Portugal GDP Growth

GDP Growth Rate

Year -

2.26%

Portugal GDP Growth in last 10 YearsGrowth Rate(%)20142014201520152016201620172017201820182019201920202020202120212022202220232023
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In 2023, Portugal experienced a significant a decrease in its GDP growth rate, which fall to 2.26% from 6.83% in 2022. Additionally, the GDP per capita growth rate in Portugal decrease to 1.14% in 2023, compared to 6.34% in 2022.

Portugal GDP Growth

In 2023, Portugal experienced a decrease in economic performance, with the GDP growth rate falling by 4.57%. Additionally, the GDP per capita growth rate decrease by 5.2%.

Portugal Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Growth
Growth per Capita
Portugal GDP Growth from 1973 to 2020Growth
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Portugal Annual GDP Growth
Year GDP Growth Net Chg GDP Capita Growth Net Chg
19615.53%5.53%4.69%4.69%
19626.61%1.08%5.85%1.16%
19635.87%-0.74%5.45%-0.40%
19646.31%0.44%6.25%0.80%
19657.47%1.16%7.91%1.66%
19664.08%-3.39%4.87%-3.04%
19677.54%3.46%8.23%3.36%
19688.88%1.34%9.34%1.11%
19692.12%-6.76%3.04%-6.30%
19709.11%6.99%10.09%7.05%
19716.63%-2.48%7.08%-3.01%
19728.02%1.39%8.18%1.10%
197311.2%3.18%11.17%2.99%
19741.14%-10.06%-0.26%-11.43%
1975-4.35%-5.49%-7.91%-7.65%
19766.9%11.25%3.9%11.81%
19775.6%-1.30%4.49%0.59%
19782.82%-2.78%1.71%-2.78%
19795.64%2.82%4.51%2.80%
19804.59%-1.05%3.46%-1.05%
19811.62%-2.97%0.74%-2.72%
19822.14%0.52%1.51%0.77%
1983-0.17%-2.31%-0.64%-2.15%
1984-1.88%-1.71%-2.26%-1.62%
19852.81%4.69%2.53%4.79%
19864.14%1.33%4.05%1.52%
19876.38%2.24%6.41%2.36%
19887.49%1.11%7.6%1.19%
19896.44%-1.05%6.6%-1.00%
19903.95%-2.49%4.18%-2.42%
19914.37%0.42%4.61%0.43%
19921.09%-3.28%1.17%-3.44%
1993-2.04%-3.13%-2.16%-3.33%
19940.96%3.00%0.69%2.85%
19954.28%3.32%3.92%3.23%
19963.5%-0.78%3.12%-0.80%
19974.4%0.90%3.94%0.82%
19984.81%0.41%4.28%0.34%
19993.91%-0.90%3.32%-0.96%
20003.82%-0.09%3.09%-0.23%
20011.94%-1.88%1.23%-1.86%
20020.77%-1.17%0.22%-1.01%
2003-0.93%-1.70%-1.3%-1.52%
20041.79%2.72%1.55%2.85%
20050.78%-1.01%0.6%-0.95%
20061.63%0.85%1.44%0.84%
20072.51%0.88%2.31%0.87%
20080.32%-2.19%0.17%-2.14%
2009-3.12%-3.44%-3.21%-3.38%
20101.74%4.86%1.69%4.90%
2011-1.7%-3.44%-1.55%-3.24%
2012-4.06%-2.36%-3.67%-2.12%
2013-0.92%3.14%-0.38%3.29%
20140.79%1.71%1.34%1.72%
20151.79%1.00%2.21%0.87%
20162.02%0.23%2.34%0.13%
20173.51%1.49%3.76%1.42%
20182.85%-0.66%3.01%-0.75%
20192.68%-0.17%2.66%-0.35%
2020-8.3%-10.98%-8.4%-11.06%
20215.74%14.04%5.08%13.48%
20226.83%1.09%6.34%1.26%
20232.26%-4.57%1.14%-5.20%