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Indicators of economy in Portugal

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.181 US Dollar per capita. The GDP in Portugal reached 23.252 US Dollar per capita. The gross national product has been at 23.200 US Dollar per capita. Portugal is therefore currently ranked 48 of the major economies.

Inflation in Portugal was in 2019 at around 0.34%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 18.90% lower.
The Corruption Perceptions Index for the public sector counts 62 and is compared to other countries moderate.


Back to overview: Portugal

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Portugal
Total
Portugal
per capita
EU
Total
EU
per capita
GDP238.79 bn USD23,252.06 USD15,626.45 tn USD30,381.17 USD
Gross national product238.20 bn USD23,195.49 USD16,026.52 tn USD31,158.99 USD


Portugal ranked 37th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 4 of the 2000 largest listed companies in the world originate from Portugal. This is determined annually in the "Forbes Global 2000" list. The 4 largest companies in the country were in 2020:

Rank 598: Edp-energias De Portugal (Lisbon)
Rank 1086: Jeronimo Martins (Lisbon)
Rank 1194: Galp Energia (Lisbon)
Rank 1642: Banco Comercial Portugues (Porto)

Development of the Gross domestic product in billion US Dollar 1979 - 2019


Household debt and deficits 2019


 Portugal
Total
Portugal
per capita
EU
Total
EU
per capita
Gross debt279.86 bn USD27,251.63 USD14,618.72 tn USD28,421.93 USD
Budget deficit-198.15 m USD-19.30 USD148.52 bn USD288.76 USD

Please note: A negative budget deficit equivalents to a surplus


Im- and Exports 2019

 Portugal
Total
Portugal
per capita
EU
Total
EU
per capita
Imports103.73 bn USD10,101.03 USD8,073.39 bn USD15,696.41 USD
Exports104.62 bn USD10,187.49 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 1979 - 2019

Exports
Imports