The Gross Domestic Product (GDP) in Portugal expanded 1.80 percent in the second quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Portugal averaged 1.34 percent from 1996 until 2019, reaching an all time high of 5 percent in the second quarter of 1998 and a record low of -4.50 percent in the fourth quarter of 2012.

GDP Annual Growth Rate in Portugal is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Portugal to stand at 1.70 in 12 months time. In the long-term, the Portugal GDP Annual Growth Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.

Portugal GDP Annual Growth Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-28 11:00 AM GDP Growth Rate YoY Final Q4 1.7% 2.1% 1.7% 1.7%
2019-05-15 08:30 AM GDP Growth Rate YoY Prel Q1 1.8% 1.7% 1.8% 1.6%
2019-05-31 10:00 AM GDP Growth Rate YoY Final Q1 1.8% 1.7% 1.8% 1.8%
2019-08-14 08:30 AM GDP Growth Rate YoY Prel Q2 1.8% 1.8% 1.6%
2019-08-30 10:00 AM GDP Growth Rate YoY Final Q2 1.8% 1.8%
2019-11-14 09:30 AM GDP Growth Rate YoY Prel Q3 1.8%
2019-11-29 11:00 AM GDP Growth Rate YoY Final Q3 1.8%


Portugal GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.50 3.30 -2.60 percent [+]
GDP Annual Growth Rate 1.80 1.80 5.00 -4.50 percent [+]
GDP 237.98 219.31 262.01 3.19 USD Billion [+]
GDP Constant Prices 46685.70 46448.80 46685.70 33674.90 EUR Million [+]
Gross Fixed Capital Formation 8896.70 8212.70 11235.50 6328.80 EUR Million [+]
GDP per capita 23737.70 23197.40 23737.70 4506.05 USD [+]
GDP per capita PPP 28687.50 28034.60 28687.50 20166.90 USD [+]
GDP From Agriculture 832.70 832.40 916.10 782.30 EUR Million [+]
GDP From Construction 1779.80 1671.70 3452.00 1493.80 EUR Million [+]
GDP From Manufacturing 5604.70 5658.20 5729.40 4093.80 EUR Million [+]
GDP From Services 8781.60 8659.10 8781.60 5326.50 EUR Million [+]
GDP From Transport 3314.00 3333.60 3337.50 1865.10 EUR Million [+]
GDP From Utilities 1235.10 1254.00 1315.00 777.80 EUR Million [+]
Gross National Product 50051.60 51423.00 51423.00 28399.81 EUR Million [+]


Portugal GDP Annual Growth Rate

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. This page provides - Portugal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.80 5.00 -4.50 1996 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
India 5.80 Mar/19
Indonesia 5.05 Jun/19
Spain 2.30 Jun/19
United States 2.30 Jun/19
South Korea 2.10 Jun/19
Netherlands 2.00 Jun/19
Australia 1.80 Mar/19
Saudi Arabia 1.70 Mar/19
Switzerland 1.70 Mar/19
Canada 1.30 Mar/19
France 1.30 Jun/19
Japan 1.20 Jun/19
United Kingdom 1.20 Jun/19
Euro Area 1.10 Jun/19
Russia 0.90 Jun/19
Brazil 0.50 Mar/19
Germany 0.40 Jun/19
Singapore 0.10 Jun/19
Italy 0.00 Jun/19
South Africa 0.00 Mar/19
Mexico -0.70 Jun/19
Turkey -2.60 Mar/19
Argentina -5.80 Mar/19


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