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Economy of Portugal vs Tajikistan compared: GDP & Debt

Updated on by Georank

Portugal has a GDP of $347B compared to $17.7B for Tajikistan, ranking 46/197 and 140/197 by economy size, respectively.

Portugal has $312B in government debt (89.9% of GDP), compared to $3.82B (21.6% of GDP) in Tajikistan.

Portugal vs Tajikistan GDP by year

Portugal
Tajikistan
1x
Year GDP, current $
Portugal Tajikistan
2025 $346,639,825,142 $17,660,626,562
2024 $313,656,884,871 $14,425,113,700
2023 $292,323,800,949 $12,244,169,293
2022 $256,898,677,175 $10,713,525,200
2021 $256,055,879,091 $8,937,805,347
2020 $229,618,773,423 $8,133,963,551
2019 $240,115,970,063 $8,300,813,599
2018 $242,092,894,543 $7,764,999,999
2017 $220,862,990,767 $7,536,402,853
2016 $206,305,431,242 $6,992,416,097
2015 $199,038,523,120 $8,271,431,485
2014 $230,078,616,300 $9,112,605,459
2013 $226,677,408,292 $8,448,411,318
2012 $216,536,676,772 $7,633,036,903
2011 $245,426,767,676 $6,522,756,255
2010 $238,443,864,993 $5,642,221,099
2009 $244,667,762,836 $4,979,472,364
2008 $263,416,394,624 $5,161,299,725
2007 $240,496,147,317 $3,719,524,541
2006 $208,756,449,276 $2,830,213,849
2005 $197,253,876,705 $2,312,352,021
2004 $189,382,122,532 $2,076,176,869
2003 $165,226,175,537 $1,555,318,261
2002 $134,795,565,549 $1,221,106,220
2001 $121,604,107,165 $1,080,772,551
2000 $118,605,192,877 $860,541,842
1999 $127,470,385,557 $1,086,612,290
1998 $123,946,327,916 $1,320,199,582
1997 $117,016,535,163 $921,518,033
1996 $122,630,089,680 $1,043,654,822
1995 $118,122,007,430 $1,231,561,860
1994 $99,688,641,304 $1,522,001,206
1993 $95,009,751,901 $1,646,623,195
1992 $107,592,098,307 $1,908,554,572
1991 $89,233,599,278 $2,536,585,366
1990 $78,713,860,217 $2,629,395,066
1989 $60,594,092,182 -
1988 $56,347,250,696 -
1987 $48,182,925,857 -
1986 $38,745,901,354 -
1985 $27,115,807,742 -
1984 $25,217,969,050 -
1983 $27,239,650,742 -
1982 $30,527,754,793 -
1981 $31,977,276,873 -
1980 $32,896,519,824 -
1979 $26,622,819,672 -
1978 $23,487,614,051 -
1977 $21,439,523,311 -
1976 $20,332,831,565 -
1975 $19,347,607,843 -
1974 $17,512,391,476 -
1973 $15,090,564,186 -
1972 $11,239,117,865 -
1971 $9,201,604,240 -
1970 $8,108,235,704 -
1969 $7,287,555,035 -
1968 $6,644,693,214 -
1967 $6,002,607,030 -
1966 $5,370,108,031 -
1965 $4,901,711,248 -
1964 $4,429,202,657 -
1963 $4,084,251,593 -
1962 $3,835,883,663 -
1961 $3,573,719,085 -
1960 $3,339,150,158 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/portugal/tajikistan | CC BY

