Portugal GDP (2026)

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Last updated: GDP values are shown in current U.S. dollars

Portugal 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 Live GDP
$223,619,107,784
GDP Added Today
$451,113,263
GDP Growth Rate (2026)
1.90%
vs 2025
โ€ข 0.00%
GDP Per Capita (2026)
$35,434
vs 2025
โ–ฒ +$3,268
Global Rank (Nominal)
#47
of 218 countries
Years Covered
1980โ€“2026
47 years

Portugal GDP Growth (1980โ€“2026)

Annual real GDP growth rate (%)

Historical Highlights

1980โ€“2026 GDP performance summary

Highest GDP $380.64B
Lowest GDP $25.95B
Average Growth 2.17%
1980โ€“2026
Best Growth 7.90%
Weakest Growth -8.20%
โ—‰

Share of World GDP (2026)

Portugal 0.30%
United States 25.58%
China 16.47%
Germany 4.31%
Japan 3.46%
Rest of World 49.88%
โ˜†

Key Findings

โœ“

Portugal's GDP in 2026 is $380.64B.

โœ“

It ranks #47 among 218 countries.

โœ“

Portugal contributes 0.30% to the world economy.

โœ“

GDP per capita is $35,434 in 2026.

โœ“

The economy recorded GDP growth of 1.90% in 2026.

Historical Data

Portugal GDP Historical Data (1980โ€“2026)

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.