Portugal GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$313.27

Source: world bank Nominal/PPP
Summary:

Portugal GDP Per Capita expanded from 1960 to 2024, increasing from $3.34 to $313.27 .The compound annual growth rate (CAGR) averaged 7.35% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 24.44%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Portugal 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 313.27 dollars$ 541.68 Int dollars
Growth (YoY)7.166%7.972%
Net Change vs Previous Year$ 20.95 dollars$ 39.99 Int dollars
% of World GDP Per Capita0.28%0.27%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Portugal GDP | Portugal GDP Growth

Portugal Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19603.34-----
19613.570.237.025 %---
19623.840.267.336 %---
19634.080.256.475 %---
19644.430.348.446 %---
19654.90.4710.668 %---
19665.370.479.556 %---
196760.6311.778 %---
19686.640.6410.697 %---
19697.290.649.675 %---
19708.110.8211.261 %---
19719.21.0913.485 %---
197211.242.0422.143 %---
197315.093.8534.268 %---
197417.512.4216.049 %---
197519.351.8410.48 %---
197620.330.995.092 %---
197721.441.115.443 %---
197823.492.059.553 %---
197926.623.1413.348 %---
198032.96.2723.565 %---
198131.98-0.92-2.794 %---
198230.53-1.45-4.533 %---
198327.24-3.29-10.771 %---
198425.22-2.02-7.422 %---
198527.121.97.526 %---
198638.7511.6342.89 %---
198748.189.4424.356 %---
198856.358.1616.944 %---
198960.594.257.537 %---
199078.7118.1229.904 %117.52--
199189.2310.5213.365 %126.89.287.897 %
1992107.5918.3620.573 %131.114.33.393 %
199395.01-12.58-11.694 %131.470.370.278 %
199499.694.684.925 %135.574.13.121 %
1995118.1218.4318.491 %144.358.776.47 %
1996122.634.513.816 %150.125.773.999 %
1997117.02-5.61-4.577 %159.589.466.302 %
1998123.956.935.921 %169.549.976.245 %
1999127.473.522.843 %181.0411.56.782 %
2000118.61-8.87-6.955 %194.2613.227.304 %
2001121.632.529 %202.398.134.183 %
2002134.813.1910.848 %212.119.724.802 %
2003165.2330.4322.575 %218.095.982.82 %
2004189.3824.1614.62 %225.187.093.25 %
2005197.257.874.157 %238.6913.516.002 %
2006208.7611.55.831 %259.7221.038.809 %
2007240.531.7415.204 %271.3711.654.485 %
2008263.4222.929.53 %281.5410.183.751 %
2009244.67-18.75-7.117 %279.62-1.93-0.684 %
2010238.44-6.22-2.544 %288.598.983.211 %
2011245.436.982.929 %282.98-5.62-1.946 %
2012216.54-28.89-11.771 %278.39-4.58-1.62 %
2013226.6810.144.683 %292.4514.065.049 %
2014230.083.41.501 %299.186.732.302 %
2015199.04-31.04-13.491 %306.767.582.534 %
2016206.317.273.651 %326.1719.416.327 %
2017220.8614.567.057 %339.6113.444.12 %
2018242.0921.239.612 %358.8719.265.672 %
2019240.12-1.98-0.817 %389.530.628.533 %
2020229.62-10.5-4.372 %370.35-19.14-4.915 %
2021256.0626.4411.513 %400.5630.218.158 %
2022256.90.840.329 %464.9364.3616.068 %
2023292.3235.4313.789 %501.6936.767.907 %
2024313.2720.957.166 %541.6839.997.972 %

Portugal Economic Phases (1960 - 2024)

From 1960 to 2024, Portugal economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1980) indicating robust economic expansion
  • Contraction (1981–1982) indicating temporary slowdown
  • High Growth (1985–1992) indicating robust economic expansion
  • High Growth (2002–2004) indicating robust economic expansion
  • High Growth (2006–2008) indicating robust economic expansion
  • Contraction (2009–2010) indicating temporary slowdown
  • Expansion (2013–2014) indicating steady moderate growth
  • High Growth (2017–2018) indicating robust economic expansion
  • Contraction (2019–2020) indicating temporary slowdown
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 1986 with an increase of 42.89%, while the largest decline was in 2015 at -13.491%.