% |
| 2000 | 193,677 million USD | +3.8% |
| 2001 | 197,442 million USD | +1.9% |
| 2002 | 198,964 million USD | +0.8% |
| 2003 | 197,113 million USD | -0.9% |
| 2004 | 200,638 million USD | +1.8% |
| 2005 | 202,207 million USD | +0.8% |
| 2006 | 205,493 million USD | +1.6% |
| 2007 | 210,644 million USD | +2.5% |
| 2008 | 211,316 million USD | +0.3% |
| 2009 | 204,719 million USD | -3.1% |
| 2010 | 208,276 million USD | +1.7% |
| 2011 | 204,707 million USD | -1.7% |
| 2012 | 196,415 million USD | -4.1% |
| 2013 | 194,482 million USD | -1.0% |
| 2014 | 195,924 million USD | +0.7% |
| 2015 | 199,039 million USD | +1.6% |
| 2016 | 203,028 million USD | +2.0% |
| 2017 | 209,757 million USD | +3.3% |
| 2018 | 215,937 million USD | +2.9% |
| 2019 | 221,866 million USD | +2.7% |
| 2020 | 203,663 million USD | -8.2% |
| 2021 | 214,984 million USD | +5.6% |
| 2022 | 230,003 million USD | +7.0% |
| 2023 | 235,813 million USD | +2.5% |
| 2024 | 240,361 million USD | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 84,649 million USD | 66,577 million USD | 101,152 million USD | 10 |
| 1980s | 116,030 million USD | 105,794 million USD | 140,151 million USD | 10 |
| 1990s | 161,406 million USD | 145,688 million USD | 186,558 million USD | 10 |
| 2000s | 202,221 million USD | 193,677 million USD | 211,316 million USD | 10 |
| 2010s | 204,943 million USD | 194,482 million USD | 221,866 million USD | 10 |
| 2020s | 224,965 million USD | 203,663 million USD | 240,361 million USD | 5 |
Countries ranked near Portugal
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)
- Manufacturing, value added (constant LCU), per capita 2,473 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 7.94 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1825 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 5,856 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 3.39 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1615 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 5,183 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.4 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Portugal?
- Gross domestic product — value us$, 2015 prices in Portugal was 240,361 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Portugal?
- The highest recorded value was 240,361 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Portugal?
- The lowest recorded value was 66,577 million USD in 1970.
- How does Portugal rank for gross domestic product — value us$, 2015 prices?
- Portugal ranks 45th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Portugal?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
- Where does this Portugal data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).