Portugal GDP (2026)
LivePortugal has a modern, diversified economy supported by services, manufacturing, tourism, renewable energy, agriculture, and international trade. As a member of the European Union and the Eurozone, the country benefits from strong economic integration with European markets, a skilled workforce, and well-developed infrastructure. Portugal has also become an attractive destination for technology companies, startups, and foreign investment, helping to diversify its economy beyond traditional industries. This page provides the latest Portugal GDP data, historical trends, and economic outlook for 2026.
Portugal GDP Growth (1980โ2026)
Annual real GDP growth rate (%)
Historical Highlights
1980โ2026 GDP performance summary
Share of World GDP (2026)
Key Findings
Portugal's GDP in 2026 is $380.64B.
It ranks #47 among 218 countries.
Portugal contributes 0.30% to the world economy.
GDP per capita is $35,434 in 2026.
The economy recorded GDP growth of 1.90% in 2026.
Portugal GDP Historical Data (1980โ2026)
| 2026 | $380,637,000,000 | 1.90% | $35,434 | 0.30% | #47 |
| 2025 | $346,412,000,000 | 1.90% | $32,166 | 0.29% | #47 |
| 2024 | $313,562,000,000 | 2.20% | $29,319 | 0.28% | #47 |
| 2023 | $292,408,000,000 | 3.10% | $27,643 | 0.27% | #49 |
| 2022 | $257,101,000,000 | 7.00% | $24,559 | 0.25% | #50 |
| 2021 | $256,226,000,000 | 5.60% | $24,619 | 0.26% | #49 |
| 2020 | $229,435,000,000 | -8.20% | $22,093 | 0.27% | #48 |
| 2019 | $240,142,000,000 | 2.70% | $23,192 | 0.27% | #49 |
| 2018 | $242,203,000,000 | 2.90% | $23,436 | 0.28% | #48 |
| 2017 | $220,785,000,000 | 3.30% | $21,352 | 0.27% | #48 |
| 2016 | $206,249,000,000 | 2.00% | $19,915 | 0.27% | #47 |
| 2015 | $199,059,000,000 | 1.60% | $19,174 | 0.26% | #47 |
| 2014 | $230,138,000,000 | 0.70% | $22,087 | 0.29% | #49 |
| 2013 | $226,681,000,000 | -1.00% | $21,642 | 0.29% | #50 |
| 2012 | $216,674,000,000 | -4.10% | $20,574 | 0.28% | #49 |
| 2011 | $245,383,000,000 | -1.70% | $23,205 | 0.33% | #44 |
| 2010 | $238,639,000,000 | 1.70% | $22,570 | 0.36% | #41 |
| 2009 | $244,402,000,000 | -3.10% | $23,126 | 0.40% | #37 |
| 2008 | $263,388,000,000 | 0.30% | $24,946 | 0.41% | #38 |
| 2007 | $240,524,000,000 | 2.50% | $22,814 | 0.41% | #37 |
| 2006 | $208,767,000,000 | 1.60% | $19,840 | 0.40% | #37 |
| 2005 | $197,363,000,000 | 0.80% | $18,791 | 0.41% | #35 |
| 2004 | $189,296,000,000 | 1.80% | $18,056 | 0.43% | #33 |
| 2003 | $165,185,000,000 | -0.90% | $15,794 | 0.42% | #32 |
| 2002 | $134,700,000,000 | 0.80% | $12,928 | 0.38% | #32 |
| 2001 | $121,605,000,000 | 1.90% | $11,735 | 0.36% | #36 |
| 2000 | $118,658,000,000 | 3.80% | $11,531 | 0.35% | #36 |
| 1999 | $127,597,000,000 | 3.90% | $12,488 | 0.38% | #34 |
| 1998 | $124,124,000,000 | 4.80% | $12,217 | 0.39% | #34 |
| 1997 | $117,211,000,000 | 4.40% | $11,595 | 0.36% | #38 |
| 1996 | $122,655,000,000 | 3.50% | $12,188 | 0.38% | #36 |
| 1995 | $118,182,000,000 | 2.30% | $11,787 | 0.38% | #36 |
| 1994 | $99,692,000,000 | 1.50% | $9,978 | 0.35% | #35 |
| 1993 | $95,139,000,000 | -0.70% | $9,548 | 0.36% | #32 |
| 1992 | $108,119,000,000 | 3.10% | $10,863 | 0.42% | #31 |
| 1991 | $89,904,000,000 | 3.40% | $9,026 | 0.37% | #33 |
| 1990 | $79,439,000,000 | 7.90% | $7,957 | 0.35% | #34 |
