Portugal GDP Annual Growth Rate  1996-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Portugal expanded 1.30 percent in the fourth quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Portugal averaged 1.17 percent from 1996 until 2015, reaching an all time high of 5 percent in the second quarter of 1998 and a record low of -4.50 percent in the fourth quarter of 2012. GDP Annual Growth Rate in Portugal is reported by the Statistics Portugal.

Portugal GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.40 5.00 -4.50 1996 - 2015 percent Quarterly
Portuguese economy has made a significant change in manufacturing moving from high dependence on textiles, footwear and others to new sectors involving larger incorporation of technology: motor vehicles and components, electronics, pharmaceuticals and new technologies. However, Portuguese GDP contracted in 2009 (-3 percent), and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. In 2014 GDP returned to growth (+0.9 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by government expenditure (19 percent) and gross fixed capital formation (15 percent). Exports of goods and services account for 40 percent of GDP and imports account for 40 percent. This page provides - Portugal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-30 11:00 AM Q3 1.4% 1.6% 1.4% 1.4%
2016-02-12 09:30 AM Q4 1.2% 1.4% 1.4% 1.3%
2016-02-29 11:00 AM Q4 1.3% 1.4% 1.2% 1.2%
2016-05-13 08:30 AM Q1 1.3% 1.1% 1.2%
2016-05-30 10:00 AM Q1 1.3%
2016-08-15 08:30 AM Q2 0.74%

Portugal GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 0.00 3.30 -2.60 percent [+]
GDP Annual Growth Rate 1.30 1.40 5.00 -4.50 percent [+]
GDP 230.12 226.07 262.01 3.19 USD Billion [+]
GDP Constant Prices 42932.30 42835.00 45757.80 33671.10 EUR Million [+]
Gross Fixed Capital Formation 6694.60 6804.80 11235.50 6335.70 EUR Million [+]
GDP per capita 18300.44 18034.89 19489.27 3717.70 USD [+]
GDP per capita PPP 26054.61 25676.55 27747.17 20281.53 USD [+]
GDP From Agriculture 905.60 900.60 916.10 782.30 EUR Million [+]
GDP From Construction 1727.60 1681.70 3452.00 1607.20 EUR Million [+]
GDP From Manufacturing 5234.00 5210.10 5587.00 4093.80 EUR Million [+]
GDP From Services 7866.20 7852.90 7866.20 5326.50 EUR Million [+]
GDP From Transport 2969.00 2985.40 3261.20 1865.10 EUR Million [+]
GDP From Utilities 1008.00 1050.50 1315.00 777.80 EUR Million [+]
Gross National Product 45280.00 45778.00 46412.00 28400.00 EUR Million [+]




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