Portugal Portugal GDP - Gross Domestic Product

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GDP Portugal 2023

GDP grows 2.3% in Portugal

Gross Domestic Product of Portugal grew 2.3% in 2023 compared to last year. This rate is 45 -tenths of one percent less than the figure of 6.8% published in 2022.

The GDP figure in 2023 was €265,503$287,088 million, Portugal is number 49 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Portugal rose €23,162$34,958 million with respect to 2022.

The GDP per capita of Portugal in 2023 was €25,730$27,427, €2,200$2,887 higher than in 2022, it was €23,530$24,540. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Portugal was €16,300$21,654.

If we order the countries according to their GDP per capita, Portugal is in 43th position of the 196 countries whose 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.

Quarterly GDP at market prices 2023
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2023Q4€67,268M$72,319M0.7%2.1%
2023Q3€66,675M$72,569M-0.2%1.9%
2023Q2€66,325M$72,208M0.1%2.6%
2023Q1€65,236M$69,998M1.5%2.5%
< GDP Portugal 2022
Quaterly GDP Per Capita 2023
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2023Q46,426K0.9%7.2%$6,90912.9%-0.3%
2023Q36,370K0.5%8.2%$6,93316.9%0.5%
2023Q26,336K1.7%9.2%$6,89811.7%3.2%
2023Q16,232K4.0%10.2%$6,6875.4%9.3%
< GDP Portugal 2022
Evolution: Annual GDP Portugal
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€265,503M$287,088M2.3%
2022€242,341M$252,130M6.8%
2021€216,053M$250,055M5.7%
2020€200,519M$228,356M-8.3%
2019€214,375M$240,013M2.7%
2018€205,184M$242,423M2.8%
2017€195,947M$221,280M3.5%
2016€186,490M$206,369M2.0%
2015€179,713M$199,414M1.8%
2014€173,054M$229,961M0.8%
2013€170,492M$226,437M-0.9%
2012€168,296M$216,361M-4.1%
2011€176,096M$245,075M-1.7%
2010€179,611M$238,308M1.7%
2009€175,416M$244,402M-3.1%
2008€179,103M$263,388M0.3%
2007€175,483M$240,524M2.5%
2006€166,261M$208,767M1.6%
2005€158,553M$197,363M0.8%
2004€152,248M$189,296M1.8%
2003€146,068M$165,185M-0.9%
2002€142,554M$134,700M0.8%
2001€135,775M$121,605M1.9%
2000€128,414M$118,658M3.8%
1999€119,603M$127,597M3.9%
1998€110,684M$124,124M4.8%
1997€103,307M$117,211M4.4%
1996€96,627M$122,655M3.5%
1995€91,016M$118,182M4.3%
1994€82,359M$99,692M1.0%
1993€75,759M$95,139M-2.0%
1992€71,802M$108,119M1.1%
1991€63,708M$89,904M4.4%
1990€55,432M$79,439M4.0%
1989€47,094M$59,806M6.4%
1988€39,843M$55,435M7.5%
1987€33,959M$47,387M6.4%
1986€28,984M$37,869M4.1%
1985€23,106M$27,231M2.8%
1984€18,463M$25,951M-1.9%
1983€15,092M$28,267M-0.2%
1982€12,133M$30,678M2.1%
1981€9,843M$32,477M1.6%
1980€8,236M$32,607M4.6%
1979€6,513M$26,623M5.6%
1978€5,162M$23,488M2.8%
1977€4,104M$21,440M5.6%
1976€3,074M$20,333M6.9%
1975€2,473M$19,348M-4.3%
1974€2,225M$17,512M1.1%
1973€1,850M$15,091M11.2%
1972€1,520M$11,239M8.0%
1971€1,305M$9,202M6.6%
1970€1,166M$8,108M9.1%
1969€1,048M$6,969M2.1%
1968€955M$6,354M8.9%
1967€863M$5,740M7.5%
1966€772M$5,135M4.1%
1965€705M$4,687M7.5%
1964€631M$4,236M6.6%
1963€582M$3,906M5.9%
1962€536M$3,668M6.7%
1961€504M$3,418M5.5%
1960€468M$3,193M
Evolution: GDP per capita Portugal
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€25,730$27,4279.4%11.8%
2022€23,530$24,54012.1%1.0%
2021€20,990$24,2967.8%9.6%
2020€19,470$22,177-6.6%-5.0%
2019€20,840$23,3334.5%-1.0%
2018€19,950$23,5734.9%9.7%
2017€19,020$21,4835.3%7.5%
2016€18,060$19,9864.1%3.8%
2015€17,350$19,2524.3%-12.9%
2014€16,640$22,1092.1%2.1%
2013€16,300$21,6541.8%5.2%
2012€16,010$20,577-4.0%-11.4%
2011€16,680$23,213-1.8%3.0%
2010€16,990$22,5392.4%-2.5%
2009€16,600$23,126-2.1%-7.3%
2008€16,960$24,9461.9%9.4%
2007€16,640$22,8145.3%15.0%
2006€15,800$19,8404.6%5.6%
2005€15,100$18,7914.0%4.1%
2004€14,520$18,0563.9%14.3%
2003€13,970$15,7942.1%22.2%
2002€13,680$12,9284.4%10.2%
2001€13,100$11,7355.0%1.8%
2000€12,480$11,5316.6%-7.7%
1999€11,710$12,4887.5%2.2%
1998€10,890$12,2176.6%5.4%
1997€10,220$11,5956.5%-4.9%
1996€9,600$12,1885.7%3.4%
1995€9,080$11,78710.3%18.1%
1994€8,229$9,9788.3%4.5%
1993€7,595$9,5485.3%-12.1%
1992€7,213$10,86312.7%20.4%
1991€6,403$9,02615.2%13.4%
1990€5,560$7,95718.0%33.1%
1989€4,711$5,97818.4%8.0%
1988€3,979$5,53317.5%17.1%
1987€3,387$4,72417.3%25.2%
1986€2,888$3,77525.4%38.9%
1985€2,304$2,71725.0%4.6%
1984€1,843$2,59621.8%-8.6%
1983€1,513$2,83923.9%-8.3%
1982€1,221$3,09522.6%-6.1%
1981€996$3,29718.7%-1.3%
1980€839$3,33925.1%21.8%
1979€671$2,74124.8%12.1%
1978€537$2,44424.5%8.4%
1977€432$2,25532.0%4.3%
1976€327$2,16223.0%4.0%
1975€266$2,0796.1%5.4%
1974€251$1,97216.8%12.8%
1973€214$1,74921.8%34.4%
1972€176$1,30116.3%22.0%
1971€151$1,06712.5%14.0%
1970€135$93611.7%16.8%
1969€120$80111.2%11.2%
1968€108$72111.2%11.2%
1967€97$64812.3%12.3%
1966€87$57710.5%10.5%
1965€79$52312.4%11.4%
1964€70$4698.6%8.6%
1963€64$4328.2%6.2%
1962€59$4075.8%6.7%
1961€56$3816.6%6.1%
1960€53$359
Evolution: GDP growth rate at constant prices Portugal
Evolution: GDP per capita Portugal
GDP Portugal