Service exports (BoP, current US$), annual growth rate in Portugal

Portugal: Service exports (BoP, current US$), annual growth rate was 8.45 % change on previous year in 2024. ◆ Volatile

Latest (2024)
8.45 % change on previous year
Change on year
down 63.3%
World rank
107th
of 199 countries
All-time high
48 % change on previous year
in 1979
All-time low
-35.12 % change on previous year
in 2020
Years of data
49
1976–2024

Service exports (BoP, current US$), annual growth rate in Portugal, 1976–2024

-40-2002040197620002024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Portugal recorded 8.45 % change on previous year for service exports (bop, current us$), annual growth rate in 2024.

Compared with earlier readings it is down 63.3% on the previous year and up 45.6% over ten years.

Over the whole period, service exports (bop, current us$), annual growth rate in Portugal peaked at 48 % change on previous year in 1979 and was at its lowest, -35.12 % change on previous year, in 2020.

Portugal ranks 107th of 199 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.

Service exports (BoP, current US$), annual growth rate in Portugal, year by year

Annual values for Service exports (BoP, current US$), annual growth rate in Portugal, 1976 to 2024.
Year % change on previous year Change
1976 -19.63 % change on previous year
1977 11.04 % change on previous year -156.2%
1978 28.08 % change on previous year +154.4%
1979 48 % change on previous year +70.9%
1980 26 % change on previous year -45.8%
1981 -2.97 % change on previous year -111.4%
1982 -21.08 % change on previous year +608.8%
1983 -3.76 % change on previous year -82.1%
1984 12.04 % change on previous year -419.9%
1985 16.58 % change on previous year +37.7%
1986 25.58 % change on previous year +54.2%
1987 30.52 % change on previous year +19.3%
1988 8.01 % change on previous year -73.7%
1989 10.84 % change on previous year +35.3%
1990 34.5 % change on previous year +218.1%
1991 2.66 % change on previous year -92.3%
1992 5.09 % change on previous year +91.5%
1993 26.91 % change on previous year +428.8%
1994 -0.5286 % change on previous year -102.0%
1995 21.31 % change on previous year -4131.4%
1996 -3.24 % change on previous year -115.2%
1997 -2.78 % change on previous year -14.2%
1998 15.34 % change on previous year -651.2%
1999 1.75 % change on previous year -88.6%
2000 0.3129 % change on previous year -82.2%
2001 1.46 % change on previous year +365.1%
2002 9.35 % change on previous year +542.3%
2003 19.04 % change on previous year +103.7%
2004 19.56 % change on previous year +2.7%
2005 2.56 % change on previous year -86.9%
2006 23.12 % change on previous year +802.8%
2007 27.28 % change on previous year +18.0%
2008 11.87 % change on previous year -56.5%
2009 -12.67 % change on previous year -206.7%
2010 -0.2046 % change on previous year -98.4%
2011 16.97 % change on previous year -8393.5%
2012 -5.22 % change on previous year -130.7%
2013 14.31 % change on previous year -374.3%
2014 5.8 % change on previous year -59.4%
2015 -9.63 % change on previous year -265.9%
2016 6.08 % change on previous year -163.1%
2017 19.23 % change on previous year +216.3%
2018 12.7 % change on previous year -34.0%
2019 1.72 % change on previous year -86.4%
2020 -35.12 % change on previous year -2138.2%
2021 25.55 % change on previous year -172.7%
2022 42.31 % change on previous year +65.6%
2023 23.05 % change on previous year -45.5%
2024 8.45 % change on previous year -63.3%

Portugal compared with similar countries

  • Portugal's 8.45 % change on previous year is above the median for high income countries, which is 8.45 % change on previous year, 1.0× the median. (71 countries reporting)
  • Portugal's 8.45 % change on previous year is below the median for Europe & Central Asia, which is 9.57 % change on previous year, 88% of the median. (51 countries reporting)

Biggest year-on-year movements

Years where Service exports (BoP, current US$), annual growth rate 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.

YearChange FromTo
2011 +8393.5% -0.2046 % change on previous year 16.97 % change on previous year
1995 +4131.4% -0.5286 % change on previous year 21.31 % change on previous year
2020 -2138.2% 1.72 % change on previous year -35.12 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 16.87 % change on previous year -19.63 % change on previous year 48 % change on previous year 4
1980s 10.18 % change on previous year -21.08 % change on previous year 30.52 % change on previous year 10
1990s 10.1 % change on previous year -3.24 % change on previous year 34.5 % change on previous year 10
2000s 10.19 % change on previous year -12.67 % change on previous year 27.28 % change on previous year 10
2010s 6.18 % change on previous year -9.63 % change on previous year 19.23 % change on previous year 10
2020s 12.85 % change on previous year -35.12 % change on previous year 42.31 % change on previous year 5

Countries ranked near Portugal

  1. 104 Australia 8.55 % change on previous year compare
  2. 105 Ghana 8.52 % change on previous year compare
  3. 106 Faroe Islands 8.46 % change on previous year compare
  4. 108 Bulgaria 8.44 % change on previous year compare
  5. 109 Guatemala 8.39 % change on previous year compare
  6. 110 Kazakhstan 8.02 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Portugal

All data for Portugal →

Frequently asked questions

What is service exports (bop, current us$), annual growth rate in Portugal?
Service exports (bop, current us$), annual growth rate in Portugal was 8.45 % change on previous year in 2024, according to Statizoid (derived).
What is the highest service exports (bop, current us$), annual growth rate recorded in Portugal?
The highest recorded value was 48 % change on previous year in 1979.
What is the lowest service exports (bop, current us$), annual growth rate recorded in Portugal?
The lowest recorded value was -35.12 % change on previous year in 2020.
How does Portugal rank for service exports (bop, current us$), annual growth rate?
Portugal ranks 107th out of 199 countries with data for 2024.
Is service exports (bop, current us$), annual growth rate rising or falling in Portugal?
Over the last ten years it is up 45.6%. The long-run trend across the full record is volatile.
Where does this Portugal data come from?
The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Service exports (BoP, current US$), annual growth rate in Portugal. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/service-exports-bop-current-us-annual-growth-rate/portugal/

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How this figure is calculated

The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Service exports (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 9,476 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.