Portugal recorded a Current Account deficit of 1.20 percent of the country's Gross Domestic Product in 2020. source: Banco de Portugal
Current Account to GDP in Portugal averaged -4.22 percent from 1980 until 2020, reaching an all time high of 3.10 percent in 1986 and a record low of -14.70 percent in 1981. This page provides - Portugal Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Current Account to GDP - values, historical data and charts - was last updated on July of 2021.
Current Account to GDP in Portugal is expected to reach -0.80 percent by the end of 2021, 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 -0.40 percent in 2022 and 0.10 percent in 2023, according to our econometric models.