Taxes less subsidies on products (current US$) in Portugal
Portugal: Taxes less subsidies on products (current US$) was 45.85 billion current US$ in 2025. ◆ Volatile
Latest (2025)
45.85 billion current US$
Change on year
up 12.5%
World rank
26th
of 199 countries
All-time high
45.85 billion current US$
in 2025
All-time low
1.67 billion current US$
in 1970
Years of data
56
1970–2025
Taxes less subsidies on products in Portugal, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Portugal recorded 45.85 billion current US$ for taxes less subsidies on products in 2025. That is the highest value across all 56 years on record.
The figure is up 12.5% on the previous year and up 77.3% over ten years.
Over the whole period, taxes less subsidies on products in Portugal peaked at 45.85 billion current US$ in 2025 and was at its lowest, 1.67 billion current US$, in 1970.
Portugal ranks 26th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) in Portugal, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.67 billion current US$ | — |
| 1971 | 1.82 billion current US$ | +8.8% |
| 1972 | 2.20 billion current US$ | +20.9% |
| 1973 | 2.88 billion current US$ | +31.0% |
| 1974 | 3.05 billion current US$ | +5.7% |
| 1975 | 3.51 billion current US$ | +15.1% |
| 1976 | 3.91 billion current US$ | +11.6% |
| 1977 | 4.13 billion current US$ | +5.4% |
| 1978 | 3.35 billion current US$ | -18.7% |
| 1979 | 2.73 billion current US$ | -18.8% |
| 1980 | 3.42 billion current US$ | +25.4% |
| 1981 | 4.20 billion current US$ | +22.9% |
| 1982 | 4.06 billion current US$ | -3.4% |
| 1983 | 4.14 billion current US$ | +2.0% |
| 1984 | 2.91 billion current US$ | -29.7% |
| 1985 | 3.28 billion current US$ | +12.5% |
| 1986 | 3.91 billion current US$ | +19.4% |
| 1987 | 5.26 billion current US$ | +34.4% |
| 1988 | 6.42 billion current US$ | +22.1% |
| 1989 | 6.72 billion current US$ | +4.8% |
| 1990 | 8.35 billion current US$ | +24.2% |
| 1991 | 9.39 billion current US$ | +12.4% |
| 1992 | 12.44 billion current US$ | +32.5% |
| 1993 | 10.25 billion current US$ | -17.6% |
| 1994 | 11.77 billion current US$ | +14.8% |
| 1995 | 14.03 billion current US$ | +19.2% |
| 1996 | 14.91 billion current US$ | +6.3% |
| 1997 | 14.05 billion current US$ | -5.8% |
| 1998 | 15.58 billion current US$ | +10.9% |
| 1999 | 16.43 billion current US$ | +5.4% |
| 2000 | 14.71 billion current US$ | -10.4% |
| 2001 | 14.97 billion current US$ | +1.7% |
| 2002 | 16.91 billion current US$ | +12.9% |
| 2003 | 20.80 billion current US$ | +23.0% |
| 2004 | 23.85 billion current US$ | +14.7% |
| 2005 | 26.31 billion current US$ | +10.3% |
| 2006 | 28.61 billion current US$ | +8.7% |
| 2007 | 32.10 billion current US$ | +12.2% |
| 2008 | 33.92 billion current US$ | +5.7% |
| 2009 | 27.90 billion current US$ | -17.7% |
| 2010 | 28.94 billion current US$ | +3.7% |
| 2011 | 30.82 billion current US$ | +6.5% |
| 2012 | 27.29 billion current US$ | -11.5% |
| 2013 | 27.66 billion current US$ | +1.4% |
| 2014 | 29.29 billion current US$ | +5.9% |
| 2015 | 25.86 billion current US$ | -11.7% |
| 2016 | 27.27 billion current US$ | +5.4% |
| 2017 | 29.87 billion current US$ | +9.5% |
| 2018 | 32.88 billion current US$ | +10.1% |
| 2019 | 32.48 billion current US$ | -1.2% |
| 2020 | 29.62 billion current US$ | -8.8% |
| 2021 | 34.46 billion current US$ | +16.3% |
| 2022 | 34.68 billion current US$ | +0.6% |
| 2023 | 37.59 billion current US$ | +8.4% |
| 2024 | 40.76 billion current US$ | +8.4% |
| 2025 | 45.85 billion current US$ | +12.5% |
Portugal compared with similar countries
- Portugal's 45.85 billion current US$ is above the median for high income countries, which is 9.71 billion current US$, 4.7× the median. (74 countries reporting)
- Portugal's 45.85 billion current US$ is above the median for Europe & Central Asia, which is 14.66 billion current US$, 3.1× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.93 billion current US$ | 1.67 billion current US$ | 4.13 billion current US$ | 10 |
| 1980s | 4.43 billion current US$ | 2.91 billion current US$ | 6.72 billion current US$ | 10 |
| 1990s | 12.72 billion current US$ | 8.35 billion current US$ | 16.43 billion current US$ | 10 |
| 2000s | 24.01 billion current US$ | 14.71 billion current US$ | 33.92 billion current US$ | 10 |
| 2010s | 29.24 billion current US$ | 25.86 billion current US$ | 32.88 billion current US$ | 10 |
| 2020s | 37.16 billion current US$ | 29.62 billion current US$ | 45.85 billion current US$ | 6 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Portugal?
- Taxes less subsidies on products in Portugal was 45.85 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Portugal?
- The highest recorded value was 45.85 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Portugal?
- The lowest recorded value was 1.67 billion current US$ in 1970.
- How does Portugal rank for taxes less subsidies on products?
- Portugal ranks 26th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Portugal?
- Over the last ten years it is up 77.3%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.