Merchandise trade as a proportion of GDP in Portugal

Portugal: Merchandise trade as a proportion of GDP was 64.5% in 2024. ▲ Rising

Latest (2024)
64.5%
Change on year
down 4.5%
World rank
78th
of 218 countries
All-time high
76.9%
in 2022
All-time low
47.4%
in 2009
Years of data
25
2000–2024

Merchandise trade as a proportion of GDP in Portugal, 2000–2024

0204060802000201220242000: 54.2 %2001: 52.3 %2002: 49 %2003: 47.8 %2004: 47.9 %2005: 52 %2006: 55.3 %2007: 56 %2008: 57.5 %2009: 47.4 %2010: 53.3 %2011: 58.1 %2012: 60.3 %2013: 61.1 %2014: 61.8 %2015: 61.3 %2016: 59.8 %2017: 63.8 %2018: 65 %2019: 65.2 %2020: 60.7 %2021: 67.7 %2022: 76.9 %2023: 67.5 %2024: 64.5 %

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 218 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

Annual values for Merchandise trade as a proportion of GDP (%) in Portugal, 2000 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 75 Germany 66.2% compare
  2. 76 Bhutan 65.6% compare
  3. 77 Rwanda 64.8% compare
  4. 79 Azerbaijan 64.1% compare
  5. 80 Sweden 63.8% compare
  6. 81 El Salvador 63.4% compare

See the full ranking of 255 places →

More economy & growth data for Portugal

All data for Portugal →

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 218 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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Merchandise trade as a proportion of GDP in Portugal. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 10 September 2026, from https://economy.statizoid.com/stat/merchandise-trade-as-a-proportion-of-gdp-percent/portugal/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
255 places, 6,196 data points, 2000–2024
Last refreshed