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Foreign Trade In Services (As % of GDP) rose 14.7% to 20.6% in Portugal in 2021

Foreign Trade In Services (As % of GDP) (%), 2021
Economy | Portugal | February 1, 2023
$2.99
Excel Sheet

Foreign trade in services as a share of GDP rose 14.7% to 20.6% in Portugal in 2021, according to the National Statistical Office.

Historically, foreign trade in services as a share of GDP in Portugal reached an all time high of 24.9% in 2019 and an all time low of 7.31% in 1976. When compared to Portugal's main peers, foreign trade in services as a share of GDP in France amounted to 18.9%, 137% in Ireland, 16.8% in Morocco and 13.5% in Spain in 2021.

Portugal has been ranked 51st within the group of 139 countries we follow in terms of foreign trade in services as a share of GDP, 21 places above the position seen 10 years ago.

Foreign Trade In Services (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Algeria % ... ... ... ... 8.73% 8.94% 8.46% 8.61% 7.67%
Belgium % ... 46.1% 45.0% 46.3% 45.7% 46.3%
Canada % 12.2% 12.6% 12.5% 13.2% 13.7%
France % 20.0% 20.1% 20.1% 20.6% 20.6%
Germany % 17.3% 17.6% 18.2% 18.4% 18.8%
Iceland % 41.0% 41.4% 40.6% 40.7% 37.2%
Ireland % 106% 123% 123% 120% 145%
Italy % 11.0% 11.0% 11.7% 11.9% 12.2%
Mauritania % ... ... ... ... ... ... ... ... ... ... ... 14.4% 13.7% 13.3% 11.4% 12.4%
Morocco % 20.5% 21.3% 22.9% 22.9% 22.5%
Portugal % 20.9% 21.4% 23.3% 24.0% 24.9%
Spain % 15.4% 15.9% 16.5% 16.7% 17.4%
Tunisia % 13.9% 14.1% 15.0% 16.6% 17.2%
United Kingdom % 21.2% 22.5% 23.7% 24.9% 25.0%