Value of imported goods as a share of GDP in Portugal
Portugal: Value of imported goods as a share of GDP was 37.1% in 2024. ▲ Rising
Latest (2024)
37.1%
Change on year
down 4.6%
World rank
80th
of 201 countries
All-time high
44.5%
in 2022
All-time low
11.9%
in 1962
Years of data
65
1960–2024
Value of imported goods as a share of GDP in Portugal, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, value of imported goods as a share of gdp in Portugal stood at 37.1%.
The figure is down 4.6% on the previous year and up 9.4% over ten years.
Over the whole period, value of imported goods as a share of gdp in Portugal peaked at 44.5% in 2022 and was at its lowest, 11.9%, in 1962.
Portugal ranks 80th of 201 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in Portugal, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 12.2% | — |
| 1961 | 13.6% | +11.3% |
| 1962 | 11.9% | -12.7% |
| 1963 | 12.7% | +7.3% |
| 1964 | 13.8% | +8.5% |
| 1965 | 15.0% | +8.2% |
| 1966 | 15.1% | +0.9% |
| 1967 | 13.8% | -8.2% |
| 1968 | 12.7% | -8.2% |
| 1969 | 13.7% | +7.6% |
| 1970 | 15.6% | +14.1% |
| 1971 | 15.7% | +0.4% |
| 1972 | 15.9% | +1.7% |
| 1973 | 16.4% | +3.1% |
| 1974 | 21.8% | +33.1% |
| 1975 | 16.6% | -24.1% |
| 1976 | 17.5% | +5.8% |
| 1977 | 19.5% | +11.2% |
| 1978 | 18.4% | -5.5% |
| 1979 | 20.8% | +12.6% |
| 1980 | 24.1% | +16.2% |
| 1981 | 26.6% | +10.1% |
| 1982 | 26.4% | -0.5% |
| 1983 | 25.5% | -3.6% |
| 1984 | 27.4% | +7.4% |
| 1985 | 24.2% | -11.7% |
| 1986 | 20.5% | -15.2% |
| 1987 | 24.5% | +19.4% |
| 1988 | 25.2% | +3.2% |
| 1989 | 25.5% | +0.9% |
| 1990 | 30.5% | +19.8% |
| 1991 | 28.7% | -6.0% |
| 1992 | 27.4% | -4.6% |
| 1993 | 24.5% | -10.6% |
| 1994 | 26.2% | +6.8% |
| 1995 | 27.2% | +4.1% |
| 1996 | 26.9% | -1.2% |
| 1997 | 28.4% | +5.4% |
| 1998 | 28.7% | +1.4% |
| 1999 | 31.3% | +8.9% |
| 2000 | 33.6% | +7.4% |
| 2001 | 32.4% | -3.5% |
| 2002 | 29.8% | -8.2% |
| 2003 | 28.6% | -4.0% |
| 2004 | 29.0% | +1.4% |
| 2005 | 32.4% | +11.8% |
| 2006 | 33.8% | +4.6% |
| 2007 | 34.2% | +1.0% |
| 2008 | 35.9% | +5.0% |
| 2009 | 29.3% | -18.4% |
| 2010 | 32.5% | +11.0% |
| 2011 | 33.8% | +3.8% |
| 2012 | 33.5% | -0.9% |
| 2013 | 33.4% | -0.3% |
| 2014 | 33.9% | +1.5% |
| 2015 | 33.4% | -1.3% |
| 2016 | 32.8% | -1.9% |
| 2017 | 35.4% | +8.0% |
| 2018 | 36.8% | +3.8% |
| 2019 | 37.2% | +1.2% |
| 2020 | 33.8% | -9.1% |
| 2021 | 38.3% | +13.1% |
| 2022 | 44.5% | +16.3% |
| 2023 | 38.9% | -12.7% |
| 2024 | 37.1% | -4.6% |
Portugal compared with similar countries
- Portugal's 37.1% is above the median for high income countries, which is 30.7%, 1.2× the median. (73 countries reporting)
- Portugal's 37.1% is above the median for Europe & Central Asia, which is 37.1%, 1.0× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.5% | 11.9% | 15.1% | 10 |
| 1970s | 17.8% | 15.6% | 21.8% | 10 |
| 1980s | 25.0% | 20.5% | 27.4% | 10 |
| 1990s | 28.0% | 24.5% | 31.3% | 10 |
| 2000s | 31.9% | 28.6% | 35.9% | 10 |
| 2010s | 34.3% | 32.5% | 37.2% | 10 |
| 2020s | 38.5% | 33.8% | 44.5% | 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)
- 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 value of imported goods as a share of gdp in Portugal?
- Value of imported goods as a share of gdp in Portugal was 37.1% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Portugal?
- The highest recorded value was 44.5% in 2022.
- What is the lowest value of imported goods as a share of gdp recorded in Portugal?
- The lowest recorded value was 11.9% in 1962.
- How does Portugal rank for value of imported goods as a share of gdp?
- Portugal ranks 80th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Portugal?
- Over the last ten years it is up 9.4%. The long-run trend across the full record is rising.
- Where does this Portugal data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).