Portugal GDP Annual Growth Rate: 1.9% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Portugal is estimated to be $240 Billion US dollars at the end of 2024.

The economy of Portugal has grown at an average annual growth rate of 4.2% in the last four years and is ranked the 17th largest economy in Europe, ahead of Hungary.

World Economics Rates Portugal's Offical GDP Data as Grade A

GDP Annual Growth Rate: Portugal


Source: World Bank, World Economics
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Economic Indicators: Portugal 2021 2022 2023 2024
GDP Annual Growth Rate (%) 5.6 7.0 2.5 1.9
GDP per Capita Annual Growth Rate (%) 4.9 6.2 1.1 2.0
Real GDP (US$ Billions, 2010) 215 230 236 240
Real GDP per Capita (US$, 2010) 20,748 22,043 22,292 22,740
Current GDP (Billions, US$) 256 257 289 295
Current GDP per Capita (US$) 24,711 24,621 27,331 27,879
Real GDP PPP (Billions, 2017) 402 431 441 450
Real GDP per Capita PPP (int$ 2017) 34,195 36,427 36,760 38,406
Data Quality Rating for Portugal See how much you can trust Portugal's GDP Data





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