| Source | World Bank : Nominal (current), Nominal (constant), PPP (current), PPP (constant) |
| IMF World Economic Outlook (April 2024) | |
| Date | 06 May 2024 |
According to the IMF World Economic Outlook (April 2024), Portugal's nominal GDP in 2024 is projected to be around $299 billion at current prices. Based on PPP, Portugal's GDP in 2024 is forecast at 486 billion international dollars.
Portugal has the 19th largest economy by GDP (nominal) and 17th by GDP (PPP) in Europe, the 48th largest by nominal GDP in the world, and 51st by GDP (PPP).
| Year | GDP (billions of $/Int. $) | |
|---|---|---|
| Nominal | PPP | |
| 2023 | 287.42 | 466.23 |
| 2024 | 298.95 | 485.74 |
| 2025 | 309.72 | 504.52 |
| 2026 | 321.83 | 524.31 |
| 2027 | 334.09 | 544.52 |
| 2028 | 346.81 | 565.36 |
| 2029 | 359.66 | 587.11 |
| Year | GDP Nominal (billions of $) | GDP PPP (billions Int. $) | Share (%) to World | Rank/Total | ||||
|---|---|---|---|---|---|---|---|---|
| Current | Constant (2015) | Current | Constant (2017) | Nominal | PPP | Nominal | PPP | |
| 1960 | 3.19 | 34.85 | - | - | 0.230 | - | 34/99 | - |
| 1961 | 3.42 | 36.78 | - | - | 0.236 | - | 33/101 | - |
| 1962 | 3.67 | 39.22 | - | - | 0.237 | - | 34/103 | - |
| 1963 | 3.91 | 41.52 | - | - | 0.234 | - | 35/103 | - |
| 1964 | 4.24 | 44.14 | - | - | 0.232 | - | 34/103 | - |
| 1965 | 4.69 | 47.44 | - | - | 0.235 | - | 35/112 | - |
| 1966 | 5.14 | 49.37 | - | - | 0.238 | - | 37/114 | - |
| 1967 | 5.74 | 53.10 | - | - | 0.249 | - | 34/117 | - |
| 1968 | 6.35 | 57.81 | - | - | 0.256 | - | 32/119 | - |
| 1969 | 6.97 | 59.04 | - | - | 0.254 | - | 33/119 | - |
| 1970 | 8.11 | 66.48 | - | - | 0.271 | - | 33/125 | - |
| 1971 | 9.20 | 70.89 | - | - | 0.278 | - | 31/127 | - |
| 1972 | 11.24 | 76.57 | - | - | 0.294 | - | 29/127 | - |
| 1973 | 15.09 | 85.15 | - | - | 0.324 | - | 30/127 | - |
| 1974 | 17.51 | 86.12 | - | - | 0.326 | - | 31/128 | - |
| 1975 | 19.35 | 82.38 | - | - | 0.324 | - | 32/130 | - |
| 1976 | 20.33 | 88.06 | - | - | 0.313 | - | 31/131 | - |
| 1977 | 21.44 | 93.00 | - | - | 0.292 | - | 33/134 | - |
| 1978 | 23.49 | 95.61 | - | - | 0.270 | - | 36/133 | - |
| 1979 | 26.62 | 101.01 | - | - | 0.265 | - | 37/134 | - |
| 1980 | 32.90 | 105.64 | - | - | 0.290 | - | 37/146 | - |
| 1981 | 31.98 | 107.35 | - | - | 0.273 | - | 39/149 | - |
| 1982 | 30.53 | 109.64 | - | - | 0.263 | - | 40/150 | - |
| 1983 | 27.24 | 109.45 | - | - | 0.230 | - | 42/151 | - |
| 1984 | 25.22 | 107.40 | - | - | 0.205 | - | 42/152 | - |
| 1985 | 27.12 | 110.41 | - | - | 0.210 | - | 42/154 | - |
| 1986 | 38.75 | 114.98 | - | - | 0.254 | - | 37/156 | - |
| 1987 | 48.18 | 122.32 | - | - | 0.277 | - | 36/160 | - |
