Portugal in figures

Portugal's government debt fell from 134.1% of GDP in 2020 to 89.9% in 2025, by the IMF's figures, and the budget was in surplus in 2023, 2024 and 2025; for 2031 the IMF projected debt of 74.4%. A current account that was 11.9% of GDP in deficit in 2008 showed a surplus of 2.1% in 2024. The population, which fell in every year from 2011 to 2018, has grown every year since.

GDP

$346.6 bn

2025

from $118.6 bn in 2000

GDP per person

$32 082

2025

from $11 526 in 2000

Real growth

1.9%

2025

from 3.8% in 2000

Inflation

2.3%

2025

from 2.9% in 2000

Unemployment

6.2%

2025

from 3.8% in 2000

Government debt

89.9%of GDP

2025

from 54.2% in 2000

Economy

How large Portugal's economy is, how fast it grows and what it is made of

Output fell in 2003, in 2009 and in each year from 2011 to 2013, by 4.0% at worst in 2012. In 2020 it shrank 8.2%. The fastest year was 2022, at 7.0%. Growth slowed to 1.9% in 2025, and the IMF projected the same 1.9% for 2026. GDP in current dollars nearly tripled, from $118.6 billion in 2000 to $346.6 billion in 2025. Services grew from 60.0% of GDP in 2000 to 66.5% in 2025, while industry with construction fell from 24.5% to 18.2% over the same years. Manufacturing produced 11.3% of GDP in 2025 and agriculture, forestry and fishing 2.0%.

GDP, current US dollars

$346.6 bn2025

World Bank
Data
YearGDP, current US dollars
2025$346.6 bn
2024$313.7 bn
2023$292.3 bn
2022$256.9 bn
2021$256.1 bn
2020$229.6 bn
2019$240.1 bn
2018$242.1 bn
2017$220.9 bn
2016$206.3 bn
2015$199.0 bn
2014$230.1 bn
2013$226.7 bn
2012$216.5 bn
2011$245.4 bn
2010$238.4 bn
2009$244.7 bn
2008$263.4 bn
2007$240.5 bn
2006$208.8 bn
2005$197.3 bn
2004$189.4 bn
2003$165.2 bn
2002$134.8 bn
2001$121.6 bn
2000$118.6 bn

Series World Bank NY.GDP.MKTP.CD

Real GDP growth

1.9%2025

World Bank · IMF World Economic Outlook
Data
YearGrowth
2031 (projection)1.6%
2030 (projection)1.6%
2029 (projection)1.7%
2028 (projection)1.8%
2027 (projection)1.8%
2026 (projection)1.9%
20251.9%
20242.2%
20233.1%
20227.0%
20215.6%
2020−8.2%
20192.8%
20183.0%
20173.3%
20162.0%
20151.6%
20140.7%
2013−1.0%
2012−4.0%
2011−1.7%
20101.7%
2009−3.1%
20080.3%
20072.5%
20061.6%
20050.8%
20041.8%
2003−0.9%
20020.8%
20011.9%
20003.8%

Series World Bank NY.GDP.MKTP.KD.ZG · IMF World Economic Outlook NGDP_RPCH

GDP per person

$32 0822025

At market exchange ratesAt purchasing power parity

World Bank
Data
YearGDP per personAt purchasing power
2025$32 082$53 146
2024$29 328$52 513
2023$27 635$49 800
2022$24 621$45 250
2021$24 711$38 658
2020$22 299$35 967
2019$23 343$37 866
2018$23 541$34 897
2017$21 442$32 971
2016$19 980$31 589
2015$19 216$29 608
2014$22 121$28 765
2013$21 676$27 966
2012$20 593$26 476
2011$23 247$26 803
2010$22 552$27 292
2009$23 151$26 472
2008$24 949$26 666
2007$22 811$25 738
2006$19 839$24 677
2005$18 780$22 725
2004$18 064$21 476
2003$15 798$20 850
2002$12 937$20 357
2001$11 735$19 529
2000$11 526$18 883

Series World Bank NY.GDP.PCAP.CD · World Bank NY.GDP.PCAP.PP.CD

Value added, share of GDP

Manufacturing has its own band and is left out of other industry. The remainder is taxes on products less subsidies, which the national accounts add to reach GDP.

