Portugal Current Account  1996-2018 | Data | Chart | Calendar | Forecast

Portugal’s current account surplus narrowed to EUR 770.3 million in July of 2018 from EUR 825.5 million in the corresponding month of the previous year. The primary income deficit widened to EUR 476.9 million from EUR 262.6 million a year ago and the secondary income surplus went up to EUR 212.2 million from EUR 181.6 million, with workers remittances declining to EUR 289.8 million from EUR 324 million. Also, the goods deficit rose to EUR 1,009.7 million from EUR 942.8 million while the services surplus increased to EUR 2,044.7 million from EUR 1,849.3 million, as tourism revenues rose further to EUR 1,584.6 million from EUR 1,442.7 million in July of 2017. Current Account in Portugal averaged -781.68 EUR Million from 1996 until 2018, reaching an all time high of 1105.17 EUR Million in July of 2016 and a record low of -2590.60 EUR Million in June of 2010.

Portugal Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-18 10:30 AM Current Account €-1159.6M €-314.5M €-1420M
2018-08-21 10:00 AM Current Account €-529.2M €-1159.6M €-25M
2018-09-19 10:15 AM Current Account €770.3M €-529.2M €891M
2018-10-18 10:30 AM Current Account €770.3M €1051M
2018-11-21 11:30 AM Current Account €451M
2018-12-19 11:30 AM Current Account €465M


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1709.02 -1184.22 3.55 -2524.87 EUR Million [+]
Exports 4057.92 5308.28 5308.28 1.69 EUR Million [+]
Imports 5766.94 6492.50 6855.93 0.00 EUR Million [+]
Current Account 770.32 -529.17 1105.17 -2590.60 EUR Million [+]
Current Account to GDP 0.50 0.60 3.10 -14.70 percent [+]
External Debt 411679.63 410196.09 421132.40 56392.07 EUR Million [+]
Capital Flows 1189.38 -199.50 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment 346.83 758.81 6288.10 -3307.52 EUR Million [+]
Remittances 336.37 288.63 515.40 153.66 EUR Million [+]
Tourism Revenues 2011.34 1432.93 2011.34 199.98 EUR Million [+]
Gold Reserves 382.50 382.50 606.76 382.48 Tonnes [+]
Terrorism Index 0.00 0.06 1.85 0.00 [+]
Tourist Arrivals 4669325.00 4174599.00 5241544.00 88000.00 [+]
Weapons Sales 56.00 172.00 172.00 0.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Portugal Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Portugal Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Portugal Current Account - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
770.32 -529.17 1105.17 -2590.60 1996 - 2018 EUR Million Monthly
Current Prices, NSA




current account by Country
Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil -717.20 Aug/18
Canada -15880.00 Jun/18
China 53.29 Jun/18
Euro Area 31.93 Jul/18
France -1609.00 Aug/18
Germany 15300.00 Aug/18
India -15807.13 Jun/18
Indonesia -8028.00 Jun/18
Italy 8607.00 Jul/18
Japan 1838.40 Aug/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 8439.80 Aug/18
Spain 107.00 Jul/18
Switzerland 22143.83 Jun/18
Turkey 2592.00 Aug/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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