Real gdp growth in Portugal
Portugal: Real gdp growth was 2.21 in 2024. ◆ Volatile
Latest (2024)
2.21
Change on year
down 28.5%
World rank
140th
of 196 countries
All-time high
7.86
in 1990
All-time low
-8.21
in 2020
Years of data
45
1980–2024
Real gdp growth in Portugal, 1980–2024
Source: Our World in Data.
Analysis
In 2024, real gdp growth in Portugal stood at 2.21.
That represents a change of down 28.5% on the previous year and up 198.9% over ten years.
Over the whole period, real gdp growth in Portugal peaked at 7.86 in 1990 and was at its lowest, -8.21, in 2020.
Portugal ranks 140th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.69 | -1.04 | 7.63 | 10 |
| 1990s | 3.41 | -0.687 | 7.86 | 10 |
| 2000s | 0.95 | -3.12 | 3.82 | 10 |
| 2010s | 0.8331 | -4.05 | 3.31 | 10 |
| 2020s | 1.93 | -8.21 | 6.99 | 5 |
Countries ranked near Portugal
- 137 Micronesia (country) 2.29 compare
- 138 Chile 2.29 compare
- 139 Brazil 2.29 compare
- 141 Latvia 2.14 compare
- 142 Dominican Republic 2.12 compare
- 142 United States 2.12 compare
More economy & growth data for Portugal
- External balance on goods and services as a percent of gdp 0.9173 (2025)
- Inflation of consumer prices 2.34 (2025)
- Gdp per capita worldbank constant usd 22,851 (2025)
- Manufacturing value added to gdp 11.3 (2025)
- Gdp worldbank constant usd 246.90 billion (2025)
- Gdp per capita in international and market dollars 22,851 (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.45 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.15 billion current US$ (2025)
- Taxes less subsidies on products 40.57 billion current LCU (2025)
Frequently asked questions
- What is real gdp growth in Portugal?
- Real gdp growth in Portugal was 2.21 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Portugal?
- The highest recorded value was 7.86 in 1990.
- What is the lowest real gdp growth recorded in Portugal?
- The lowest recorded value was -8.21 in 2020.
- How does Portugal rank for real gdp growth?
- Portugal ranks 140th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Portugal?
- Over the last ten years it is up 198.9%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).