Monthly and long-term Portugal economic indicators data: historical series and analyst forecasts curated by FocusEconomics.

The Gross Domestic Product (GDP) in Portugal was worth 308.68 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Portugal represents 0.29 percent of the world economy. This dataset provides the latest reported value for - Portugal GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows the share of economic sectors in gross domestic product (GDP) in Portugal from 2013 to 2023. In 2023, the share of agriculture in Portugal's gross domestic product was 2.12 percent, industry contributed approximately 18.15 percent and the services sector contributed about 66.76 percent.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for Portugal.

The Gross Domestic Product (GDP) in Portugal expanded 2.40 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Portugal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Portugal experienced a recovery of over 30 percent in the total travel and tourism contribution to its gross domestic product (GDP) in 2021, after a strong drop due to the coronavirus (COVID-19) pandemic. Prior to this crisis, this sector represented over 40 billion U.S. dollars of the Portuguese economy. By 2024, more than 58 billion U.S. dollars were forecasted as contribution to the country's GDP. Tourism spending in Portugal In 2023, Portugal's tourism services generated a sales revenue close to 38.9 billion euros, signalizing the post-pandemic recovery for this sector, which began in the previous year. Furthermore, inbound tourism expenditures in the Iberian country for the same year reached 25 billion euros, representing an increase from the previous year. How many travelers make their way to Portugal each year? From 2022 to 2024, Portugal witnessed a remarkable increase in the number of international overnight visitors, with the figure reaching 56 million in the latter year – more than in 2019. The recovery of the Portuguese tourism sector from the coronavirus (COVID-19) pandemic can also be seen in monthly development. While in 2020 and 2021, the usual influx of foreign guests in Portuguese accommodation establishments during the summer season was affected by the global health crisis, the country saw a return to normality in 2022, with August reaching the annual peak of 1.96 million travelers, which rose to 2.27 million by 2024.

Graph and download economic data for Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Portugal (PRTHOUREAMISMEI) from Jan 2000 to Jan 2024 about Portugal, earnings, hours, and manufacturing.

Portugal PT: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 2.996 % in 2017. This records an increase from the previous number of 1.940 % for 2016. Portugal PT: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 3.041 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 13.615 % in 1970 and a record low of -7.915 % in 1975. Portugal PT: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Portugal PT: Claims on Other Sectors of The Domestic Economy: % of GDP data was reported at 128.937 % in 2017. This records a decrease from the previous number of 139.207 % for 2016. Portugal PT: Claims on Other Sectors of The Domestic Economy: % of GDP data is updated yearly, averaging 152.544 % from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 197.155 % in 2011 and a record low of 128.937 % in 2017. Portugal PT: Claims on Other Sectors of The Domestic Economy: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank.WDI: Bank Loans. Claims on other sectors of the domestic economy (IFS line 52S or 32S) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

The statistic shows the distribution of employment in Portugal by economic sector from 2013 to 2023. In 2023, 2.95 percent of the employees in Portugal were active in the agricultural sector, 24.96 percent in industry and 72.09 percent in the service sector.

Portugal: Economic freedom, overall index (0-100): The latest value from 2025 is 71 index points, an increase from 69 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Portugal from 1995 to 2025 is 65 index points. The minimum value, 62 index points, was reached in 1995 while the maximum of 71 index points was recorded in 2022.

Portugal PT: GDP: PPP data was reported at 326,029.977 Intl $ mn in 2017. This records an increase from the previous number of 316,564.233 Intl $ mn for 2016. Portugal PT: GDP: PPP data is updated yearly, averaging 221,592.093 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 326,029.977 Intl $ mn in 2017 and a record low of 117,492.717 Intl $ mn in 1990. Portugal PT: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

The latest data from show economic growth of 1.8 percent, which is an increase from the rate of growth of 1.7 percent in the previous quarter and
a decrease compared to the growth rate of 2 percent in the same quarter last year. The economic growth time series for Portugal cover the period from...

Portugal - Direct investment in the reporting economy (stocks) was 77.50 % of GDP in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Direct investment in the reporting economy (stocks) - last updated from the EUROSTAT on November of 2025. Historically, Portugal - Direct investment in the reporting economy (stocks) reached a record high of 86.80 % of GDP in December of 2021 and a record low of 20.70 % of GDP in December of 1996.

Portugal - Direct investment in the reporting economy: Financial account; Reinvestment of earnings was MIO_NAC4798.00 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Direct investment in the reporting economy: Financial account; Reinvestment of earnings - last updated from the EUROSTAT on December of 2025. Historically, Portugal - Direct investment in the reporting economy: Financial account; Reinvestment of earnings reached a record high of MIO_NAC6010.00 Million in December of 2023 and a record low of MIO_NAC-557.00 Million in December of 2002.

Negative responses on the topic of general economic situation within Portugal over the past 12 months outweighed positive responses by nearly 53 percentage points as of July 2023. By June 2025, negative responses were at a rate of 35.6 percent. Furthermore, Portuguese consumers expected their financial situation to deteriorate further over the next year.

Portugal Main Aggregates: Total Economy: Balance: Net Domestic Product data was reported at 161,108.435 EUR mn in 2017. This records an increase from the previous number of 154,361.365 EUR mn for 2016. Portugal Main Aggregates: Total Economy: Balance: Net Domestic Product data is updated yearly, averaging 137,846.448 EUR mn from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 161,108.435 EUR mn in 2017 and a record low of 75,239.080 EUR mn in 1995. Portugal Main Aggregates: Total Economy: Balance: Net Domestic Product data remains active status in CEIC and is reported by Statistics Portugal. The data is categorized under Global Database’s Portugal – Table PT.A011: ESA 2010: Main Aggregates: 2011 Base: Total Economy: Annual.

Portugal - Direct investment in the reporting economy (flows) was 4.30 % of GDP in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Direct investment in the reporting economy (flows) - last updated from the EUROSTAT on December of 2025. Historically, Portugal - Direct investment in the reporting economy (flows) reached a record high of 7.20 % of GDP in December of 2012 and a record low of 0.50 % of GDP in December of 2002.

Merchandise exports by the reporting economy (current US$) in Portugal was reported at 81528125832 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Portugal - Merchandise exports by the reporting economy - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

This statistic shows the business confidence index for the retail sector in Portugal from 2008 to 2017, with projections up until 2022. In 2017, the confidence index for the Portuguese retail sector ranged at approximately 1.21 index points, indicating a slight increase in business confidence.