Gross Domestic Product of Portugal grew 0.8% in the first quarter of 2024 compared to the previous quarter. This rate is 1 -tenth of one percent higher than the figure of 0.7% published in the forth quarter of 2023.
The year-on-year change in GDP was 1.5%, 6 -tenths of one percent less than the 2.1% recorded in the forth quarter of 2023.
The GDP figure in the first quarter of 2024 was €69,492$75,455 million, Portugal is number 34 in the ranking of quarterly GDP of the 53 countries that we publish.
Portugal has a quarterly GDP per capita, of €6,531$6,531, €329 $329 higher than the same quarter last year, it was .
If we order the countries according to their GDP per capita, Portugal is in 29th position. According to this parameter, its population has a low level of affluence compare to the 53 countries whose quarterly GDP we publish.
Here we show you the progression of the GDP in Portugal. You can see GDP in other countries in GDP and see all the economic information about Portugal in Portugal's economy.