GDP (current US$) (UNESCO Institute) in Portugal

Portugal: GDP (current US$) (UNESCO Institute) was 308.68 billion current US$ in 2024. ◆ Volatile

Latest (2024)
308.68 billion current US$
Change on year
up 6.6%
World rank
47th
of 211 countries
All-time high
308.68 billion current US$
in 2024
All-time low
8.11 billion current US$
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 US$.

Analysis

Portugal recorded 308.68 billion current US$ for gdp in 2024. That is the highest value across all 55 years on record.

The figure is up 6.6% on the previous year and up 34.2% over ten years.

Over the whole period, gdp in Portugal peaked at 308.68 billion current US$ in 2024 and was at its lowest, 8.11 billion current US$, in 1970.

Portugal ranks 47th of 211 countries on this measure, in the top quarter.

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

GDP (current US$) (UNESCO Institute) in Portugal, year by year

Annual values for GDP (current US$) in Portugal, 1970 to 2024.
Year current US$ Change
1970 8.11 billion current US$ —
1971 9.20 billion current US$ +13.5%
1972 11.24 billion current US$ +22.1%
1973 15.09 billion current US$ +34.3%
1974 17.51 billion current US$ +16.0%
1975 19.35 billion current US$ +10.5%
1976 20.33 billion current US$ +5.1%
1977 21.44 billion current US$ +5.4%
1978 23.49 billion current US$ +9.6%
1979 26.62 billion current US$ +13.3%
1980 32.90 billion current US$ +23.6%
1981 31.98 billion current US$ -2.8%
1982 30.53 billion current US$ -4.5%
1983 27.24 billion current US$ -10.8%
1984 25.22 billion current US$ -7.4%
1985 27.12 billion current US$ +7.5%
1986 38.75 billion current US$ +42.9%
1987 48.18 billion current US$ +24.4%
1988 56.35 billion current US$ +16.9%
1989 60.59 billion current US$ +7.5%
1990 78.71 billion current US$ +29.9%
1991 89.23 billion current US$ +13.4%
1992 107.59 billion current US$ +20.6%
1993 95.01 billion current US$ -11.7%
1994 99.69 billion current US$ +4.9%
1995 118.12 billion current US$ +18.5%
1996 122.63 billion current US$ +3.8%
1997 117.02 billion current US$ -4.6%
1998 123.95 billion current US$ +5.9%
1999 127.47 billion current US$ +2.8%
2000 118.61 billion current US$ -7.0%
2001 121.60 billion current US$ +2.5%
2002 134.80 billion current US$ +10.8%
2003 165.23 billion current US$ +22.6%
2004 189.38 billion current US$ +14.6%
2005 197.25 billion current US$ +4.2%
2006 208.76 billion current US$ +5.8%
2007 240.50 billion current US$ +15.2%
2008 263.42 billion current US$ +9.5%
2009 244.67 billion current US$ -7.1%
2010 238.44 billion current US$ -2.5%
2011 245.43 billion current US$ +2.9%
2012 216.54 billion current US$ -11.8%
2013 226.68 billion current US$ +4.7%
2014 230.08 billion current US$ +1.5%
2015 199.04 billion current US$ -13.5%
2016 206.31 billion current US$ +3.7%
2017 220.86 billion current US$ +7.1%
2018 242.09 billion current US$ +9.6%
2019 240.12 billion current US$ -0.8%
2020 229.62 billion current US$ -4.4%
2021 256.06 billion current US$ +11.5%
2022 256.90 billion current US$ +0.3%
2023 289.70 billion current US$ +12.8%
2024 308.68 billion current US$ +6.6%

Portugal compared with similar countries

  • Portugal's 308.68 billion current US$ is above the median for high income countries, which is 92.86 billion current US$, 3.3× the median. (82 countries reporting)
  • Portugal's 308.68 billion current US$ is above the median for Europe & Central Asia, which is 93.20 billion current US$, 3.3× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.24 billion current US$ 8.11 billion current US$ 26.62 billion current US$ 10
1980s 37.88 billion current US$ 25.22 billion current US$ 60.59 billion current US$ 10
1990s 107.94 billion current US$ 78.71 billion current US$ 127.47 billion current US$ 10
2000s 188.42 billion current US$ 118.61 billion current US$ 263.42 billion current US$ 10
2010s 226.56 billion current US$ 199.04 billion current US$ 245.43 billion current US$ 10
2020s 268.19 billion current US$ 229.62 billion current US$ 308.68 billion current US$ 5

Countries ranked near Portugal

  1. 44 Pakistan 373.07 billion current US$ compare
  2. 45 Czechia 345.04 billion current US$ compare
  3. 46 Chile 330.27 billion current US$ compare
  4. 48 Finland 299.84 billion current US$ compare
  5. 49 Peru 289.22 billion current US$ compare
  6. 50 Kazakhstan 288.41 billion current US$ 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 308.68 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Portugal?
The highest recorded value was 308.68 billion current US$ in 2024.
What is the lowest gdp recorded in Portugal?
The lowest recorded value was 8.11 billion current US$ in 1970.
How does Portugal rank for gdp?
Portugal ranks 47th out of 211 countries with data for 2024.
Is gdp rising or falling in Portugal?
Over the last ten years it is up 34.2%. 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 US$). 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-us-2/portugal/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release