Real GDP Growth: Portugal
Portugal's real gdp growth is currently 2.1% as of 2026. # Portugal Real GDP Growth Portugal's real GDP growth stands at 2.
Current (2026)
2.1%
+10.5% y/y
Peak (1990)
7.9%
Low (2020)
-8.2%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Real GDP Growth — Portugal
1980 — 2026
Real GDP Growth — Portugal
Analysis# Portugal Real GDP Growth
Portugal's real GDP growth stands at 2.1% in 2026, representing a substantial decline from its all-time peak of 7.9% in 1990. The country has experienced a dramatic 68.7% contraction in growth rates since 1980, reflecting decades of economic deceleration. Current growth remains modest, exceeding only the catastrophic -8.2% contraction recorded in 2020 during the pandemic.
The 2020 downturn marked a severe inflection point, followed by a sharp recovery to 5.6% in 2021 and 7% in 2022—the strongest performance in three decades. However, growth has since stabilized at historically low levels, declining from 2.6% in 2023 to 1.9% in both 2024 and 2025 before a marginal uptick to 2.1%. The trajectory suggests Portugal's economy faces structural headwinds, with near-term forecasts indicating continued modest expansion rather than a return to stronger growth rates.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 1.7% | +6.25% |
| 2029 | 1.6% | +0.00% |
| 2028 | 1.6% | +6.67% |
| 2027 | 1.5% | -28.57% |
| 2026 | 2.1% | +10.53% |
| 2025 | 1.9% | +0.00% |
| 2024 | 1.9% | -26.92% |
| 2023 | 2.6% | -62.86% |
| 2022 | 7.0% | +25.00% |
| 2021 | 5.6% | +168.29% |
| 2020 | -8.2% | -403.70% |
| 2019 | 2.7% | -6.90% |
| 2018 | 2.9% | -12.12% |
| 2017 | 3.3% | +65.00% |
| 2016 | 2.0% | +25.00% |
| 2015 | 1.6% | +128.57% |
| 2014 | 0.7% | +170.00% |
| 2013 | -1.0% | +75.61% |
| 2012 | -4.1% | -141.18% |
| 2011 | -1.7% | -200.00% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 1.7% | +154.84% |
| 2009 | -3.1% | -1133.33% |
| 2008 | 0.3% | -88.00% |
| 2007 | 2.5% | +56.25% |
| 2006 | 1.6% | +100.00% |
| 2005 | 0.8% | -55.56% |
| 2004 | 1.8% | +300.00% |
| 2003 | -0.9% | -212.50% |
| 2002 | 0.8% | -57.89% |
| 2001 | 1.9% | -50.00% |
| 2000 | 3.8% | -2.56% |
| 1999 | 3.9% | -18.75% |
| 1998 | 4.8% | +9.09% |
| 1997 | 4.4% | +25.71% |
| 1996 | 3.5% | +52.17% |
| 1995 | 2.3% | +53.33% |
| 1994 | 1.5% | +314.29% |
| 1993 | -0.7% | -122.58% |
| 1992 | 3.1% | -8.82% |
| 1991 | 3.4% | -56.96% |
| 1990 | 7.9% | +19.70% |
| 1989 | 6.6% | +24.53% |
| 1988 | 5.3% | -30.26% |
| 1987 | 7.6% | +130.30% |
| 1986 | 3.3% | +106.25% |
| 1985 | 1.6% | +260.00% |
| 1984 | -1.0% | -200.00% |
| 1983 | 1.0% | -54.55% |
| 1982 | 2.2% | -37.14% |
| 1981 | 3.5% | -47.76% |
| 1980 | 6.7% | — |
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