200060%15%9%12%
202567%11%13%
  • Services
  • Manufacturing
  • Other industry and construction
  • Agriculture, forestry, fishing
  • Taxes less subsidies
World Bank

Prices and work

What prices and jobs did

Unemployment was 3.8% in 2000 and 2001, climbed to 16.2% in 2013 and was 6.2% in 2025. The rate for ages 15 to 24 went from 8.2% in 2000 to 38.5% in 2013. By 2025 it had eased to 20.2%. The price level fell 0.8% in 2009 and rose 7.8% in 2022.

Inflation, consumer prices

2.3%2025

World Bank · IMF World Economic Outlook
Data
YearInflation
2031 (projection)2.0%
2030 (projection)2.0%
2029 (projection)2.2%
2028 (projection)2.4%
2027 (projection)2.3%
2026 (projection)3.1%
20252.3%
20242.4%
20234.3%
20227.8%
20211.3%
2020−0.0%
20190.3%
20181.0%
20171.4%
20160.6%
20150.5%
2014−0.3%
20130.3%
20122.8%
20113.6%
20101.4%
2009−0.8%
20082.6%
20072.5%
20063.1%
20052.3%
20042.4%
20033.2%
20023.6%
20014.4%
20002.9%

Series World Bank FP.CPI.TOTL.ZG · IMF World Economic Outlook PCPIPCH

Unemployment

6.2%2025

All agesAges 15 to 24

World Bank
Data
YearUnemploymentAges 15 to 24
20256.2%20.2%
20246.5%21.8%
20236.5%20.5%
20226.1%19.2%
20216.7%23.4%
20206.8%22.5%
20196.4%18.3%
20187.0%20.2%
20178.9%23.8%
201611.1%27.8%
201512.4%31.8%
201413.9%34.7%
201316.2%38.5%
201215.5%38.0%
201112.7%30.3%
201010.8%22.8%
20099.4%20.3%
20087.5%16.7%
20078.0%16.7%
20067.7%16.5%
20057.6%16.2%
20046.3%14.1%
20036.1%13.5%
20024.5%10.4%
20013.8%8.9%
20003.8%8.2%

Series World Bank SL.UEM.TOTL.ZS · World Bank SL.UEM.1524.ZS

Trade

How open the economy is

Between 2002 and 2022 exports rose from 27.1% of GDP to 49.5%, and in 2025 they were 43.7%, above imports of 42.7%. The current account deficit reached 11.9% of GDP in 2008 and had turned into a surplus of 2.1% by 2024. Foreign direct investment inflows peaked at 7.2% of GDP in 2012. In 2024 they were 4.3%.

Exports and imports, share of GDP

43.7%2025

ExportsImports

World Bank
Data
YearExports of goods and servicesImports
202543.7%42.7%
202445.8%43.8%
202347.2%46.0%
202249.5%51.9%
202141.5%44.3%
202037.3%39.3%
201943.6%43.1%
201843.7%43.1%
201742.9%41.9%
201640.4%39.2%
201540.7%40.0%
201440.2%40.0%
201339.6%38.5%
201237.7%38.2%
201134.4%38.6%
201030.0%37.7%
200927.3%34.2%
200831.3%40.8%
200731.2%38.8%
200630.4%38.2%
200527.1%35.9%
200427.7%35.5%
200327.4%33.8%
200227.1%35.2%
200127.4%37.6%
200028.2%39.3%

Series World Bank NE.EXP.GNFS.ZS · World Bank NE.IMP.GNFS.ZS

Current account balance, share of GDP

2.1%2024

World Bank
Data
YearCurrent account balance
20242.1%
20230.6%
2022−2.1%
2021−0.7%
2020−0.6%
20190.8%
20180.7%
20171.6%
20161.4%
20150.5%
20140.3%
20131.5%
2012−1.5%
2011−6.1%
2010−10.3%
2009−10.3%
2008−11.9%
2007−9.7%
2006−10.2%
2005−9.6%
2004−8.0%
2003−6.7%
2002−8.3%
2001−10.4%
2000−10.8%

Series World Bank BN.CAB.XOKA.GD.ZS

Foreign direct investment, net inflows, share of GDP

4.3%2024

World Bank
Data
YearForeign direct investment, net inflows
20244.3%
20234.0%
20225.1%
20213.6%
20201.8%
20194.5%
20183.5%
20175.0%
20163.6%
20150.6%
20145.4%
20136.4%
20127.2%
20114.2%
20103.8%
20092.4%
20083.0%
20072.5%
20066.4%
20051.7%
20041.3%
20036.3%
20020.4%
20015.0%
20006.2%

Series World Bank BX.KLT.DINV.WD.GD.ZS

Public finances

What the state owes and borrows

Debt climbed from 54.2% of GDP in 2000 to 132.5% in 2014, eased to 116.1% in 2019 and reached 134.1% in 2020. It has fallen every year since, to 89.9% in 2025. Net lending went from a deficit of 11.4% of GDP in 2010 to surpluses of 1.3% in 2023 and 0.3% in 2025, and the IMF projected a deficit of 0.1% for 2026. The tax take was 22.4% of GDP in 2024, against 19.1% in 2009.

