Portugal 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$289.11 billion
↑ 12.54% vs 2022GDP per Capita
$27,331.21
↑ 11.01% vs 2022GDP Growth (Annual %)
2.53%
↓ 4.46pp vs 2022Inflation Rate (CPI %)
4.31%
↓ 3.52pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $256.90 billion | $289.11 billion | +12.54% |
| GDP per Capita | $24,620.52 | $27,331.21 | +11.01% |
| GDP Growth (Annual %) | 6.99% | 2.53% | -4.46pp |
| Inflation (CPI %) | 7.83% | 4.31% | -3.52pp |
| Unemployment Rate (%) | 6.01% | 6.51% | +0.50pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $289.11 billion
- GDP per Capita
- $27,331.21
- GDP Growth (Annual %)
- 2.53%
- Gross National Income
- $281.75 billion
Prices & Employment
- Inflation (CPI %)
- 4.31%
- Inflation (GDP Deflator %)
- 6.90%
- Unemployment Rate (%)
- 6.51%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 0.56%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Portugal's Gross Domestic Product (GDP) is $289.11 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Portugal for 2023 is $27,331.21. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Portugal for 2023 is 4.31%. This measures the annual percentage change in the cost of consumer goods and services.
Portugal's annual GDP growth rate for 2023 is 2.53%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Portugal for 2023 is 6.51%. This represents the percentage of the labor force that is unemployed and actively seeking employment.