GDP per capita in Portugal vs Tajikistan by year

Portugal
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Portugal Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,082 - $1,637 -
2024 $29,328 $51,680 $1,362 $5,406
2023 $27,635 $49,353 $1,178 $4,964
2022 $24,621 $45,250 $1,052 $4,514
2021 $24,711 $38,658 $897 $3,986
2020 $22,299 $35,967 $834 $3,654
2019 $23,343 $37,866 $871 $3,460
2018 $23,541 $34,897 $834 $3,069
2017 $21,442 $32,971 $829 $3,017
2016 $19,980 $31,589 $789 $2,914
2015 $19,216 $29,608 $957 $2,975
2014 $22,121 $28,765 $1,082 $3,152
2013 $21,676 $27,966 $1,028 $2,919
2012 $20,593 $26,476 $952 $2,679
2011 $23,247 $26,803 $834 $2,456
2010 $22,552 $27,292 $737 $2,291
2009 $23,151 $26,472 $665 $2,171
2008 $24,949 $26,666 $703 $2,120
2007 $22,811 $25,738 $517 $1,966
2006 $19,839 $24,677 $401 $1,810
2005 $18,780 $22,725 $334 $1,673
2004 $18,064 $21,476 $306 $1,550
2003 $15,798 $20,850 $233.6 $1,396
2002 $12,937 $20,357 $187 $1,257
2001 $11,735 $19,529 $168.7 $1,139
2000 $11,526 $18,883 $136.9 $1,036
1999 $12,475 $17,718 $175 $947
1998 $12,199 $16,688 $213.7 $905
1997 $11,576 $15,789 $150.1 $855
1996 $12,185 $14,922 $172 $836
1995 $11,781 $14,406 $207 $1,006
1994 $9,977 $13,578 $261.3 $1,148
1993 $9,535 $13,202 $287.6 $1,454
1992 $10,811 $13,182 $338 $1,721
1991 $8,959 $12,739 $458 $2,417
1990 $7,885 $11,780 $487 $2,583
1989 $6,056 - - -
1988 $5,624 - - -
1987 $4,804 - - -
1986 $3,862 - - -
1985 $2,705 - - -
1984 $2,523 - - -
1983 $2,735 - - -
1982 $3,080 - - -
1981 $3,246 - - -
1980 $3,368 - - -
1979 $2,756 - - -
1978 $2,457 - - -
1977 $2,267 - - -
1976 $2,173 - - -
1975 $2,128 - - -
1974 $2,000 - - -
1973 $1,748 - - -
1972 $1,302 - - -
1971 $1,065 - - -
1970 $934 - - -
1969 $832 - - -
1968 $752 - - -
1967 $676 - - -
1966 $601 - - -
1965 $545 - - -
1964 $490 - - -
1963 $452 - - -
1962 $426 - - -
1961 $400 - - -
1960 $377 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/portugal/tajikistan | CC BY

Portugal's GDP per capita is $32,082, ranking 43/197, compared to $1,637 in Tajikistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Portugal ranks 42nd at $51,680, while Tajikistan ranks 157th at $5,406.

Economic indicators

Portugal Tajikistan
Gross domestic product
$347B
2025
$17.7B
2025
GDP rank
46/197
2025
140/197
2025
GDP growth
1.86%
2024-2025
8.4%
2024-2025
GDP per capita
$32,082
2025
$1,637
2025
GDP per capita rank
43/197
2025
163/197
2025
GDP per capita, PPP
$51,680
2024
$5,406
2024
GDP per capita PPP rank
42/197
2024
157/197
2024
Government debt
$312B
2025
$3.82B
2025
Debt-to-GDP ratio
89.9%
2025
21.6%
2025
Government debt per person
$28,843
2025
$354
2025
Government debt per person rank
26/185
2025
174/185
2025
Average annual personal income after taxes
$16,647
2026
$1,705
2026
Market capitalization of domestic companies
$61.9B
2018
n/a
Number of millionaires
181,000
2026
n/a
Number of billionaires
1
2026
n/a
Income share by richest 10%
26.9%
2023
28.2%
2024
Income share by poorest 10%
2.7%
2023
2.9%
2024
Government expenditure, % of GDP
43.7%
2025
29.3%
2025
Consumer prices inflation
2.34%
2024-2025
3.4%
2024-2025
Central bank interest rate n/a
7%
2026
Unemployment rate
6%
2025
0.08%
2016
Population
10788071
11080415

