GDP (current US$), annual growth rate in Portugal

Portugal: GDP (current US$), annual growth rate was 6.55 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.55 % change on previous year
Change on year
down 48.7%
World rank
90th
of 211 countries
All-time high
42.89 % change on previous year
in 1986
All-time low
-13.49 % change on previous year
in 2015
Years of data
54
1971–2024

GDP (current US$), annual growth rate in Portugal, 1971–2024

-2002040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (current us$), annual growth rate in Portugal is 6.55 % change on previous year, measured in 2024.

Compared with earlier readings it is down 48.7% on the previous year and up 336.7% over ten years.

Over the whole period, gdp (current us$), annual growth rate in Portugal peaked at 42.89 % change on previous year in 1986 and was at its lowest, -13.49 % change on previous year, in 2015.

That places Portugal 90th 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 US$), annual growth rate in Portugal, year by year

Annual values for GDP (current US$), annual growth rate in Portugal, 1971 to 2024.
Year % change on previous year Change
1971 13.48 % change on previous year
1972 22.14 % change on previous year +64.2%
1973 34.27 % change on previous year +54.8%
1974 16.05 % change on previous year -53.2%
1975 10.48 % change on previous year -34.7%
1976 5.09 % change on previous year -51.4%
1977 5.44 % change on previous year +6.9%
1978 9.55 % change on previous year +75.5%
1979 13.35 % change on previous year +39.7%
1980 23.57 % change on previous year +76.5%
1981 -2.79 % change on previous year -111.9%
1982 -4.53 % change on previous year +62.2%
1983 -10.77 % change on previous year +137.6%
1984 -7.42 % change on previous year -31.1%
1985 7.53 % change on previous year -201.4%
1986 42.89 % change on previous year +469.9%
1987 24.36 % change on previous year -43.2%
1988 16.94 % change on previous year -30.4%
1989 7.54 % change on previous year -55.5%
1990 29.9 % change on previous year +296.8%
1991 13.36 % change on previous year -55.3%
1992 20.57 % change on previous year +53.9%
1993 -11.69 % change on previous year -156.8%
1994 4.92 % change on previous year -142.1%
1995 18.49 % change on previous year +275.5%
1996 3.82 % change on previous year -79.4%
1997 -4.58 % change on previous year -219.9%
1998 5.92 % change on previous year -229.4%
1999 2.84 % change on previous year -52.0%
2000 -6.95 % change on previous year -344.6%
2001 2.53 % change on previous year -136.4%
2002 10.85 % change on previous year +329.0%
2003 22.57 % change on previous year +108.1%
2004 14.62 % change on previous year -35.2%
2005 4.16 % change on previous year -71.6%
2006 5.83 % change on previous year +40.3%
2007 15.2 % change on previous year +160.7%
2008 9.53 % change on previous year -37.3%
2009 -7.12 % change on previous year -174.7%
2010 -2.54 % change on previous year -64.3%
2011 2.93 % change on previous year -215.1%
2012 -11.77 % change on previous year -501.9%
2013 4.68 % change on previous year -139.8%
2014 1.5 % change on previous year -68.0%
2015 -13.49 % change on previous year -998.9%
2016 3.65 % change on previous year -127.1%
2017 7.06 % change on previous year +93.3%
2018 9.61 % change on previous year +36.2%
2019 -0.8166 % change on previous year -108.5%
2020 -4.37 % change on previous year +435.3%
2021 11.51 % change on previous year -363.4%
2022 0.3292 % change on previous year -97.1%
2023 12.77 % change on previous year +3777.9%
2024 6.55 % change on previous year -48.7%

Portugal compared with similar countries

  • Portugal's 6.55 % change on previous year is above the median for high income countries, which is 5.39 % change on previous year, 1.2× the median. (82 countries reporting)
  • Portugal's 6.55 % change on previous year is above the median for Europe & Central Asia, which is 5.96 % change on previous year, 1.1× the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current US$), annual growth rate in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2023 +3777.9% 0.3292 % change on previous year 12.77 % change on previous year
2015 -998.9% 1.5 % change on previous year -13.49 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.43 % change on previous year 5.09 % change on previous year 34.27 % change on previous year 9
1980s 9.73 % change on previous year -10.77 % change on previous year 42.89 % change on previous year 10
1990s 8.36 % change on previous year -11.69 % change on previous year 29.9 % change on previous year 10
2000s 7.12 % change on previous year -7.12 % change on previous year 22.57 % change on previous year 10
2010s 0.0809 % change on previous year -13.49 % change on previous year 9.61 % change on previous year 10
2020s 5.36 % change on previous year -4.37 % change on previous year 12.77 % change on previous year 5

Countries ranked near Portugal

  1. 87 Kiribati 6.67 % change on previous year compare
  2. 88 Barbados 6.61 % change on previous year compare
  3. 89 Sint Maarten (Dutch part) 6.6 % change on previous year compare
  4. 91 Turks and Caicos Islands 6.51 % change on previous year compare
  5. 92 Algeria 6.46 % change on previous year compare
  6. 93 Luxembourg 6.42 % change on previous year compare

See the full ranking of 211 places →

More population data for Portugal

All data for Portugal →

Frequently asked questions

What is gdp (current us$), annual growth rate in Portugal?
Gdp (current us$), annual growth rate in Portugal was 6.55 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in Portugal?
The highest recorded value was 42.89 % change on previous year in 1986.
What is the lowest gdp (current us$), annual growth rate recorded in Portugal?
The lowest recorded value was -13.49 % change on previous year in 2015.
How does Portugal rank for gdp (current us$), annual growth rate?
Portugal ranks 90th out of 211 countries with data for 2024.
Is gdp (current us$), annual growth rate rising or falling in Portugal?
Over the last ten years it is up 336.7%. The long-run trend across the full record is volatile.
Where does this Portugal data come from?
The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current US$), annual growth rate in Portugal. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-us-annual-growth-rate-2/portugal/

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How this figure is calculated

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,102 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.