General government gross debt, share of GDP

89.9%2025

IMF World Economic Outlook
Data
YearGeneral government gross debt
2031 (projection)74.4%
2030 (projection)75.5%
2029 (projection)77.0%
2028 (projection)79.3%
2027 (projection)82.2%
2026 (projection)85.6%
202589.9%
202493.5%
202396.9%
2022111.2%
2021123.9%
2020134.1%
2019116.1%
2018121.1%
2017126.0%
2016131.2%
2015131.0%
2014132.5%
2013130.8%
2012128.6%
2011114.0%
2010100.1%
200987.8%
200875.6%
200772.7%
200673.7%
200572.2%
200467.1%
200363.9%
200260.0%
200157.4%
200054.2%

Series IMF World Economic Outlook GGXWDG_NGDP

Government net lending or borrowing, share of GDP

0.3%2025

Below zero the government borrowed.

IMF World Economic Outlook
Data
YearGeneral government net lending or borrowing
2031 (projection)−1.6%
2030 (projection)−1.2%
2029 (projection)−0.9%
2028 (projection)−0.5%
2027 (projection)−0.2%
2026 (projection)−0.1%
20250.3%
20240.5%
20231.3%
2022−0.3%
2021−2.8%
2020−5.8%
20190.1%
2018−0.4%
2017−3.0%
2016−1.9%
2015−4.4%
2014−7.3%
2013−5.2%
2012−6.2%
2011−7.7%
2010−11.4%
2009−9.9%
2008−3.8%
2007−2.9%
2006−4.1%
2005−6.1%
2004−5.9%
2003−5.6%
2002−3.7%
2001−4.7%
2000−3.3%

Series IMF World Economic Outlook GGXCNL_NGDP

Tax revenue, share of GDP

22.4%2024

World Bank
Data
YearTax revenue
202422.4%
202322.7%
202223.2%
202122.3%
202022.3%
201922.4%
201822.8%
201722.6%
201622.6%
201523.1%
201422.9%
201322.9%
201221.0%
201121.4%
201019.9%
200919.1%
200821.1%
200721.4%
200621.1%
200520.6%
200420.0%
200319.9%
200220.8%
200120.5%
200020.9%

Series World Bank GC.TAX.TOTL.GD.ZS

People

Who lives in Portugal

Population fell from 10,573,100 in 2010 to 10,283,822 in 2018, then rose to 10,804,871 in 2025. Net migration was negative from 2010 to 2016. It turned positive in 2017 and peaked at 69,606 in 2021, after an outflow of 37,083 in 2012. Births per woman fell to 1.21 in 2013 and were 1.41 in 2024. Those 65 or over were 24.9% of the population in 2025, against 16.1% in 2000, and life expectancy was 82.4 years in 2024.

Population

10.80 m2025

The axis does not start at zero, so the change looks larger than it is.

World Bank
Data
YearPopulation
202510.80 m
202410.69 m
202310.58 m
202210.43 m
202110.36 m
202010.30 m
201910.29 m
201810.28 m
201710.30 m
201610.33 m
201510.36 m
201410.40 m
201310.46 m
201210.51 m
201110.56 m
201010.57 m
200910.57 m
200810.56 m
200710.54 m
200610.52 m
200510.50 m
200410.48 m
200310.46 m
200210.42 m
200110.36 m
200010.29 m

Series World Bank SP.POP.TOTL

Age structure, share of the population
65 and over24.9%15 to 6462.3%Under 1512.7%
World Bank
Data
YearAged 0 to 1415 to 6465 and over
202512.7%62.3%24.9%
202412.8%62.7%24.5%
202312.9%63.0%24.1%
202213.0%63.3%23.7%
202113.2%63.6%23.3%
202013.3%63.8%22.9%
201913.5%64.1%22.4%
201813.7%64.3%21.9%
201713.9%64.6%21.5%
201614.1%64.9%21.0%
201514.3%65.1%20.6%
201414.6%65.3%20.1%
201314.8%65.6%19.6%
201214.9%65.9%19.2%
201115.1%66.1%18.9%
201015.2%66.3%18.5%
200915.4%66.5%18.2%
200815.5%66.6%17.9%
200715.7%66.7%17.7%
200615.8%66.7%17.5%
200515.9%66.8%17.3%
200416.0%67.0%17.0%
200316.1%67.1%16.8%
200216.1%67.3%16.6%
200116.2%67.4%16.4%
200016.4%67.5%16.1%