Spending and national debt comparison by year

Portugal
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Portugal Tajikistan
Government spending Government debt Government spending Government debt
2025 43.7% 89.9% 29.3% 21.6%
2024 42.5% 93.5% 27.2% 24.9%
2023 41.9% 96.9% 28% 29.9%
2022 43.9% 111.2% 27.4% 31.8%
2021 47.3% 123.9% 27.6% 42%
2020 49.1% 134.1% 29.2% 50.9%
2019 42.5% 116.1% 28.8% 43.2%
2018 43.3% 121.1% 30.9% 46.3%
2017 45.5% 126% 33.8% 46.3%
2016 44.9% 131.2% 32.7% 42.2%
2015 48.2% 131% 31.9% 35%
2014 51.7% 132.5% 27.5% 27.9%
2013 50% 130.8% 27.7% 29.3%
2012 48.8% 128.6% 24.7% 32.5%
2011 50% 114% 24.3% 35.5%
2010 51.9% 100.1% 25.9% 36.8%
2009 50.3% 87.8% 23.6% 36.9%
2008 45.5% 75.6% 20.2% 30.2%
2007 44.6% 72.7% 20.3% 34.3%
2006 45.2% 73.7% 21.6% 36.8%
2005 46.7% 72.2% 22.9% 45.8%
2004 46% 67.1% 20.2% 49.4%
2003 45.3% 63.9% 19.1% 69.8%
2002 44.2% 60% 19.1% 98.3%
2001 44.1% 57.4% 17.3% 99.4%
2000 42.8% 54.2% 18.1% 111.4%
1999 42.5% 55.4% 17.5% 107.8%
1998 42.6% 55.6% 17.1% 96.6%
1997 42.4% 58.7% - -
1996 43% 63.3% - -
1995 42.6% 62.2% - -
1994 42.8% 60.4% - -
1993 46.5% 57.2% - -
1992 48.2% 58.1% - -
1991 45.9% 63.9% - -
1990 42.2% 60.2% - -
1989 36.2% 55.4% - -
1988 36.2% 56.8% - -
1987 37.5% 57.2% - -
1986 38.9% 59.8% - -
1985 37.5% 59.4% - -
1984 34.6% 51.3% - -
1983 34.7% 46.7% - -
1982 35.8% 43% - -
1981 35.3% 39.3% - -
1980 32.4% 31% - -
1979 30.8% 35.2% - -
1978 31.7% 31.4% - -
1977 35.1% 26.9% - -
1976 38.2% 24.5% - -
1975 31.9% 19.2% - -
1974 25.8% 13.5% - -
1973 25.7% 13.6% - -
1972 22.8% 14.5% - -
1971 15.5% 15.7% - -
1970 15.5% 16.5% - -
1969 14.9% 16.8% - -
1968 14.3% 17.2% - -
1967 14.1% 18.5% - -
1966 14.4% 20.2% - -
1965 13.4% 20.4% - -
1964 13.9% 21.9% - -
1963 14.6% 20.8% - -
1962 14.5% 18.7% - -
1961 14.6% 17.1% - -
1960 14.3% 16.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/portugal/tajikistan | CC BY

In 2025, Portugal's government spending was $152B, accounting for 43.7% of its GDP, while Tajikistan spent $5.17B, or 29.3% of GDP.

Debt-to-GDP ratio is 89.9% in Portugal and 21.6% in Tajikistan, ranking 30/185 and 171/185, respectively.

