Real gdp growth in Portugal
Portugal: Real gdp growth was 2.21 in 2024. ◆ Volatile
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.
Real gdp growth in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 6.72 | — |
| 1981 | 3.52 | -47.6% |
| 1982 | 2.16 | -38.6% |
| 1983 | 0.972 | -55.1% |
| 1984 | -1.04 | -207.2% |
| 1985 | 1.64 | -257.0% |
| 1986 | 3.32 | +102.9% |
| 1987 | 7.63 | +129.9% |
| 1988 | 5.34 | -30.0% |
| 1989 | 6.65 | +24.5% |
| 1990 | 7.86 | +18.2% |
| 1991 | 3.37 | -57.1% |
| 1992 | 3.13 | -7.1% |
| 1993 | -0.687 | -121.9% |
| 1994 | 1.49 | -316.7% |
| 1995 | 2.31 | +54.9% |
| 1996 | 3.5 | +51.9% |
| 1997 | 4.4 | +25.6% |
| 1998 | 4.81 | +9.2% |
| 1999 | 3.91 | -18.7% |
| 2000 | 3.82 | -2.3% |
| 2001 | 1.94 | -49.1% |
| 2002 | 0.771 | -60.3% |
| 2003 | -0.931 | -220.8% |
| 2004 | 1.79 | -292.2% |
| 2005 | 0.782 | -56.3% |
| 2006 | 1.62 | +107.8% |
| 2007 | 2.51 | +54.3% |
| 2008 | 0.319 | -87.3% |
| 2009 | -3.12 | -1078.7% |
| 2010 | 1.74 | -155.7% |
| 2011 | -1.71 | -198.6% |
| 2012 | -4.05 | +136.3% |
| 2013 | -0.984 | -75.7% |
| 2014 | 0.741 | -175.3% |
| 2015 | 1.59 | +114.6% |
| 2016 | 2 | +26.0% |
| 2017 | 3.31 | +65.4% |
| 2018 | 2.95 | -11.1% |
| 2019 | 2.75 | -6.8% |
| 2020 | -8.21 | -398.8% |
| 2021 | 5.56 | -167.8% |
| 2022 | 6.99 | +25.7% |
| 2023 | 3.1 | -55.6% |
| 2024 | 2.21 | -28.5% |
Portugal compared with similar countries
- Portugal's 2.21 is below the median for high income countries, which is 2.4, 92% of the median. (67 countries reporting)
- Portugal's 2.21 is below the median for Europe & Central Asia, which is 2.55, 87% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1078.7% | 0.319 | -3.12 |
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, Federated States of 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
- 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 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.
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