| Source | World Bank : Nominal (current), Nominal (constant), PPP (current), PPP (constant) |
| IMF World Economic Outlook (April 2024) | |
| Date | 31 Aug 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 (2021) | Nominal | PPP | Nominal | PPP | |
| 1960 | 3.34 | 35.97 | - | - | 0.245 | - | 34/104 | - |
| 1961 | 3.57 | 37.96 | - | - | 0.248 | - | 34/106 | - |
| 1962 | 3.84 | 40.47 | - | - | 0.249 | - | 33/108 | - |
| 1963 | 4.08 | 42.85 | - | - | 0.245 | - | 33/108 | - |
| 1964 | 4.43 | 45.56 | - | - | 0.242 | - | 33/108 | - |
| 1965 | 4.90 | 48.96 | - | - | 0.246 | - | 34/116 | - |
| 1966 | 5.37 | 50.95 | - | - | 0.249 | - | 33/117 | - |
| 1967 | 6.00 | 54.80 | - | - | 0.262 | - | 31/120 | - |
| 1968 | 6.64 | 59.66 | - | - | 0.268 | - | 31/121 | - |
| 1969 | 7.29 | 60.93 | - | - | 0.266 | - | 32/121 | - |
| 1970 | 8.11 | 66.48 | - | - | 0.270 | - | 32/141 | - |
| 1971 | 9.20 | 70.89 | - | - | 0.277 | - | 30/142 | - |
| 1972 | 11.24 | 76.57 | - | - | 0.293 | - | 28/142 | - |
| 1973 | 15.09 | 85.15 | - | - | 0.324 | - | 29/142 | - |
| 1974 | 17.51 | 86.12 | - | - | 0.327 | - | 30/142 | - |
| 1975 | 19.35 | 82.38 | - | - | 0.323 | - | 31/145 | - |
| 1976 | 20.33 | 88.06 | - | - | 0.312 | - | 30/145 | - |
| 1977 | 21.44 | 93.00 | - | - | 0.291 | - | 33/148 | - |
| 1978 | 23.49 | 95.61 | - | - | 0.270 | - | 35/147 | - |
| 1979 | 26.62 | 101.01 | - | - | 0.263 | - | 37/148 | - |
| 1980 | 32.90 | 105.64 | - | - | 0.288 | - | 36/155 | - |
| 1981 | 31.98 | 107.35 | - | - | 0.271 | - | 38/156 | - |
| 1982 | 30.53 | 109.64 | - | - | 0.262 | - | 39/158 | - |
| 1983 | 27.24 | 109.45 | - | - | 0.228 | - | 43/159 | - |
| 1984 | 25.22 | 107.40 | - | - | 0.203 | - | 43/161 | - |
| 1985 | 27.12 | 110.41 | - | - | 0.208 | - | 43/163 | - |
| 1986 | 38.75 | 114.98 | - | - | 0.252 | - | 36/163 | - |
| 1987 | 48.18 | 122.32 | - | - | 0.276 | - | 35/169 | - |
| 1988 | 56.35 | 131.48 | - | - | 0.288 | - | 36/172 | - |
| 1989 | 60.59 | 139.95 | - | - | 0.298 | - | 35/173 | - |
| 1990 | 78.71 | 145.48 | 117.52 | 271.16 | 0.345 | 0.397 | 34/188 | 43/186 |
| 1991 | 89.23 | 151.83 | 126.80 | 283.00 | 0.375 | 0.407 | 31/188 | 40/187 |
| 1992 | 107.59 | 153.49 | 131.11 | 286.08 | 0.422 | 0.403 | 31/191 | 40/188 |
| 1993 | 95.01 | 150.35 | 131.47 | 280.24 | 0.366 | 0.388 | 32/195 | 41/188 |
