Overview

Economic indicators for Portugal: GDP per capita, GDP growth, unemployment, inflation and public debt. Time series are loaded from official World Bank and Eurostat APIs.

Beyond GDP (Multi-Dimensional)

GDP per capita (current US$)

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Latest year –

GDP growth (annual %)

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Latest year –

Unemployment rate (%)

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Inflation (consumer prices, %)

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Latest year –

Government debt (% of GDP)

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Latest year –

Current account balance (% of GDP)

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Foreign direct investment (% of GDP)

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Latest year –

Gross savings (% of GDP)

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Latest year –

R&D expenditure (% of GDP)

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Latest year –

Youth unemployment, 15-24 (%)

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GDP per capita over time

Current US$ (World Bank – WDI)

GDP per capita in Portugal has increased steadily since the mid-2010s, with a visible dip in 2020 and a recovery afterwards.

Unemployment rate over time

Annual average (% of labor force) · Portugal vs Spain vs Euro area

Portugal started the period with higher unemployment, but converged downwards and now tends to sit below Spain and closer to the Euro area average.

Inflation over time

Consumer prices (annual %)

Inflation remained low for several years and then spiked around 2022, reflecting the energy and supply-chain shocks, before easing again.

Government debt over time

General government gross debt (% of GDP) · Portugal vs Spain vs Euro area (Eurostat)

Portugal and Spain entered COVID-19 with higher debt ratios than the Euro area average; more recently Portugal shows a faster downward adjustment.

Structure of value added by sector

Agriculture, industry and services (% of GDP)

The Portuguese economy is clearly services-dominated; industry keeps a relatively stable share and agriculture remains small but persistent.

Youth unemployment over time

Ages 15-24 (% of labor force) · Portugal vs Spain vs Euro area

Youth unemployment in Portugal has fallen significantly from its 2013 peak, and now sits closer to the Euro area average, though still above it.

External balance indicators

Current account balance and FDI inflows (% of GDP)

Portugal shifted from a deficit to a surplus in its current account around 2013. FDI has fluctuated but shows an upward trend in recent years.

Current account balance

Percent of GDP

Portugal moved from deficits into surplus after 2013, reflecting improved external competitiveness and tourism inflows.

Foreign direct investment

Percent of GDP

FDI flows are volatile year to year but trend upward as Portugal attracts technology and energy projects.

GDP growth over time

Real GDP annual change (%)

Growth collapsed in 2020, rebounded sharply in 2021-2022, and is now easing toward its long-run trend.

Gross savings over time

Percent of GDP

Portugal's savings rate has gradually improved since 2015, providing more domestic funding for investment.

R&D expenditure over time

Share of GDP

Investment in research and development is edging higher but still trails the EU average, leaving room for innovation gains.

Correlation Matrix

Pearson correlations between Portugal's economic indicators

Click any cell to see scatter plot

Positive correlation
Negative correlation
Strong (|r| ≥ 0.7)
How to interpret correlations

The correlation coefficient (r) measures the linear relationship between two indicators. Values range from -1 (perfect negative) to +1 (perfect positive). Green cells show positive correlations (indicators move together), red cells show negative correlations (indicators move inversely). Strong correlations (|r| ≥ 0.7) are highlighted with a border.

About this dashboard

This dashboard displays key economic indicators for Portugal, with comparisons to Spain and the Euro area where relevant. Data is sourced from the World Bank's World Development Indicators (WDI) API and Eurostat for government debt, and is updated annually.

All series are annual averages. If the API is unavailable, fallback values are used to keep the dashboard functional. This tool is intended for quick visual comparison and general reference—it is not a substitute for official statistics or detailed economic analysis.