Series World Bank SP.POP.0014.TO.ZS · World Bank SP.POP.1564.TO.ZS · World Bank SP.POP.65UP.TO.ZS

Births per woman

1.412024

World Bank
Data
YearBirths per woman
20241.41
20231.45
20221.43
20211.35
20201.42
20191.44
20181.42
20171.38
20161.37
20151.31
20141.24
20131.21
20121.28
20111.35
20101.39
20091.34
20081.39
20071.35
20061.37
20051.41
20041.40
20031.44
20021.46
20011.45
20001.55

Series World Bank SP.DYN.TFRT.IN

Life expectancy at birth

82.4 years2024

World Bank
Data
YearLife expectancy at birth
202482.4 years
202382.3 years
202281.6 years
202181.4 years
202081.3 years
201981.7 years
201881.3 years
201781.4 years
201681.1 years
201581.1 years
201481.1 years
201380.7 years
201280.4 years
201180.5 years
201079.0 years
200978.7 years
200878.5 years
200778.3 years
200678.4 years
200578.1 years
200477.7 years
200377.2 years
200277.1 years
200176.8 years
200076.3 years

Series World Bank SP.DYN.LE00.IN

Net migration

16 4722025

People arriving less people leaving, each year. The largest net inflow in the series was 69 606 people, in 2021.

World Bank
Data
YearNet migration
202516 472
202420 648
202329 102
202268 696
202169 606
202054 076
201963 031
201822 495
201713 979
2016−775
2015−3 209
2014−26 447
2013−36 342
2012−37 083
2011−31 513
2010−5 627
200914 532
20089 478
200721 064
200616 754
200515 537
200413 928
200324 740
200242 169
200155 565
200060 586

Series World Bank SM.POP.NETM

Living standards

Health, schooling, the internet and inequality

Income inequality on the Gini measure fell from 38.9 in 2004 to 32.8 in 2019 and was 33.9 in 2023. The internet reached 88.5% of people in 2024, up from 16.4% in 2000. On health, spending was 11.2% of GDP in 2021 and 10.2% in 2024, while public spending on education slipped from 5.6% in 2009 to 4.5% in 2022. Adult literacy was 94.5% in 2011, the only year recorded.

Health spending, share of GDP

10.2%2024

World Bank
Data
YearHealth spending
202410.2%
202310.0%
202210.6%
202111.2%
202010.5%
20199.5%
20189.4%
20179.3%
20169.4%
20159.3%
20149.3%
20139.4%
20129.6%
20119.7%
201010.0%
200910.1%
20089.6%
20079.3%
20069.3%
20059.7%
20049.5%
20039.1%
20028.8%
20018.6%
20008.6%

Series World Bank SH.XPD.CHEX.GD.ZS

Public spending on education, share of GDP

4.5%2022

World Bank
Data
YearPublic spending on education
20224.5%
20214.8%
20204.9%
20194.6%
20184.7%
20175.0%
20154.9%
20145.1%
20135.3%
20124.9%
20115.1%
20105.4%
20095.6%
20084.7%
20074.9%
20064.9%
20055.1%
20045.0%
20035.3%
20025.3%
20015.3%
20005.2%

Series World Bank SE.XPD.TOTL.GD.ZS

Using the internet

88.5%2024

World Bank
Data
YearUsing the internet
202488.5%
202385.8%
202284.5%
202182.3%
202078.3%
201975.3%
201874.7%
201773.8%
201670.4%
201568.6%
201464.6%
201362.1%
201260.3%
201155.3%
201053.3%
200948.3%
200844.1%
200742.1%
200638.0%
200535.0%
200431.8%
200329.7%
200219.4%
200118.1%
200016.4%

Series World Bank IT.NET.USER.ZS

Gini coefficient

33.92023

World Bank
Data
YearGini coefficient
202333.9
202236.3
202134.6
202034.7
201932.8
201833.5
201733.8
201635.2
201535.5
201435.6
201336.2
201236.0
201136.3
201035.8
200934.9
200836.6
200736.8
200638.1
200538.5
200438.9
200338.8

