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General profile: Portugal

GENERAL INFORMATION FOR 2024
Exchange rate
Population
Population
Exchange rates
GDP
GDP
10.425 Millions
0.924 EUR/US$
307 045 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(u) 91 606 km²
..
1.62 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+2.5 %
Merchandise exports growth rate in 2024
Total merchandise trade
(millions of US$)
2005
2010
2015
2024
Merchandise exports
38 150
49 406
55 047
85 737
Merchandise imports
61 184
77 749
66 914
116 295
Merchandise trade balance
-23 034
-28 343
-11 867
-30 557
Export structure by product group in 2024
(as % of total exports)
5 %5 %74 %74 %7 %7 %14 %14 %
Top 5 partners in 2024
(exports, millions of US$)
21 54310 24910 0635 5733 78421 54310 24910 0635 5733 784
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2024
Services exports
15 097
23 150
27 958
62 242
Services imports
9 483
14 766
14 203
27 700
Services trade balance
5 614
8 384
13 755
34 542
Services exports by main category²
(as % of total services)
2005
2010
2015
2024
Transport
19.9
25.4
23.4
18.3
Travel
50.8
43.5
46.1
48.1
Other services
23.8
27.5
27.6
31.4
TRADE INDICES
More data on UNCTADstat
109104103103971071051051021009593888783778791859796939697979899101100979695959810096101101
ECONOMIC TRENDS
More data on UNCTADstat
+1.6 %
Gross domestic product growth rate in 2024
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
GDP, current
197 254
238 444
199 039
307 045
GDP per capita, current US$
18 781
22 540
19 193
29 452
Real GDP growth, y-on-y, %
0.78
1.74
1.59
1.62
Current account balance, % of GDP
-9.60
-10.26
0.51
2.16
Exchange rate (/US$)
0.804
0.754
0.901
0.924
GDP by expenditure in 2023
(as % of total GDP)
61.816.820.547.346.461.816.820.547.346.4
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+2.5 %
FDI outflows as % of GDP in 2024
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
FDI inflows
3 011.21
2 149.90
9 245.77
14 058.92
FDI outflows
2 628.36
-10 036.88
5 092.89
7 821.35
Personal remittances, % of GDP
0.20
0.22
0.26
0.59
Financial flows trends
(millions of US$)
1 804.91 704.11 622.51 367.11 014.6838.1721.7583.1545.3516.8615.2564.7543.3631.4516.9598.2640.9610.0440.1386.6385.2384.0309.0342.1258.714 05911 51312 20410 4637 81412 7597 6747 1595 8749 2464 9968 7578 5476 4672 1501 4502 1043 0207 4713 0112 5617 9841 6306 1966 560FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2024
Balance, % of GDP
-8.54
-7.31
1.48
2.35
Balance, % of imports
-23.88
-19.47
3.71
5.27
Normalized balance
-0.136
-0.108
0.018
0.026
Trade openness²
(sum of imports and exports as % of GDP)
92941018676878785808181797674686172706963
LIVING AREA
Population by living area in 2024
(% of population)
Urban
68%Urban 68%Rural
32%Rural 32%
OTHER INDICATORS
More data on UNCTADstat
1.251 %
Share of the total world merchant fleet in 2024
Maritime transport indicators
 
2005
2010
2015
2024
Merchant fleet, national flag (thousands of DWT)
1 757
1 288
5 259
29 519
Container port throughput (TEU)
..
1 636 246
2 739 185
..
Information economy indicators
(as % of)
2005
2010
2015
2024
Share of ICT goods, % of total exports
8.21
3.74
2.42
3.70
Share of ICT goods, % of total imports
8.61
5.51
4.81
6.00
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
u
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 02 December 2025