Gross Fixed Capital Formation — Value US$ (US Value) in Portugal
Portugal: Gross Fixed Capital Formation — Value US$ (US Value) was 61,399 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Portugal, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$ in Portugal stood at 61,399 million USD. That is the highest value across all 55 years on record.
The figure is up 5.2% on the previous year and up 76.1% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Portugal peaked at 61,399 million USD in 2024 and was at its lowest, 2,016 million USD, in 1970.
Portugal ranks 55th of 235 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 Fixed Capital Formation — Value US$ (US Value) in Portugal, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2,016 million USD | — |
| 1971 | 2,436 million USD | +20.8% |
| 1972 | 3,258 million USD | +33.7% |
| 1973 | 4,331 million USD | +32.9% |
| 1974 | 4,872 million USD | +12.5% |
| 1975 | 5,369 million USD | +10.2% |
| 1976 | 5,455 million USD | +1.6% |
| 1977 | 6,080 million USD | +11.4% |
| 1978 | 7,021 million USD | +15.5% |
| 1979 | 7,573 million USD | +7.9% |
| 1980 | 10,061 million USD | +32.9% |
| 1981 | 10,559 million USD | +5.0% |
| 1982 | 10,151 million USD | -3.9% |
| 1983 | 8,508 million USD | -16.2% |
| 1984 | 6,363 million USD | -25.2% |
| 1985 | 6,326 million USD | -0.6% |
| 1986 | 9,167 million USD | +44.9% |
| 1987 | 12,617 million USD | +37.6% |
| 1988 | 15,775 million USD | +25.0% |
| 1989 | 16,490 million USD | +4.5% |
| 1990 | 21,112 million USD | +28.0% |
| 1991 | 22,767 million USD | +7.8% |
| 1992 | 26,106 million USD | +14.7% |
| 1993 | 21,620 million USD | -17.2% |
| 1994 | 22,706 million USD | +5.0% |
| 1995 | 27,593 million USD | +21.5% |
| 1996 | 29,322 million USD | +6.3% |
| 1997 | 30,514 million USD | +4.1% |
| 1998 | 33,999 million USD | +11.4% |
| 1999 | 35,287 million USD | +3.8% |
| 2000 | 33,334 million USD | -5.5% |
| 2001 | 33,409 million USD | +0.2% |
| 2002 | 34,976 million USD | +4.7% |
| 2003 | 39,375 million USD | +12.6% |
| 2004 | 44,494 million USD | +13.0% |
| 2005 | 45,792 million USD | +2.9% |
| 2006 | 47,219 million USD | +3.1% |
| 2007 | 54,302 million USD | +15.0% |
| 2008 | 60,412 million USD | +11.3% |
| 2009 | 52,058 million USD | -13.8% |
| 2010 | 49,405 million USD | -5.1% |
| 2011 | 45,512 million USD | -7.9% |
| 2012 | 34,470 million USD | -24.3% |
| 2013 | 33,726 million USD | -2.2% |
| 2014 | 34,866 million USD | +3.4% |
| 2015 | 31,272 million USD | -10.3% |
| 2016 | 32,572 million USD | +4.2% |
| 2017 | 37,888 million USD | +16.3% |
| 2018 | 43,332 million USD | +14.4% |
| 2019 | 44,411 million USD | +2.5% |
| 2020 | 44,869 million USD | +1.0% |
| 2021 | 52,655 million USD | +17.4% |
| 2022 | 53,034 million USD | +0.7% |
| 2023 | 58,356 million USD | +10.0% |
| 2024 | 61,399 million USD | +5.2% |
Portugal compared with similar countries
- Portugal's 61,399 million USD is above the median for high income countries, which is 20,129 million USD, 3.1× the median. (73 countries reporting)
- Portugal's 61,399 million USD is above the median for Europe & Central Asia, which is 26,071 million USD, 2.4× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,841 million USD | 2,016 million USD | 7,573 million USD | 10 |
| 1980s | 10,602 million USD | 6,326 million USD | 16,490 million USD | 10 |
| 1990s | 27,103 million USD | 21,112 million USD | 35,287 million USD | 10 |
| 2000s | 44,537 million USD | 33,334 million USD | 60,412 million USD | 10 |
| 2010s | 38,745 million USD | 31,272 million USD | 49,405 million USD | 10 |
| 2020s | 54,063 million USD | 44,869 million USD | 61,399 million USD | 5 |
Countries ranked near Portugal
- 52 New Zealand 65,410 million USD compare
- 53 China, Hong Kong SAR 65,266 million USD compare
- 54 Finland 63,980 million USD compare
- 56 Nigeria 60,926 million USD compare
- 57 Peru 60,373 million USD compare
- 58 South Africa 58,516 million USD 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Portugal?
- Gross fixed capital formation — value us$ in Portugal was 61,399 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Portugal?
- The highest recorded value was 61,399 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Portugal?
- The lowest recorded value was 2,016 million USD in 1970.
- How does Portugal rank for gross fixed capital formation — value us$?
- Portugal ranks 55th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Portugal?
- Over the last ten years it is up 76.1%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$. 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).