All countries
🇵🇹
COUNTRY OUTLOOK / PT

Portugal

Deposit facility rate · ECB

Download country data
Forecast availableTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalLisbon
RegionEurope & Central Asia
Income groupHigh income
CurrencyEuro
GDP$346.64B2025 · current US$
Real GDP growth1.86%2025 · annual %
Population10.8M2025 · people
GDP per capita$32,081.812025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Portugal's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityECB
Policy frameworkcurrency union
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

1.86% · 2025 · annual %

Real GDP growth · annual %-8.20%-0.61%6.99%2014: 0.741391420706506 annual %2015: 1.58979803702681 annual %2016: 2.00414129666575 annual %2017: 3.31472008175986 annual %2018: 2.94628343449202 annual %2019: 2.74568432648596 annual %2020: -8.20463159324387 annual %2021: 5.55875672070374 annual %2022: 6.98584137580278 annual %2023: 3.09998745904281 annual %2024: 2.21459232301109 annual %2025: 1.86448007464475 annual %20142025
View annual observations
YearValue (annual %)
20251.864
20242.215
20233.100
20226.986
20215.559
2020-8.205
20192.746
20182.946
20173.315
20162.004
20151.590
20140.741
World Bank source & definition ↗

Economy

GDP$346.64B2025 · current US$Source & definition ↗
Real GDP growth1.86%2025 · annual %Source & definition ↗
GDP per capita$32,081.812025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 574.23B2025 · current international $Source & definition ↗

People

Population10.8M2025 · peopleSource & definition ↗
Population growth1.03%2025 · annual %Source & definition ↗
Urban population61.50%2025 · % of populationSource & definition ↗
Life expectancy82.382024 · yearsSource & definition ↗
Unemployment · ILO estimate6.16%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+58.16%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing1.96%2025 · % of GDPSource & definition ↗
Industry including construction18.25%2025 · % of GDPSource & definition ↗
Services66.55%2025 · % of GDPSource & definition ↗
Manufacturing11.30%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services43.66%2025 · % of GDPSource & definition ↗
Imports of goods & services42.74%2025 · % of GDPSource & definition ↗
Current account balance2.08%2024 · % of GDPSource & definition ↗
Foreign direct investment · net inflows4.30%2024 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation2.34%2025 · annual %Source & definition ↗
Central government debt5.66%1994 · % of GDPSource & definition ↗
Tax revenue22.35%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector77.12%2024 · % of GDPSource & definition ↗
Total reserves including gold$68.84B2025 · current US$Source & definition ↗

Infrastructure

Internet use88.49%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area92,2302023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

Explore the methodology