| 1994 | 99.69 | 151.80 | 135.57 | 282.94 | 0.357 | 0.379 | 33/196 | 42/189 |
| 1995 | 118.12 | 158.30 | 144.35 | 295.06 | 0.379 | 0.383 | 34/199 | 42/190 |
| 1996 | 122.63 | 163.85 | 150.12 | 305.40 | 0.385 | 0.376 | 34/199 | 43/190 |
| 1997 | 117.02 | 171.06 | 159.58 | 318.84 | 0.369 | 0.377 | 35/199 | 43/192 |
| 1998 | 123.95 | 179.29 | 169.54 | 334.17 | 0.391 | 0.388 | 32/201 | 43/192 |
| 1999 | 127.47 | 186.29 | 181.04 | 347.22 | 0.389 | 0.395 | 32/202 | 43/192 |
| 2000 | 118.61 | 193.40 | 194.26 | 360.48 | 0.351 | 0.394 | 34/203 | 43/194 |
| 2001 | 121.60 | 197.16 | 202.39 | 367.48 | 0.362 | 0.392 | 35/204 | 43/194 |
| 2002 | 134.80 | 198.68 | 212.11 | 370.31 | 0.386 | 0.392 | 30/208 | 43/195 |
| 2003 | 165.23 | 196.83 | 218.09 | 366.87 | 0.422 | 0.381 | 30/208 | 42/195 |
| 2004 | 189.38 | 200.35 | 225.18 | 373.43 | 0.429 | 0.364 | 32/208 | 45/195 |
| 2005 | 197.25 | 201.92 | 238.69 | 376.35 | 0.413 | 0.358 | 33/208 | 45/195 |
| 2006 | 208.76 | 205.20 | 259.72 | 382.47 | 0.403 | 0.356 | 36/209 | 45/196 |
| 2007 | 240.50 | 210.34 | 271.37 | 392.05 | 0.412 | 0.344 | 36/209 | 47/196 |
| 2008 | 263.42 | 211.01 | 281.54 | 393.31 | 0.411 | 0.337 | 37/210 | 49/199 |
| 2009 | 244.67 | 204.43 | 279.62 | 381.03 | 0.403 | 0.332 | 36/210 | 48/200 |
| 2010 | 238.11 | 207.98 | 288.19 | 387.65 | 0.358 | 0.321 | 40/210 | 49/200 |
| 2011 | 245.12 | 204.45 | 282.62 | 381.07 | 0.331 | 0.295 | 42/213 | 52/201 |
| 2012 | 216.22 | 196.15 | 277.99 | 365.61 | 0.286 | 0.276 | 48/211 | 50/199 |
| 2013 | 226.43 | 194.34 | 292.14 | 362.24 | 0.291 | 0.276 | 49/211 | 50/200 |
| 2014 | 229.90 | 195.88 | 298.95 | 365.11 | 0.288 | 0.272 | 48/212 | 50/199 |
| 2015 | 199.39 | 199.39 | 307.23 | 371.65 | 0.265 | 0.273 | 45/210 | 50/199 |
| 2016 | 206.43 | 203.42 | 326.36 | 379.16 | 0.270 | 0.278 | 46/210 | 50/198 |
| 2017 | 221.36 | 210.55 | 340.37 | 392.45 | 0.271 | 0.275 | 46/210 | 51/199 |
| 2018 | 242.31 | 216.55 | 359.20 | 403.63 | 0.280 | 0.273 | 48/210 | 50/199 |
| 2019 | 239.99 | 222.36 | 389.29 | 414.46 | 0.273 | 0.279 | 48/210 | 49/199 |
| 2020 | 229.03 | 203.91 | 369.41 | 380.06 | 0.268 | 0.266 | 48/209 | 50/198 |
| 2021 | 255.54 | 215.60 | 401.86 | 401.86 | 0.262 | 0.258 | 48/208 | 52/198 |
| 2022 | 255.20 | 230.32 | 463.07 | 429.30 | 0.252 | 0.269 | 49/202 | 51/194 |
| 2023 | 287.08 | 235.53 | 513.20 | 439.01 | 0.272 | 0.278 | 48/186 | 51/184 |