Trade in services as share of GDP in Portugal
Portugal: Trade in services as share of GDP was 28.9% in 2024. ▲ Rising
Trade in services as share of GDP in Portugal, 1975–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Portugal recorded 28.9% for trade in services as share of gdp in 2024. That is the highest value across all 50 years on record.
That represents a change of up 0.7% on the previous year and up 41.4% over ten years.
Over the whole period, trade in services as share of gdp in Portugal peaked at 28.9% in 2024 and was at its lowest, 7.3%, in 1976.
Portugal ranks 71st of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Trade in services as share of GDP in Portugal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 10.6% | — |
| 1976 | 7.3% | -31.0% |
| 1977 | 7.6% | +3.6% |
| 1978 | 8.2% | +8.1% |
| 1979 | 10.2% | +24.7% |
| 1980 | 10.7% | +5.1% |
| 1981 | 11.2% | +4.5% |
| 1982 | 9.8% | -12.4% |
| 1983 | 10.0% | +2.1% |
| 1984 | 11.5% | +14.6% |
| 1985 | 11.8% | +2.6% |
| 1986 | 10.3% | -12.3% |
| 1987 | 11.0% | +6.7% |
| 1988 | 10.8% | -2.2% |
| 1989 | 10.9% | +1.1% |
| 1990 | 11.6% | +5.8% |
| 1991 | 10.8% | -6.5% |
| 1992 | 9.5% | -12.1% |
| 1993 | 13.1% | +38.0% |
| 1994 | 12.5% | -5.1% |
| 1995 | 12.7% | +2.0% |
| 1996 | 12.0% | -5.8% |
| 1997 | 12.1% | +1.0% |
| 1998 | 13.0% | +7.1% |
| 1999 | 12.5% | -3.8% |
| 2000 | 13.3% | +6.4% |
| 2001 | 12.8% | -3.6% |
| 2002 | 12.5% | -2.3% |
| 2003 | 12.1% | -3.5% |
| 2004 | 12.5% | +3.6% |
| 2005 | 12.5% | -0.3% |
| 2006 | 14.3% | +14.9% |
| 2007 | 15.5% | +8.5% |
| 2008 | 15.9% | +2.6% |
| 2009 | 15.3% | -4.2% |
| 2010 | 15.9% | +4.0% |
| 2011 | 17.4% | +9.9% |
| 2012 | 18.1% | +3.7% |
| 2013 | 19.3% | +6.6% |
| 2014 | 20.4% | +5.9% |
| 2015 | 21.2% | +3.6% |
| 2016 | 21.6% | +2.1% |
| 2017 | 23.6% | +9.0% |
| 2018 | 24.3% | +2.8% |
| 2019 | 25.2% | +4.1% |
| 2020 | 18.4% | -27.0% |
| 2021 | 20.9% | +13.4% |
| 2022 | 27.8% | +33.0% |
| 2023 | 28.7% | +3.2% |
| 2024 | 28.9% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.8% | 7.3% | 10.6% | 5 |
| 1980s | 10.8% | 9.8% | 11.8% | 10 |
| 1990s | 12.0% | 9.5% | 13.1% | 10 |
| 2000s | 13.7% | 12.1% | 15.9% | 10 |
| 2010s | 20.7% | 15.9% | 25.2% | 10 |
| 2020s | 24.9% | 18.4% | 28.9% | 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)
- Exports of goods and services (current LCU), annual growth rate 0.8661 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.3864 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 12,395 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.4145 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3334 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 10,695 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 11.96 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2069 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in services as share of gdp in Portugal?
- Trade in services as share of gdp in Portugal was 28.9% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Portugal?
- The highest recorded value was 28.9% in 2024.
- What is the lowest trade in services as share of gdp recorded in Portugal?
- The lowest recorded value was 7.3% in 1976.
- How does Portugal rank for trade in services as share of gdp?
- Portugal ranks 71st out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Portugal?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
- Where does this Portugal data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).