Points Frog guide
Portugal vs Spain
Spain's GDP per person at PPP is 1.13 times Portugal's, and a dollar goes 7% further in Portugal.
Compare two countries
A UN member state, or a continent's average.
The page updates.
In US dollars, spent in each country.
$100 spent in Portugal buys about what
$107
buys in Spain, at purchasing power parity
And $100 in Spain buys what $93.57 buys in Portugal. Prices across Portugal's economy average 94% of Spain's, so a dollar goes 7% further in Portugal.
| Measure | Portugal | Spain |
|---|---|---|
| Economy | ||
| Population | 10.8 million | 49.4 million |
| GDPUS dollars, market exchange rates | $347 billion | $1.91 trillion |
| GDP per personUS dollars | $32,082 | $38,627 |
| GDP per person at PPPInternational dollars | $53,146 | $59,868 |
| Prices | ||
| Price levelUS prices = 100% | 60% | 65% |
| A US dollar goes as far as | $1.66 in the US | $1.55 in the US |
| Income | ||
| Median income or consumptionPer person, international dollars | $33.68 a day2023 survey · $12,293 a year · income | $47.30 a day2023 survey · $17,265 a year · income |
More figures: GDP at PPP, conversion factor and GNI
| Measure | Portugal | Spain |
|---|---|---|
| GDP at PPPInternational dollars | $574 billion | $2.95 trillion |
| PPP conversion factorLocal currency per international dollar | 0.5342Euro | 0.5710Euro |
| GNI per person, Atlas methodUS dollars | $29,930 | $37,120 |
| GNI per person at PPPInternational dollars | $52,240 | $59,830 |
World Bank income groups: Portugal, high income; Spain, high income.
- Portugal
- Spain
Year-by-year table
| Year | Portugal | Spain |
|---|---|---|
| 2025 | $42,577 | $49,318 |
| 2024 | $42,228 | $48,460 |
| 2023 | $41,768 | $47,323 |
| 2022 | $41,071 | $46,733 |
| 2021 | $38,658 | $44,252 |
| 2020 | $36,852 | $41,553 |
| 2019 | $40,188 | $46,896 |
| 2018 | $39,124 | $46,325 |
| 2017 | $37,943 | $45,446 |
| 2016 | $36,636 | $44,275 |
| 2015 | $35,803 | $43,054 |
| 2014 | $35,097 | $41,339 |
| 2013 | $34,652 | $40,595 |
| 2012 | $34,805 | $41,034 |
| 2011 | $36,127 | $42,272 |
| 2010 | $36,703 | $42,696 |
| 2009 | $36,093 | $42,852 |
| 2008 | $37,292 | $44,926 |
| 2007 | $37,226 | $45,301 |
| 2006 | $36,388 | $44,573 |
| 2005 | $35,870 | $43,571 |
| 2004 | $35,658 | $42,793 |
| 2003 | $35,115 | $42,223 |
| 2002 | $35,579 | $41,766 |
| 2001 | $35,500 | $41,224 |
| 2000 | $35,070 | $39,946 |
World Bank figures, updated October 8, 2026. An educational estimate, not financial advice.
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<script async src="https://www.pointsfrog.com/embed.js"></script>Portugal vs Spain: questions
Is Portugal richer than Spain?
Portugal's GDP per person at purchasing power parity was $53,146 in 2025, 89% of Spain's $59,868, so Spain is the richer of the two by this measure. At market exchange rates, GDP per person was $32,082 in Portugal and $38,627 in Spain. Portugal ranks 40th and Spain 32nd of the 186 countries with figures.
How far does a dollar go in Portugal compared with Spain?
Prices across Portugal's economy averaged 94% of Spain's in 2025, so $100 spent in Portugal buys about what $107 buys in Spain, and a dollar goes 7% further in Portugal. Against the United States, prices averaged 60% of US prices in Portugal and 65% in Spain. The World Bank's PPP conversion factor was 0.5342 (Euro) per international dollar in Portugal and 0.5710 (Euro) in Spain.
How big is Portugal's economy compared with Spain's?
In 2025, Portugal's GDP was $347 billion at market exchange rates and $574 billion at PPP; Spain's GDP was $1.91 trillion at market exchange rates and $2.95 trillion at PPP. At market rates Portugal's economy is 18% of Spain's, and at PPP 19%. Portugal has 10.8 million people and Spain 49.4 million.
Do people earn more in Portugal or Spain?
In 2025, gross national income per person by the World Bank's Atlas method was $29,930 in Portugal and $37,120 in Spain; at PPP it was $52,240 and $59,830. The World Bank classes both as high income. In household surveys, the median person's income was $33.68 a day ($12,293 a year) in Portugal, from a 2023 survey, and $47.30 a day ($17,265 a year) in Spain, from a 2023 survey, in 2021 international dollars.
How has GDP per person changed since 2000?
After inflation, GDP per person at PPP grew 21% in Portugal from 2000 to 2025, 0.8% a year, and grew 23% in Spain, 0.8% a year. Portugal's was 88% of Spain's in 2000 and 86% in 2025.
What is purchasing power parity (PPP)?
A rate that converts money between countries by what it buys rather than by the exchange rate. An international dollar buys in any country what a US dollar buys in the United States. The World Bank's International Comparison Program prices the same goods and services around the world to set these rates, so GDP at PPP compares how much economies actually produce, without exchange rate swings or price gaps.
What's the difference between GDP and GNI?
GDP is the value of everything produced inside a country. GNI, gross national income, adds income residents earn abroad and takes away income sent to foreign owners and workers. They differ most where foreign companies or workers take a large share, as in Ireland or Luxembourg, so GNI per person is closer to what a country's residents earn.
What is the World Bank Atlas method?
A way of converting GNI to US dollars that averages a country's exchange rate over three years, adjusted for inflation, so one year's currency swing doesn't jump it from one income group to another. The World Bank uses it to sort countries into low, lower-middle, upper-middle and high income each July.
Why is the median income missing or old for some countries?
Median income or consumption comes from household surveys, which most countries run every few years and some haven't run in a long time. Many lower-income countries measure what households spend rather than what they earn. This page shows the latest survey from the past 15 years in the World Bank's Poverty and Inequality Platform, with its year, and says when there isn't one.
Where do these figures come from?
From the World Bank's World Development Indicators, last updated October 8, 2026, with figures through 2025, and median income or consumption from its Poverty and Inequality Platform (September 22, 2026 release). Each figure is the latest the World Bank has for that country, from 2015 on; an older one is left out. The IMF publishes its own estimates, which usually differ by a few percent.
Is this comparison financial advice?
No. It's an educational comparison of official statistics. A country's average price level covers its whole economy, so your own costs in either place depend on where you live and what you buy.
How does the comparison work?
- GDP and GNI in US dollars use market exchange rates; at PPP they use the World Bank's purchasing power parities, in international dollars.
- The price level is a country's GDP at market rates divided by its GDP at PPP: its prices against US prices, across the whole economy, not just what households buy. What $100 buys elsewhere is $100 times the ratio of the two price levels.
- GNI per person uses the Atlas method, the measure behind the World Bank's income groups.
- The chart is GDP per person at PPP in constant 2021 international dollars, so it shows growth after inflation.
- Figures: World Development Indicators, updated October 8, 2026; median income or consumption: Poverty and Inequality Platform, September 22, 2026 release. Series: GDP, GDP at PPP, GDP per person at PPP, PPP conversion factor, GNI per person (Atlas), GNI per person at PPP.