Portugal

Portugal's US$ GDP jumped 10.5% to US$346.6 billion in 2025, but real growth was only +1.9%; the gap of 8.7 percentage points was mostly exchange-rate and price effects. The country held 47th place, between Chile and Peru, and is about the size of the Detroit, MI metro area.

Services make up 66.6% of output and industry 18.3%, with manufacturing at 11.3% of GDP and agriculture at 2.0%. Inflation was 2.3% and unemployment 6.2%. Government gross debt stands at 89.7% of GDP, according to the IMF.

Over the longer run Portugal has lost ground: it ranked 35th in 2000, and its economy has grown 2.9 times since then, from US$118.6 billion. GDP per capita of US$32,082 ranks 47th of 196, and 46th in PPP terms at $53,146 international dollars. The IMF projects GDP of US$442.3 billion by 2030, up 28%, which would place Portugal 48th.