GDP (current LCU) (UNESCO Institute) in Portugal

Portugal: GDP (current LCU) (UNESCO Institute) was 285.19 billion current LCU in 2024. ◆ Volatile

Latest (2024)
285.19 billion current LCU
Change on year
up 6.4%
World rank
125th
of 211 countries
All-time high
285.19 billion current LCU
in 2024
All-time low
1.16 billion current LCU
in 1970
Years of data
55
1970–2024

GDP in Portugal, 1970–2024

0100.0B200.0B300.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

Portugal recorded 285.19 billion current LCU for gdp in 2024. That is the highest value across all 55 years on record.

The figure is up 6.4% on the previous year and up 64.7% over ten years.

Over the whole period, gdp in Portugal peaked at 285.19 billion current LCU in 2024 and was at its lowest, 1.16 billion current LCU, in 1970.

That places Portugal 125th out of 211 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU) (UNESCO Institute) in Portugal, year by year

Annual values for GDP (current LCU) in Portugal, 1970 to 2024.
Year current LCU Change
1970 1.16 billion current LCU —
1971 1.30 billion current LCU +12.0%
1972 1.52 billion current LCU +16.4%
1973 1.85 billion current LCU +21.7%
1974 2.22 billion current LCU +20.2%
1975 2.47 billion current LCU +11.2%
1976 3.07 billion current LCU +24.3%
1977 4.09 billion current LCU +33.5%
1978 5.15 billion current LCU +25.8%
1979 6.50 billion current LCU +26.2%
1980 8.21 billion current LCU +26.5%
1981 9.82 billion current LCU +19.5%
1982 12.10 billion current LCU +23.3%
1983 15.05 billion current LCU +24.4%
1984 18.41 billion current LCU +22.3%
1985 23.05 billion current LCU +25.2%
1986 28.91 billion current LCU +25.4%
1987 33.86 billion current LCU +17.1%
1988 40.46 billion current LCU +19.5%
1989 47.59 billion current LCU +17.6%
1990 55.97 billion current LCU +17.6%
1991 64.31 billion current LCU +14.9%
1992 72.45 billion current LCU +12.7%
1993 76.21 billion current LCU +5.2%
1994 82.54 billion current LCU +8.3%
1995 89.03 billion current LCU +7.9%
1996 94.35 billion current LCU +6.0%
1997 102.33 billion current LCU +8.5%
1998 111.35 billion current LCU +8.8%
1999 119.60 billion current LCU +7.4%
2000 128.41 billion current LCU +7.4%
2001 135.78 billion current LCU +5.7%
2002 142.55 billion current LCU +5.0%
2003 146.07 billion current LCU +2.5%
2004 152.25 billion current LCU +4.2%
2005 158.55 billion current LCU +4.1%
2006 166.26 billion current LCU +4.9%
2007 175.48 billion current LCU +5.5%
2008 179.10 billion current LCU +2.1%
2009 175.42 billion current LCU -2.1%
2010 179.86 billion current LCU +2.5%
2011 176.32 billion current LCU -2.0%
2012 168.54 billion current LCU -4.4%
2013 170.68 billion current LCU +1.3%
2014 173.19 billion current LCU +1.5%
2015 179.39 billion current LCU +3.6%
2016 186.38 billion current LCU +3.9%
2017 195.51 billion current LCU +4.9%
2018 205.00 billion current LCU +4.9%
2019 214.49 billion current LCU +4.6%
2020 201.03 billion current LCU -6.3%
2021 216.49 billion current LCU +7.7%
2022 243.96 billion current LCU +12.7%
2023 267.92 billion current LCU +9.8%
2024 285.19 billion current LCU +6.4%

Portugal compared with similar countries

  • Portugal's 285.19 billion current LCU is above the median for high income countries, which is 220.22 billion current LCU, 1.3× the median. (82 countries reporting)
  • Portugal's 285.19 billion current LCU is below the median for Europe & Central Asia, which is 481.94 billion current LCU, 59% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.93 billion current LCU 1.16 billion current LCU 6.50 billion current LCU 10
1980s 23.75 billion current LCU 8.21 billion current LCU 47.59 billion current LCU 10
1990s 86.82 billion current LCU 55.97 billion current LCU 119.60 billion current LCU 10
2000s 155.99 billion current LCU 128.41 billion current LCU 179.10 billion current LCU 10
2010s 184.94 billion current LCU 168.54 billion current LCU 214.49 billion current LCU 10
2020s 242.92 billion current LCU 201.03 billion current LCU 285.19 billion current LCU 5

Countries ranked near Portugal

  1. 122 Macao 403.31 billion current LCU compare
  2. 123 Bolivia 343.21 billion current LCU compare
  3. 124 Moldova 323.82 billion current LCU compare
  4. 126 Cape Verde 282.08 billion current LCU compare
  5. 127 Finland 277.01 billion current LCU compare
  6. 128 Botswana 263.13 billion current LCU compare

See the full ranking of 211 places →

More population data for Portugal

All data for Portugal →

Frequently asked questions

What is gdp in Portugal?
Gdp in Portugal was 285.19 billion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Portugal?
The highest recorded value was 285.19 billion current LCU in 2024.
What is the lowest gdp recorded in Portugal?
The lowest recorded value was 1.16 billion current LCU in 1970.
How does Portugal rank for gdp?
Portugal ranks 125th out of 211 countries with data for 2024.
Is gdp rising or falling in Portugal?
Over the last ten years it is up 64.7%. The long-run trend across the full record is volatile.
Where does this Portugal data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.

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GDP in Portugal. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/portugal/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release