Series World Bank SI.POV.GINI

Living in towns and cities

61.5%2025

World Bank
Data
YearLiving in towns and cities
202561.5%
202461.3%
202361.2%
202261.1%
202161.1%
202061.1%
201961.1%
201861.1%
201761.1%
201661.1%
201561.1%
201461.1%
201361.1%
201261.1%
201161.1%
201061.1%
200960.8%
200860.4%
200759.8%
200659.0%
200558.3%
200457.4%
200356.6%
200255.8%
200155.1%
200054.4%

Series World Bank SP.URB.TOTL.IN.ZS

Energy and environment

Energy, emissions and forest

Renewables supplied 64.9% of electricity in 2021, up from 18.6% in 2005, and 32.3% of final energy use. Carbon dioxide emissions came to 3.3 tonnes per person in 2024, against 6.5 in 2002. Forest cover stood at 36.1% of the land in 2023.

Electricity from renewable sources

64.9%2021

World Bank
Data
YearElectricity from renewable sources
202164.9%
202059.6%
201954.2%
201851.4%
201740.9%
201655.5%
201548.7%
201461.4%
201359.2%
201243.8%
201147.1%
201053.2%
200937.9%
200832.9%
200735.1%
200633.0%
200518.6%
200427.9%
200338.5%
200222.1%
200134.6%
200030.3%

Series World Bank EG.ELC.RNEW.ZS

Renewable share of final energy use

32.3%2021

World Bank
Data
YearRenewable share of final energy use
202132.3%
202031.3%
201928.2%
201827.5%
201724.4%
201629.0%
201527.2%
201430.5%
201330.2%
201225.5%
201127.2%
201027.8%
200924.9%
200823.2%
200723.1%
200622.3%
200518.1%
200419.9%
200322.1%
200218.3%
200120.8%
200020.1%

Series World Bank EG.FEC.RNEW.ZS

CO2 emissions per person

3.3 t2024

World Bank
Data
YearCO2 emissions per person
20243.3 t
20233.5 t
20223.8 t
20213.8 t
20204.0 t
20194.5 t
20185.0 t
20175.3 t
20164.9 t
20155.0 t
20144.6 t
20134.6 t
20124.7 t
20114.9 t
20105.0 t
20095.5 t
20085.6 t
20075.8 t
20066.0 t
20056.5 t
20046.2 t
20036.0 t
20026.5 t
20016.1 t
20006.2 t

Series World Bank EN.GHG.CO2.PC.CE.AR5

Forest cover

36.1%2023

World Bank
Data
YearForest cover
202336.1%
202236.1%
202136.1%
202036.1%
201936.1%
201836.1%
201736.1%
201636.1%
201536.1%
201436.0%
201335.9%
201235.8%
201135.6%
201035.5%
200935.5%
200835.6%
200735.6%
200635.7%
200535.7%
200435.7%
200335.8%
200235.8%
200135.8%
200035.9%

Series World Bank AG.LND.FRST.ZS

Codes

Portugal's codes and memberships

Questions

Questions about Portugal in figures

What was Portugal's GDP in 2025?

At $346.6 billion in 2025, Portugal's GDP in current US dollars worked out at $32,082 per person, according to the World Bank. Its GDP per person at purchasing power parity was $53,146 in 2025.

Is Portugal's government debt falling?

Portugal's gross public debt fell to 89.9% of GDP in 2025, from 134.1% in 2020, according to the IMF, which projected 85.6% for 2026 and 74.4% for 2031.

Does Portugal run a budget surplus?

The IMF recorded net lending of 1.3% of GDP in 2023, 0.5% in 2024 and 0.3% in 2025, all surpluses. From 2000 to 2018 the balance was negative every year, with a deficit of 11.4% in 2010. The IMF projected small deficits from 2026 on, 0.1% that year and 1.6% for 2031.

When did Portugal's population start growing again?

By the World Bank's count, the population fell in every year from 2011 to 2018, to a low of 10,283,822, and has grown each year since, reaching 10,804,871 in 2025.

What is unemployment in Portugal?

The World Bank put unemployment at 6.2% in 2025, against 16.2% in 2013 and 3.8% in 2000. For ages 15 to 24 the figure was 20.2% in 2025, and the IMF projected 5.9% overall for 2026.

What share of Portugal's population is over 65?

In 2025, according to the World Bank, 24.9% of Portugal's population was 65 or over and 12.7% was under 15, against 16.1% and 16.4% in 2000. Each woman had 1.41 children on average in 2024; life expectancy at birth was 82.4 years.

Record generated 2026-08-31, series 2026-09-27 · Q45 · World Bank data · Europe