| 1989 | $59,806,000,000 | 6.60% | $5,978 | 0.29% | #37 |
| 1988 | $55,435,000,000 | 5.30% | $5,533 | 0.29% | #40 |
| 1987 | $47,386,000,000 | 7.60% | $4,724 | 0.28% | #40 |
| 1986 | $37,869,000,000 | 3.30% | $3,775 | 0.25% | #41 |
| 1985 | $27,231,000,000 | 1.60% | $2,717 | 0.22% | #48 |
| 1984 | $25,951,000,000 | -1.00% | $2,596 | 0.21% | #49 |
| 1983 | $28,267,000,000 | 1.00% | $2,839 | 0.24% | #49 |
| 1982 | $30,678,000,000 | 2.20% | $3,095 | 0.27% | #45 |
| 1981 | $32,477,000,000 | 3.50% | $3,297 | 0.28% | #45 |
| 1980 | $32,607,000,000 | 6.70% | $3,339 | 0.29% | #45 |
Portugal GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $396,349,000,000 | 1.80% | $36,990 | 0.30% | #45 |
| 2028 | $412,482,000,000 | 1.80% | $38,593 | 0.30% | #45 |
| 2029 | $428,894,000,000 | 1.70% | $40,209 | 0.30% | #47 |
| 2030 | $444,873,000,000 | 1.70% | $41,791 | 0.30% | #47 |
| 2031 | $461,165,000,000 | 1.60% | $43,408 | 0.29% | #47 |
Portugal Economy Overview
Portugal has a developed market economy in which services account for the largest share of GDP through tourism, finance, retail, transportation, telecommunications, healthcare, and professional services. Tourism remains one of the country's most important industries, attracting millions of international visitors each year and contributing significantly to employment and export earnings.
Manufacturing is another key pillar of the economy, producing automobiles, machinery, textiles, footwear, pharmaceuticals, electronics, and food products. Portugal is also recognized as a European leader in renewable energy, with substantial investment in wind, solar, and hydropower. Continued growth in technology, digital innovation, logistics, and advanced manufacturing is helping strengthen productivity and improve the country's long-term economic competitiveness.
Portugal GDP Outlook
Portugal's economic outlook remains positive, supported by tourism, exports, renewable energy investment, and expanding technology industries. Ongoing investment in digital transformation, infrastructure, innovation, and green energy is expected to support sustainable economic growth over the coming years. Although external demand, inflation, and broader European economic conditions may influence short-term performance, Portugal remains one of Southern Europe's most stable and competitive economies with solid long-term growth prospects.
Data & Methodology
How the figures on this page are compiled
- Primary Sources
- IMF, World Bank, United Nations and OECD
- Historical Coverage
- 1980โ2031
- GDP Measurement
- Nominal gross domestic product in current U.S. dollars
- Update Schedule
- Updated annually using the latest available projections
- Population Data
- United Nations World Population Prospects
Frequently Asked Questions
Portugal's nominal GDP in 2026 is approximately $380,637,000,000, measured in current US dollars.
Portugal's GDP growth rate in 2026 is 1.90%.
GDP per capita in Portugal is approximately $35,434 in 2026.
Portugal ranks #47 globally by nominal GDP in 2026.
GDP is commonly calculated as household consumption plus investment, government spending, and net exports.
Sources
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