Government deficit by year

Deficit/surplus
Portugal

Tajikistan
1x
Year Deficit/surplus, % of GDP
Portugal Tajikistan
2025 0.31% -1.79%
2024 0.5% 0.32%
2023 1.26% -0.92%
2022 -0.31% -0.23%
2021 -2.83% -0.64%
2020 -5.75% -4.34%
2019 0.12% -2.04%
2018 -0.43% -2.69%
2017 -3% -5.65%
2016 -1.94% -2.91%
2015 -4.37% -1.96%
2014 -7.32% 0.92%
2013 -5.21% -0.73%
2012 -6.2% 0.41%
2011 -7.73% 0.6%
2010 -11.4% -2.71%
2009 -9.87% -0.2%
2008 -3.81% 1.94%
2007 -2.91% 2.13%
2006 -4.06% 2%
2005 -6.05% -2.83%
2004 -5.91% -2.32%
2003 -5.57% -1.74%
2002 -3.7% -2.4%
2001 -4.68% -2.11%
2000 -3.32% -4.51%
1999 -2.93% -4.03%
1998 -4.3% -5.09%
1997 -3.65% -
1996 -4.63% -
1995 -5.14% -
1994 -7.37% -
1993 -8.06% -
1992 -5.19% -
1991 -7.93% -
1990 -6.82% -
1989 -2.86% -
1988 -3.52% -
1987 -6.79% -
1986 -7.45% -
1985 -8.35% -
1984 -5.23% -
1983 -4.86% -
1982 -7.02% -
1981 -8.34% -
1980 -6.92% -
1979 -6.08% -
1978 -7.15% -
1977 -7.5% -
1976 -10.2% -
1975 -7.1% -
1974 -3.2% -
1973 -5.39% -
1972 -7.72% -
1971 -0.23% -
1970 -0.24% -
1969 -1.53% -
1968 -1.24% -
1967 -0.46% -
1966 -2% -
1965 -0.03% -
1964 -1.93% -
1963 -3.33% -
1962 -1.69% -
1961 -3.17% -
1960 -3.13% -
1959 -1.73% -
1958 -0.52% -
1957 0.08% -
1956 -0.18% -
1955 -0.31% -
1954 -0.58% -
1953 -0.35% -
1952 -0.34% -
1951 0.94% -
1950 -0.83% -
1949 -0.46% -
1948 -2.04% -
1947 -1.65% -
1946 -2.32% -
1945 -2.38% -
1944 -1.44% -
1943 0.03% -
1942 -0.35% -
1941 -0.08% -
1940 -1.74% -
1939 -0.73% -
1938 -0.08% -
1937 -0.09% -
1936 0.08% -
1935 0.75% -
1934 0.6% -
1933 -0.07% -
1932 -0.03% -
1931 0.04% -
1930 0.79% -
1929 1.86% -
1928 0.2% -
1927 -2.27% -
1926 -4.21% -
1925 -1.48% -
1924 -3.16% -
1923 -3.47% -
1922 -10% -
1921 -6.5% -
1920 -5.66% -
1919 -8.83% -
1918 -8.3% -
1917 -5.49% -
1916 - -
1915 - -
1914 - -
1913 -0.34% -
1912 -0.02% -
1911 -0.73% -
1910 -0.19% -
1909 -0.82% -
1908 -0.56% -
1907 -0.69% -
1906 -0.45% -
1905 -0.75% -
1904 -0.26% -
1903 -0.91% -
1902 -0.5% -
1901 -0.69% -
1900 -0.35% -
1899 -0.77% -
1898 -0.5% -
1897 -0.93% -
1896 -1.35% -
1895 -0.2% -
1894 -0.16% -
1893 -0.02% -
1892 -0.8% -
1891 -2.15% -
1890 -2.01% -
1889 -1.95% -
1888 -2.14% -
1887 -0.67% -
1886 -1.43% -
1885 -1.68% -
1884 -1.48% -
1883 -1.1% -
1882 -0.39% -
1881 -1.2% -
1880 -1.63% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/portugal/tajikistan | CC BY

In 2025, Portugal's government surplus, the difference between spending and revenue, was $1.07B, equivalent to 0.31% of GDP. This compares to Tajikistan's deficit of $316M, or 1.79% of GDP.

Over the past 28 years, Portugal recorded a fiscal deficit in 24 of those years, while Tajikistan ran a deficit in 21 years. On average, Portugal posted an annual deficit equal to 3.98% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Portugal

Tajikistan
1x
Year Consumer prices inflation
Portugal Tajikistan
2025 2.34% 3.4%
2024 2.42% 3.5%
2023 4.31% 3.7%
2022 7.83% 6.6%
2021 1.27% 9%
2020 -0.01% 8.6%
2019 0.34% 7.8%
2018 0.99% 3.8%
2017 1.37% 7.3%
2016 0.61% 5.9%
2015 0.49% 5.8%
2014 -0.28% 6.1%
2013 0.27% 5%
2012 2.77% 5.8%
2011 3.65% 12.4%
2010 1.4% 6.5%
2009 -0.84% 6.4%
2008 2.59% 20.4%
2007 2.45% 13.2%
2006 3.11% 10%
2005 2.28% 7.3%
2004 2.37% 7.2%
2003 3.22% 16.4%
2002 3.6% 12.2%
2001 4.37% 38.6%
2000 2.85% 32.9%
1999 2.34% 27.5%
1998 2.57% 43.2%
1997 2.34% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/portugal/tajikistan | CC BY

