Merchandise trade as a proportion of GDP (%) in Portugal
Portugal: Merchandise trade as a proportion of GDP (%) was 64.5% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Portugal, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Portugal is 64.5%, measured in 2024.
The figure is down 4.5% on the previous year and up 4.3% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Portugal peaked at 76.9% in 2022 and was at its lowest, 47.4%, in 2009.
Portugal ranks 78th of 220 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.
Merchandise trade as a proportion of GDP (%) in Portugal, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 54.2% | — |
| 2001 | 52.3% | -3.6% |
| 2002 | 49.0% | -6.3% |
| 2003 | 47.8% | -2.5% |
| 2004 | 47.9% | +0.3% |
| 2005 | 52.0% | +8.6% |
| 2006 | 55.3% | +6.2% |
| 2007 | 56.0% | +1.2% |
| 2008 | 57.5% | +2.8% |
| 2009 | 47.4% | -17.7% |
| 2010 | 53.3% | +12.6% |
| 2011 | 58.1% | +8.9% |
| 2012 | 60.3% | +3.8% |
| 2013 | 61.1% | +1.4% |
| 2014 | 61.8% | +1.1% |
| 2015 | 61.3% | -0.9% |
| 2016 | 59.8% | -2.4% |
| 2017 | 63.8% | +6.7% |
| 2018 | 65.0% | +1.9% |
| 2019 | 65.2% | +0.3% |
| 2020 | 60.7% | -6.9% |
| 2021 | 67.7% | +11.6% |
| 2022 | 76.9% | +13.6% |
| 2023 | 67.5% | -12.3% |
| 2024 | 64.5% | -4.5% |
Portugal compared with similar countries
- Portugal's 64.5% is above the median for high income countries, which is 56.9%, 1.1× the median. (73 countries reporting)
- Portugal's 64.5% is above the median for Europe & Central Asia, which is 63.9%, 1.0× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.9% | 47.4% | 57.5% | 10 |
| 2010s | 61.0% | 53.3% | 65.2% | 10 |
| 2020s | 67.5% | 60.7% | 76.9% | 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 merchandise trade as a proportion of gdp in Portugal?
- Merchandise trade as a proportion of gdp in Portugal was 64.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Portugal?
- The highest recorded value was 76.9% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Portugal?
- The lowest recorded value was 47.4% in 2009.
- How does Portugal rank for merchandise trade as a proportion of gdp?
- Portugal ranks 78th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Portugal?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is rising.
- Where does this Portugal data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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