Portugal: economy and key statistics
Portugal is number 46 in the 311 Nations Index, with a GDP of $346.6 billion in 2025. GDP per person is $32,082. The economy grew by 1.9% in 2025. Unemployment is 6.2%. The economy is 67% services, 18% industry, 2% agriculture. In 311 Institute directories: 129 R&D labs, 2 startups, 4 investors.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
Portugal is number 41 in the 311 National Power Index, scoring 46.6 out of 100: economic 68, technology 27, military 34 and human capital 62.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $346.6 billion | 2025 |
| GDP (purchasing power) | $574.2 billion | 2025 |
| GDP per person | $32,082 | 2025 |
| Economic growth | +1.9% | 2025 |
| Inflation | 2.3% | 2025 |
| Unemployment | 6.2% | 2025 |
| Population | 10.8 million | 2025 |
| Labour force | 5.5 million | 2025 |
| Services share of GDP | 67% | 2025 |
| Industry share of GDP | 18% | 2025 |
| Manufacturing share of GDP | 11% | 2025 |
| Agriculture share of GDP | 2% | 2025 |
| Exports share of GDP | 44% | 2025 |
| Foreign direct investment | 4.3% of GDP | 2024 |
| High-tech share of manufactured exports | 7% | 2024 |
| R&D spending | 1.69% of GDP | 2023 |
| Internet users | 88% of people | 2024 |
R&D labs
Startups in Portugal
Investors in Portugal
Main export industries
Portugal exported goods worth about $82.7bn in 2024. Its biggest export industries:
- Vehicles: $10.1bn (12.2% of goods exports)
- Electrical machinery and equipment: $7.2bn (8.7% of goods exports)
- Mineral fuels, mineral oils and products of their distillation: $5.8bn (7.0% of goods exports)
- Machinery and mechanical appliances, boilers, nuclear reactors: $5.1bn (6.2% of goods exports)
- Plastics and articles thereof: $3.7bn (4.5% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Europe
- Germany (#3)
- United Kingdom (#5)
- France (#7)
- Russia (#8)
- Italy (#9)
- Spain (#12)
- Türkiye (#16)
- Netherlands (#18)
- Switzerland (#20)
- Poland (#21)
- Belgium (#22)
- Ireland (#23)
- Sweden (#25)
- Austria (#28)
- Norway (#31)
Questions and answers
How big is the economy of Portugal?
Portugal had a GDP of $346.6 billion in 2025, ranking number 46 in the 311 Nations Index.
What is GDP per person in Portugal?
GDP per person in Portugal was $32,082 in 2025.
How fast is the economy of Portugal growing?
The economy of Portugal grew by 1.9% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
© 311 Institute 2026. Facts from Wikidata (CC0) and the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.