40 years of Portugal in Europe

GDP per capita in

Portugal

GDP per capita

28,390€

GDP per capita in 2025

The 19th highest position in the
European Union ranking

Position among the 27 European Union countries

Since 1995, Portugal's per capita GDP has ranked between 15th and 19th in the EU.

Germany

Germany

53,520€

GDP per capita in 2025

8th position

Spain

Spain

34,210€

GDP per capita in 2025

14th position

France

France

43,350€

GDP per capita in 2025

10th position

Italy

Italy

38,310€

GDP per capita in 2025

12th position

GDP per capita ranking

GDP per capita ranking

GDP at purchasing power parity (PPP)

Portugal's GDP per capita is

18.7%

below the European Union average

Portugal

10th

lowest among the 27 EU countries.

Real GDP per capita growth rate

Real GDP per capita recorded its largest decline ( -8.50 %) in 2020 and its largest increase ( 6.40 %) in 2022. Over the 30 years analysed, it decreased in 6 years.

Comparator

Portugal

vs

Portugal
Latvia

Labour productivity in Portugal

In 2024, each worker contributed 47.73 thousands of euros, which placed the country in 19th position in the ranking.

Labour productivity reflects each worker’s contribution to GDP.

Productivity

2024

47.73

thousands of euros

The 19th highest position in the
European Union ranking

Between 1995 and 2024 its worst position was 20th and its best position was 16th.

Labour productivity ranking

Labour productivity ranking

(thousands of euros)

The three sectors with the highest productivity in 2024

Electricity, gas, steam and air conditioning supply

Electricity, gas, steam and air conditioning supply

383.32

thousands of euros

7th highest position
in the European ranking

Real estate activities

Real estate activities

354.89

thousands of euros

21st highest position
in the European ranking

Financial and insurance activities

Financial and insurance activities

181.21

thousands of euros

9th highest position
in the European ranking

The three sectors with the highest real productivity growth since 2015

Financial and insurance activities

Financial and insurance activities

6.9%

Average annual growth
between 2015 and 2024

Agriculture, forestry and fishing

Agriculture, forestry and fishing

4.6%

Average annual growth
between 2015 and 2024

Manufacture of basic metals; manufacture of fabricated metal products, except machinery and equipment

Manufacture of basic metals; manufacture of fabricated metal products, except machinery and equipment

2.8%

Average annual growth
between 2015 and 2024

Exports

Exports

in 2024

45.8%

of GDP

The 8th best position of the
European Union ranking

Imports

Imports

in 2024

43.9%

of GDP

The 7th best position of the
European Union ranking

Evolution of exports and imports in Portugal

(% of GDP)

In the 65 years under analysis, exports exceeded imports in 9 years and exceeded them by more than 5 percentage points in 0 years.

Exports
Imports

Trade balance between exports and imports

Balance Portugal

2024

1.9%

of GDP

The balance of
trade in goods
and services was

positive

Ranking of the balance of trade in goods and services

Ranking of the balance of trade in goods and services

(% of GDP)

The pattern over the past two decades shows that the balance has more often been negative, with the goods balance always negative and the services balance always positive

Balance between revenue and expenditure

Public expenditure

Public expenditure

2024

42.8%

of GDP

Revenue

Revenue

2024

43.5%

of GDP

Balance

0.7%

surplus

as a percentage of GDP

The lowest among the 6 countries that had a surplus.

Germany

Germany

2.85 %

deficit

as a percentage of GDP

Spain

Spain

3.2 %

deficit

as a percentage of GDP

France

France

5.8 %

deficit

as a percentage of GDP

Italy

Italy

3.4 %

deficit

as a percentage of GDP

Ranking of the balance between revenue and expenditure

Ranking of the balance between revenue and expenditure

(% of GDP)

The sectors where Portugal recorded the highest spending (2024)

Social protection

Social protection

16.6%

relative to GDP

15th position in the European ranking

Health

Health

6.7%

relative to GDP

12th position in the European ranking

Public administration

Public administration

5.8%

relative to GDP

8th position in the European ranking

Year of highest and lowest spending in each sector

(% of GDP)

Lowest spending
Highest spending

Social
protection

Social
protection

1995

2013

Health

Health

1995

2009

General public
services

General public
services

2022

1995

Economic
affairs

Economic
affairs

2016

2014

Education

Education

2023

2010

Public order
and safety

Public order
and safety

1995

2009

Defence

Defence

2019

2010

Recreation
and sport

Recreation
and sport

2015

1999

Environmental
protection

Environmental
protection

1995

2021

Housing

Housing

2011

1997

Simulator

where Portugal
spends the most

Apart from Social Protection, what was the other main area of government spending?

Select a year

Result:

Public debt as a percentage of GDP in Portugal

Dívida pública

2024

94.9%

Public debt as a share of GDP

Corresponding to the 6th position
in the European ranking

Evolution of public debt in Portugal

Between 2000 and 2024, Portugal’s public debt exceeded GDP 12 times

Public debt ranking

Public debt ranking

Source: EUROSTAT

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