| 1988 | 56.35 | 131.48 | - | - | 0.291 | - | 37/163 | - |
| 1989 | 60.59 | 139.95 | - | - | 0.299 | - | 35/163 | - |
| 1990 | 78.71 | 145.48 | 117.61 | 235.17 | 0.344 | 0.400 | 34/178 | 43/162 |
| 1991 | 89.23 | 151.83 | 126.89 | 245.45 | 0.374 | 0.409 | 31/178 | 40/164 |
| 1992 | 107.59 | 153.49 | 131.20 | 248.12 | 0.422 | 0.405 | 31/179 | 40/167 |
| 1993 | 95.01 | 150.35 | 131.57 | 243.05 | 0.367 | 0.389 | 32/181 | 41/168 |
| 1994 | 99.69 | 151.80 | 135.67 | 245.40 | 0.357 | 0.380 | 33/183 | 42/170 |
| 1995 | 118.12 | 158.30 | 144.45 | 255.91 | 0.380 | 0.383 | 33/192 | 42/180 |
| 1996 | 122.63 | 163.85 | 150.17 | 264.87 | 0.386 | 0.376 | 33/192 | 43/180 |
| 1997 | 117.02 | 171.06 | 159.61 | 276.53 | 0.370 | 0.378 | 34/192 | 43/181 |
| 1998 | 123.95 | 179.29 | 169.55 | 289.83 | 0.393 | 0.389 | 31/194 | 43/181 |
| 1999 | 127.47 | 186.29 | 181.04 | 301.15 | 0.389 | 0.395 | 32/195 | 43/182 |
| 2000 | 118.61 | 193.40 | 194.28 | 312.64 | 0.350 | 0.395 | 34/199 | 43/188 |
| 2001 | 121.60 | 197.16 | 202.37 | 318.72 | 0.362 | 0.392 | 35/201 | 43/189 |
| 2002 | 134.80 | 198.68 | 212.11 | 321.17 | 0.386 | 0.392 | 30/206 | 43/190 |
| 2003 | 165.23 | 196.83 | 218.09 | 318.19 | 0.422 | 0.382 | 30/206 | 42/190 |
| 2004 | 189.38 | 200.35 | 225.17 | 323.88 | 0.429 | 0.365 | 32/206 | 45/191 |
| 2005 | 197.25 | 201.92 | 238.69 | 326.41 | 0.413 | 0.359 | 33/206 | 45/191 |
| 2006 | 208.76 | 205.20 | 259.70 | 331.71 | 0.403 | 0.357 | 36/207 | 45/192 |
| 2007 | 240.50 | 210.34 | 271.34 | 340.03 | 0.412 | 0.344 | 36/207 | 47/192 |
| 2008 | 263.42 | 211.01 | 281.54 | 341.11 | 0.411 | 0.337 | 37/208 | 49/194 |
| 2009 | 244.67 | 204.43 | 279.63 | 330.46 | 0.402 | 0.332 | 36/208 | 48/195 |
| 2010 | 238.11 | 207.98 | 288.23 | 336.21 | 0.357 | 0.321 | 41/209 | 49/195 |
| 2011 | 245.12 | 204.45 | 282.62 | 330.50 | 0.332 | 0.295 | 42/212 | 52/196 |
| 2012 | 216.22 | 196.15 | 277.99 | 317.09 | 0.286 | 0.276 | 47/210 | 50/194 |
| 2013 | 226.43 | 194.34 | 292.14 | 314.17 | 0.292 | 0.277 | 48/211 | 50/196 |
| 2014 | 229.90 | 195.88 | 298.95 | 316.66 | 0.288 | 0.273 | 47/212 | 50/195 |
| 2015 | 199.39 | 199.39 | 307.23 | 322.33 | 0.265 | 0.275 | 45/210 | 50/195 |
| 2016 | 206.43 | 203.42 | 326.36 | 328.84 | 0.270 | 0.281 | 46/210 | 50/194 |
| 2017 | 221.36 | 210.55 | 340.37 | 340.37 | 0.272 | 0.278 | 46/210 | 51/194 |
| 2018 | 242.31 | 216.55 | 359.20 | 350.07 | 0.280 | 0.276 | 48/210 | 50/194 |
| 2019 | 239.99 | 222.36 | 383.67 | 359.46 | 0.274 | 0.281 | 48/209 | 49/194 |
| 2020 | 229.03 | 203.91 | 359.94 | 329.62 | 0.269 | 0.267 | 48/209 | 50/193 |
| 2021 | 253.98 | 215.13 | 378.29 | 347.76 | 0.262 | 0.255 | 49/203 | 52/193 |
| 2022 | 251.95 | 229.51 | 430.23 | 371.01 | 0.251 | 0.262 | 49/185 | 52/184 |