GDP growth in Portugal

Portugal: GDP growth was 1.9% in 2024. β—† Volatile

Latest (2024)
1.9%
Change on year
down 26.2%
World rank
147th
of 212 countries
All-time high
11.2%
in 1973
All-time low
-8.2%
in 2020
Years of data
55
1970–2024

GDP growth in Portugal, 1970–2024

-10-50510197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in Portugal is 1.9%, measured in 2024.

Compared with earlier readings it is down 26.2% on the previous year and up 160.1% over ten years.

Over the whole period, gdp growth in Portugal peaked at 11.2% in 1973 and was at its lowest, -8.2%, in 2020.

That places Portugal 147th out of 212 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.3% -4.3% 11.2% 10
1980s 3.4% -1.9% 7.5% 10
1990s 2.9% -2.0% 4.8% 10
2000s 0.9% -3.1% 3.8% 10
2010s 0.8% -4.1% 3.3% 10
2020s 1.8% -8.2% 7.0% 5

Countries ranked near Portugal

  1. 144 Dominica 2.1% compare
  2. 145 Zimbabwe 2.0% compare
  3. 146 Korea 2.0% compare
  4. 148 Palau 1.9% compare
  5. 149 Mozambique 1.9% compare
  6. 150 Malawi 1.8% compare

See the full ranking of 212 places β†’

More population data for Portugal

All data for Portugal β†’

Frequently asked questions

What is gdp growth in Portugal?
Gdp growth in Portugal was 1.9% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Portugal?
The highest recorded value was 11.2% in 1973.
What is the lowest gdp growth recorded in Portugal?
The lowest recorded value was -8.2% in 2020.
How does Portugal rank for gdp growth?
Portugal ranks 147th out of 212 countries with data for 2024.
Is gdp growth rising or falling in Portugal?
Over the last ten years it is up 160.1%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Portugal. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/portugal/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release