The Portuguese economy expanded 1.9% year-on-year in Q4 2025, slowing from a downwardly revised 2.2% in Q3 and in line with initial estimates. GDP Annual Growth Rate in Portugal averaged 1.56 percent from 1996 until 2025, reaching an all time high of 16.50 percent in the second quarter of 2021 and a record low of -17.60 percent in the second quarter of 2020. source: Statistics Portugal

The Gross Domestic Product (GDP) in Portugal expanded 1.90 percent in the fourth quarter of 2025 over the same quarter of the previous year.

The Gross Domestic Product (GDP) in Portugal expanded 1.90 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Portugal is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal GDP Annual Growth Rate is projected to trend around 1.70 percent in 2027 and 1.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-30 09:30 AM
YoY Prel
Q4 1.9% 2.3% 2.3%
2026-02-27 11:00 AM
YoY Final
Q4 1.9% 2.2% 1.9% 1.9%
2026-04-30 10:00 AM
YoY Prel
Q1 1.9% 2.1%


Related Last Previous Unit Reference
Full Year GDP Growth 1.90 2.20 percent Dec 2025
GDP Growth Rate YoY 1.90 2.20 percent Dec 2025
GDP Constant Prices 62882.90 62309.80 EUR Million Dec 2025
GDP from Agriculture 1065.35 1070.10 EUR Million Dec 2025
GDP from Construction 2500.35 2504.83 EUR Million Dec 2025
GDP from Manufacturing 7358.47 7330.68 EUR Million Dec 2025
GDP from Services 9595.67 9617.48 EUR Million Dec 2025
GDP from Transport 5381.60 5532.47 EUR Million Dec 2025
GDP from Utilities 1809.01 1782.18 EUR Million Dec 2025
GDP Growth Rate 0.90 0.60 percent Dec 2025
Gross Fixed Capital Formation 13471.36 13434.46 EUR Million Dec 2025
Gross National Product 77318.66 74068.78 EUR Million Sep 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
1.90 2.20 16.50 -17.60 1996 - 2025 percent Quarterly