The Portuguese GDP expanded 1.9% in 2025, easing from a 2.7% expansion in 2024, revised data showed. Domestic demand supported the growth, driven by faster final consumption, while net external demand weighed more heavily, as exports of goods and services slowed more sharply than imports. source: Statistics Portugal

Full Year GDP Growth in Portugal averaged 1.54 percent from 1996 until 2025, reaching an all time high of 7.00 percent in 2022 and a record low of -8.20 percent in 2020. This page includes a chart with historical data for Portugal Full Year GDP Growth. Portugal Full Year GDP Growth - values, historical data and charts - was last updated on October of 2026.

Full Year GDP Growth in Portugal is expected to reach 2.20 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Full Year GDP Growth is projected to trend around 1.70 percent in 2027 and 1.80 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 1.90 2.70 percent Dec 2025
GDP 346.64 313.66 USD Billion Dec 2025
GDP Growth Rate YoY 2.60 2.40 percent Jun 2026
GDP Constant Prices 63914.60 63320.50 EUR Million Jun 2026
GDP from Agriculture 1049.70 1054.80 EUR Million Jun 2026
GDP from Construction 2515.80 2509.00 EUR Million Jun 2026
GDP from Manufacturing 7384.50 7340.50 EUR Million Jun 2026
GDP from Services 9745.90 9634.70 EUR Million Jun 2026
GDP from Transport 5552.20 5548.70 EUR Million Jun 2026
GDP from Utilities 1800.50 1803.50 EUR Million Jun 2026
GDP Growth Rate 0.90 0.20 percent Jun 2026
Gross Fixed Capital Formation 13761.00 14021.10 EUR Million Jun 2026
Gross National Product 79444.20 75232.96 EUR Million Jun 2026


Portugal Full Year GDP Growth
On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by government expenditure (19 percent) and gross fixed capital formation (15 percent). Exports of goods and services account for 40 percent of GDP and imports account for 40 percent.
Actual Previous Highest Lowest Dates Unit Frequency
1.90 2.70 7.00 -8.20 1996 - 2025 percent Yearly
Constant Prices, NSA