Home → Portugal → Economy & Growth → GDP Growth

Portugal GDP Growth

Annual percentage growth rate of GDP  NY.GDP.MKTP.KD.ZG

Portugal's gdp growth was 1.87% in 2025, ranked 140th globally. This represents a 12.6% decrease from 2024. Data from World Bank, covering 1961–2025.

1.87% −0.27pp (-12.6%)
Year 2025 Rank #140 Global Peak 11.20% (1973) Source World Bank

Portugal GDP Growth (1961–2025)

Overview

Portugal's gdp growth stood at 1.87% in 2025, a decline of +0.27pp from 2024. The IMF projects 1.87% by 2025. Portugal ranked 140th globally.

Portugal's GDP growth has experienced significant fluctuations over the past six and a half decades, with the country recording an all-time peak of 11.20% in 1973, amidst an era of global economic expansion. Conversely, the COVID-19 pandemic led to a sharp decline, with a trough of -8.20% in 2020, ranking Portugal among the countries most severely affected by the crisis. More recently, the country's GDP growth has stabilized, with a 2025 growth rate of 1.87%, ranking Portugal at 140 globally, slightly behind Gabon, which shares a similar growth rate. This slowdown can be attributed to various factors, including a decline in domestic consumption and investment. The current growth trajectory suggests that Portugal will likely continue to experience slow and stable economic growth in the near future. A boost in investments, particularly in the technology and renewable energy sectors, could potentially alter this trajectory and propel Portugal towards a higher growth path.

Data & projection

Year GDP Growth YoY change Rank
2030* IMF 1.65% - -
2029* IMF 1.65% - -
2028* IMF 1.65% - -
2027* IMF 1.47% - -
2026* IMF 2.12% - -
2025* IMF 1.87% - -
2025 1.87% −0.27pp #140
2024 2.14% −0.47pp #132
2023 3.10% −3.89pp #101
2022 6.99% +1.43pp #45
2021 5.56% +13.76pp #98
2020 -8.20% −10.95pp #157
2019 2.75% −0.20pp #106
2018 2.95% −0.37pp #110
2017 3.31% +1.31pp #105
2016 2.00% +0.41pp #145
2015 1.59% +0.85pp #146
2014 0.74% +1.73pp #176
2013 -0.98% +3.07pp #191
2012 -4.05% −2.34pp #201
2011 -1.71% −3.45pp #196
Show all years (1961-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +20.4% GDP growth 2.1% C/A balance 2.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Portugal matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp growth improve within 24 months. View full analysis →

Recent headlines indicate Portugal is making significant progress in strengthening pro-productivity institutions and policies, which is essential for raising living standards and economic resilience. This focus on productivity growth suggests positive underlying factors that could support or enhance Portugal's current GDP growth of 1.87% in the long term.

Frequently Asked Questions

What is Portugal's gdp growth?▾

Portugal's gdp growth was 1.87% in 2025. Ranked 140th globally. This represents a 12.6% decrease from the previous year.

What was the highest gdp growth in Portugal?▾

Portugal's gdp growth peaked at 11.20% in 1973.

What was the lowest gdp growth in Portugal?▾

The lowest gdp growth in Portugal was -8.20% in 2020.

How does Portugal rank in gdp growth?▾

Portugal ranks 140th globally in gdp growth as of 2025.

What is the World Bank indicator code for gdp growth?▾

The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.

What is the projected gdp growth of Portugal in 2025?▾

Portugal's gdp growth is projected to reach 1.87% by 2025 based on IMF projection.

What is the gdp growth of Portugal in 2025?▾

The gdp growth of Portugal in 2025 was 1.87%. This ranks 140th in the world.

Cite this page

APA
Portugal GDP Growth. HistorySaid. Retrieved October 30, 2026, from https://historysaid.com/portugal/gdp-growth/
BibTeX
@misc{historysaid_portugal_gdp-growth, title = {Portugal GDP Growth}, url = {https://historysaid.com/portugal/gdp-growth/}, publisher = {HistorySaid}, year = {2026} }

Related news

Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub