Makrognosis

Portugal GDP Growth Rate (YoY %)

QuarterlySeasonally adjustedCode PT.GDPGR.Q.SA

Latest2.4%Q3 2026
Previous2.6%Q2 2026
Year ago2.1%Q3 2025

Portugal GDP Growth Rate (YoY %) was 2.4% in Q3 2026, down 0.2 percentage points from Q2 2026 and up 0.3 percentage points from a year earlier.

Among the 8 economies Makrognosis covers on this measure, it is the 4th lowest.

Over the past ten years it has ranged from −17.6% (Q2 2020) to 16.5% (Q2 2021), averaging 2.4%.

Portugal GDP Growth Rate (YoY %) (% y/y), Q1 1996 – Q3 2026−20%−10%0%10%20%200020052010201520202025Robomacro
Portugal GDP Growth Rate (YoY %) (% y/y), Q1 1996 – Q3 2026. Source: INE_PT.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
Q3 20262.4%
Q2 20262.6%
Q1 20262.4%
Q4 20251.9%
Q3 20252.1%
Q2 20251.8%
Q1 20251.8%
Q4 20243.0%
Q3 20242.7%
Q2 20242.6%
Q1 20242.4%
Q4 20232.7%
Q3 20232.6%
Q2 20233.6%
Q1 20233.5%
Q4 20223.8%
Q3 20225.0%
Q2 20227.5%
Q1 202212.1%
Q4 20217.2%
Q3 20215.5%
Q2 202116.5%
Q1 2021−5.4%
Q4 2020−6.7%

Last 24 observations. The full history (123 observations) is available through the API.

Get Portugal GDP Growth Rate (YoY %) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/PT.GDPGR.Q.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PT.GDPGR.Q.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ3 2026
First observationQ1 1996
Observations123
FrequencyQuarterly
Units% y/y
AdjustmentSeasonally adjusted
10-year high16.5% (Q2 2021)
10-year low−17.6% (Q2 2020)
10-year average2.4%
Source agencyINE_PT
Makrognosis codePT.GDPGR.Q.SA

GDP Growth Rate (YoY %): how Portugal compares

#EconomyPeriodLatest
1Hong KongQ1 20253.6%
2PeruQ1 20263.6%
3South KoreaQ3 20263.5%
4United StatesQ3 20263.4%
5PortugalQ3 20262.4%
6MexicoQ3 20260.9%
7SwedenQ3 20260.4%
8BelgiumQ3 20260.3%

GDP Growth Rate (YoY %) by country: all 8 economies ranked →

Other Portugal indicators

Portugal GDP (Gross Domestic Product)Portugal Gross domestic product, Current prices, million EURPortugal Inflation Rate (CPI)Portugal Core Inflation RatePortugal Unemployment RatePortugal 10-Year Government Bond YieldPortugal Credit Rating & Sovereign Risk ScorePortugal Industrial ProductionPortugal Retail SalesPortugal Current account balance (BPM6, vs rest of world), not seasonally adjustedPortugal Current account balance, % of GDPPortugal Trade Balance: Goods & ServicesPortugal Exports of goods and services, Current prices, million EURPortugal Exports of goods and services, chain-linked volumePortugal Exports of goods, total trade (World), seasonally adjustedPortugal Imports of goods and services, Current prices, million EUR

FAQ

What is the current gDP Growth Rate (YoY %) in Portugal?
The latest reading is 2.4% for Q3 2026, published by INE_PT.
Where does this data come from?
It is collected directly from INE_PT and is available through the Makrognosis API under the code PT.GDPGR.Q.SA.

Last updated 2026-11-12. Source: INE_PT. Original title: “Portugal real GDP growth, y/y % (chain-linked volume, seasonally and calendar adjusted), as published incl. flash estimate (INE 0013431)”.