Portugal recorded a Current Account surplus of 0.50 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Portugal averaged -4.65 percent from 1980 until 2017, reaching an all time high of 3.10 percent in 1986 and a record low of -14.70 percent in 1981.

Current Account to GDP in Portugal is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Current Account to GDP is projected to trend around 0.50 percent in 2020, according to our econometric models.

Portugal Current Account to GDP
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Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1203.00 -1728.00 3.55 -2524.87 EUR Million [+]
Exports 4728.70 4045.08 5306.86 1.69 EUR Million [+]
Imports 5931.64 5773.35 6867.74 0.00 EUR Million [+]
Current Account 166.54 532.67 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 228.71 1347.53 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment -940.86 1375.91 6288.10 -3307.52 EUR Million [+]
Remittances 325.95 300.08 515.40 153.66 EUR Million [+]
Tourism Revenues 1778.22 2196.02 2196.02 199.98 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 4451477.00 5002274.00 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 to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Portugal Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.60 3.10 -14.70 1980 - 2017 percent Yearly




Country Last
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


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