Portugal 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$296.44 billion
↑ 2.54% vs 2023GDP per Capita
$28,024.08
↑ 2.54% vs 2023GDP Growth (Annual %)
2.54%
↑ 0.01pp vs 2023Inflation Rate (CPI %)
2.42%
↓ 1.90pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $289.11 billion | $296.44 billion | +2.54% |
| GDP per Capita | $27,331.21 | $28,024.08 | +2.54% |
| GDP Growth (Annual %) | 2.53% | 2.54% | +0.01pp |
| Inflation (CPI %) | 4.31% | 2.42% | -1.90pp |
| Unemployment Rate (%) | 6.51% | 6.38% | -0.13pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $296.44 billion
- GDP per Capita
- $28,024.08
- GDP Growth (Annual %)
- 2.54%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 2.42%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 6.38%
- 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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Portugal's Gross Domestic Product (GDP) is $296.44 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Portugal for 2024 is $28,024.08. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Portugal for 2024 is 2.42%. This measures the annual percentage change in the cost of consumer goods and services.
Portugal's annual GDP growth rate for 2024 is 2.54%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Portugal for 2024 is 6.38%. This represents the percentage of the labor force that is unemployed and actively seeking employment.