Portugal — IMF Forecasts
| Year | Projected Value |
|---|---|
| 2026 | 1.90 |
| 2027 | 1.80 |
| 2028 | 1.80 |
| 2029 | 1.70 |
| 2030 | 1.60 |
| 2031 | — |
| Year | Projected Value |
|---|---|
| 2026 | 1.90 |
| 2027 | 1.80 |
| 2028 | 1.80 |
| 2029 | 1.70 |
| 2030 | 1.60 |
| 2031 | — |
9 IMF World Economic Outlook rounds · April 2021 to April 2025
The IMF has published 9 World Economic Outlook rounds carrying a projection for Portugal in 2026, running from April 2021 to April 2025. Each round restates the same year, so the distance between the first estimate and the latest is a record of how the institution changed its mind.
Real GDP growth for 2026 was first put at 1.7% in April 2021 and stands at 1.7% as of April 2025, a total revision of 0.0% cut. The single largest move came between October 2024 and April 2025, when the projection shifted by 0.3%.
Across the same rounds, inflation (average cpi) raised from 1.6% to 2.1%; unemployment rate lowered from 6.5% to 6.3%; government gross debt lowered from 110.6 % of GDP to 87.9 % of GDP; and current account balance raised from 0.3 % of GDP to 1.5 % of GDP.
| Indicator | First estimate | Latest | Revision | Path |
|---|---|---|---|---|
Real GDP growth 9 rounds from April 2021 | 1.7% | 1.7% | -0.0% | |
Inflation (average CPI) 9 rounds from April 2021 | 1.6% | 2.1% | +0.5% | |
Unemployment rate 9 rounds from April 2021 | 6.5% | 6.3% | -0.2% | |
Government gross debt 9 rounds from April 2021 | 110.6 % of GDP | 87.9 % of GDP | -22.6 % of GDP | |
Current account balance 9 rounds from April 2021 | 0.3 % of GDP | 1.5 % of GDP | +1.3 % of GDP | |
GDP, current prices 9 rounds from April 2021 | $322.6bn | $336.3bn | +$13.7bn |
Source: IMF World Economic Outlook, every archived release. Figures are the projection each round published for 2026, not a later restatement. Rounds that did not carry an indicator are omitted rather than interpolated, so a shorter path means fewer published estimates. Portugal overview · methodology
The section above shows one target year. The full panel is all 9 IMF releases against every year they projected, so you can read a whole forecast history as a grid rather than a single slice. Included with Data Pro and API Pro, and available as one CSV covering all countries.
No key yet? The whole panel is also in the bulk download, and the endpoint is documented in the API docs.