Portugal 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$229.62 billion
↓ 4.37% vs 2019GDP per Capita
$22,299.40
↓ 4.47% vs 2019GDP Growth (Annual %)
-8.20%
↓ 10.95pp vs 2019Inflation Rate (CPI %)
-0.01%
↓ 0.35pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $240.12 billion | $229.62 billion | -4.37% |
| GDP per Capita | $23,343.36 | $22,299.40 | -4.47% |
| GDP Growth (Annual %) | 2.75% | -8.20% | -10.95pp |
| Inflation (CPI %) | 0.34% | -0.01% | -0.35pp |
| Unemployment Rate (%) | 6.46% | 6.80% | +0.34pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $229.62 billion
- GDP per Capita
- $22,299.40
- GDP Growth (Annual %)
- -8.20%
- Gross National Income
- $225.47 billion
Prices & Employment
- Inflation (CPI %)
- -0.01%
- Inflation (GDP Deflator %)
- 2.10%
- Unemployment Rate (%)
- 6.80%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -0.63%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Portugal's Gross Domestic Product (GDP) is $229.62 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Portugal for 2020 is $22,299.40. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Portugal for 2020 is -0.01%. This measures the annual percentage change in the cost of consumer goods and services.
Portugal's annual GDP growth rate for 2020 is -8.20%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Portugal for 2020 is 6.80%. This represents the percentage of the labor force that is unemployed and actively seeking employment.