Over the past 29 years, Portugal has recorded an average annual inflation rate of 2.17%, compared with 14.6% in Tajikistan. In 2025, inflation was 2.34% in Portugal and 3.4% in Tajikistan.

Top exports between countries

Portugal
Export category Export value
Machinery & equipment $2.77M
Metals $212K
Raw materials & minerals $35K
Textiles & consumer goods $6K
Tajikistan
Export category Export value
Animal & marine products $836K

Balance of trade

Portugal Tajikistan
Current account balance
$6.51B
2024
$3.02B
2025
Current account balance ranking
30/190
2024
38/190
2025
Current account balance, % of GDP
+2.08%
2024
+17.1%
2025
Goods imports
$109B
2024
$7.45B
2025
Goods exports
$81.4B
2024
$1.95B
2025
Service imports
$27.9B
2024
$1.14B
2025
Service exports
$62.7B
2024
$168M
2025
Imports of goods and services, % of GDP
42.7%
2025
47.9%
2024
Exports of goods and services, % of GDP
43.7%
2025
11.2%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Portugal Tajikistan
Economic freedom 71.2 52.5
Economic freedom ranking 33/197 147/197
Property rights 88.9 28.4
Government integrity 63.4 18.5
Judicial effectiveness 90.1 10.1
Tax burden 60.6 94.2
Government spending 44.6 77
Fiscal health 82 98.6
Business freedom 83.1 60.6
Labor freedom 54.8 43.4
Monetary freedom 77.7 72.6
Trade freedom 79.4 72.2
Investment freedom 70 25
Financial freedom 60 30

Economic freedom comparison by year

Portugal
Tajikistan
1x
Year Economic freedom index
Portugal Tajikistan
2026 71.2 52.5
2025 70.5 51.5
2024 68.7 51.3
2023 69.5 50.6
2022 70.8 49.7
2021 67.5 55.2
2020 67 52.2
2019 65.3 55.6
2018 63.4 58.3
2017 62.6 58.2
2016 65.1 51.3
2015 65.3 52.7
2014 63.5 52
2013 63.1 53.4
2012 63 53.4
2011 64 53.5
2010 64.4 53
2009 64.9 54.6
2008 63.9 54.4
2007 64 53.6
2006 62.9 52.6
2005 62.4 50.4
2004 64.9 48.7
2003 64.9 46.5
2002 65.4 47.3
2001 66 46.8
2000 65.5 44.8
1999 65.6 41.2
1998 65 41.1
1997 63.6 -
1996 64.5 -
1995 62.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/portugal/tajikistan | CC BY

The Economic Freedom Index for Portugal is 71.2, ranking 33/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Portugal Tajikistan
Services, % of GDP
66.6%
2025
36.5%
2024
Industry, % of GDP
18.3%
2025
32.4%
2024
Agriculture, forestry, and fishing, % of GDP
1.96%
2025
23.1%
2024
GNI, Atlas method
$323B
2025
$22.4B
2025
GNI per capita, PPP
$52,240
2025
$8,240
2025
Total reserves including gold
$68.8B
2025
$4.31B
2025
Total reserves ranking
39/177
2025
109/177
2025
Net foreign direct investment
-$6.64B
2024
$8.2M
2025
Net inflows of foreign direct investment
$13.5B
2024
$291M
2024
Net outflows of foreign direct investment
$6.84B
2024
$101M
2024
Servicing debt to the IMF, % of GNI n/a
3.04%
2024
Poverty at national poverty lines
16.4%
2021
19.8%
2024
Gross capital formation, % of GDP
21%
2025
32.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/portugal/tajikistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.