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Economy Snapshot

Portugal Economy and Trade

LisbonLocal time

GDP $346.64B · real growth 1.9% · latest verified annual data

Portugal's output measure stands at $346.64B in 2025; real GDP growth is listed separately at 1.9% for 2025. The per-person GDP figure is $32,082 (2025); the CPI series shows 2.3% for 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.

Nominal GDP
$346.64B
current US$ · 2025
World Bank
GDP per capita
$32,082
current US$ · 2025
Source listed below
Real GDP growth
1.9%
annual % · 2025
Source listed below
Inflation
2.3%
CPI annual % · 2025
Source listed below

Portugal at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$199.04B$346.64B
2015: $199.04B2016: $206.31B2017: $220.86B2018: $242.09B2019: $240.12B2020: $229.62B2021: $256.06B2022: $256.90B2023: $292.32B2024: $313.66B2025: $346.64B
GDP per capita$32,082
Real growth1.9%
GDP year2025
2025 Inflation
2.3%
CPI annual %
2025 Unemployment
6.2%
labor-market measure
2025 GDP per capita
$32,082
current US$

Macro signals

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20251.9%
Unemployment20256.2%
Inflation20252.3%
Understand the numbers

What Portugal's economic profile is telling you

Portugal recorded nominal GDP of about $346.64 billion in 2025, with real growth of 1.9 percent. Inflation was 2.3 percent and modeled unemployment 6.2 percent. Merchandise trade remains unavailable pending a clean matched-pair verification.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorPortugalReference periodStatus
GDPcurrent US$$346.64B2025Actual
GDP per capitacurrent US$$32,0822025Actual
Real GDP growthannual %1.9%2025Actual
InflationCPI annual %2.3%2025Actual
Unemploymentmodeled ILO estimate6.2%2025Estimate
Merchandise balancematched year requiredNot calculatedUnavailableUnavailable

Frequently Asked Questions

What is Portugal's latest GDP?

The verified GDP observation used here is $346.64B for 2025.

What does merchandise trade show for Portugal?

A matched merchandise export and import pair was not independently resolved on this page, so no goods balance is calculated.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise trade where independently resolved.