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Portugal Economic Statistics (2026)

1980

2026

2031

Source: IMF World Economic Outlook · Updated May 2026

1980

2026

2031

What to know

Portugal produces $52,841 per person (PPP) in 2026, a high-income economy. The economy is worth about $381 billion in total. Over the preceding five years it has grown at about 3.6% a year. Inflation is 3.1% and unemployment 5.9%. Government debt is 86% of GDP and falling. Its current account is in surplus, at 0.5% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$52,841

GDP growth

+1.9%

Inflation rate

3.1%

Unemployment

5.9%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

Total GDP is $381 billion, with slow growth of 1.9% in 2026.

Living Standards

GDP per capita is $52,841 in purchasing power terms ($35,434 nominal).

Prices & Employment

The economy is experiencing moderate inflation at 3.1% and moderate unemployment at 5.9%.

Government Finances

Government debt is elevated at 86% of GDP. The government spends more than it collects (revenue: 43.8%, expenditure: 43.9% of GDP).

External & Fiscal Balance

The country is running a fiscal deficit of 0.1% of GDP and a current-account surplus of 0.5% of GDP.

The bottom line

Portugal is a high-income economy with GDP per capita (PPP) of $52,841.

Source: IMF World Economic Outlook · Updated May 2026

What to know

Portugal produces $52,841 per person (PPP) in 2026, a high-income economy. The economy is worth about $381 billion in total. Over the preceding five years it has grown at about 3.6% a year. Inflation is 3.1% and unemployment 5.9%. Government debt is 86% of GDP and falling. Its current account is in surplus, at 0.5% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$52,841

GDP growth

+1.9%

Inflation rate

3.1%

Unemployment

5.9%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

The bottom line

Portugal is a high-income economy with GDP per capita (PPP) of $52,841.

Spain

What to know

Key statistics for 2026

The bottom line

Spain

What to know

Key statistics for 2026

The bottom line