Portugal Current Account  1996-2017 | Data | Chart | Calendar | Forecast

The Portuguese current account surplus widened sharply to EUR 973.2 million in August 2017 from EUR 568.0 million in the same month a year ago, as the services surplus increased to EUR 2,063.1 million from EUR 1,859.5 million, with tourism revenues rising to EUR 2,004.3 million from EUR 1,763.6 million. In addition, the secondary income surplus rose to EUR 310.1 million from EUR 73.7 million in August 2016 and the primary income deficit fell to EUR 288.9 million from EUR 353.8 million. Meanwhile, the goods deficit went up to EUR 1,111.2 million from EUR 1,011.4 million a year ago. Considering January to August, the current account surplus narrowed to EUR 340 million from a EUR 680 million in the same period of 2016. Current Account in Portugal averaged -809.42 EUR Million from 1996 until 2017, reaching an all time high of 1100.99 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
2017-08-21 10:30 AM Current Account €12.8M €-1376.2M € -362M
2017-09-20 10:30 AM Current Account €787.3M €12.8M € 951M
2017-10-19 10:30 AM Current Account €973.2M €787.3M €464M
2017-11-21 11:00 AM Current Account €973.2M €551M
2017-12-20 11:30 AM Current Account €650M


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1180.99 -1293.23 3.55 -2524.87 EUR Million [+]
Exports 4648.32 3944.38 5241.04 1.69 EUR Million [+]
Imports 5829.31 5237.61 6278.74 0.00 EUR Million [+]
Current Account 973.15 787.31 1100.99 -2590.60 EUR Million [+]
Current Account to GDP 0.80 0.10 3.10 -14.70 percent [+]
External Debt 406576.00 402624.84 421132.40 56392.07 EUR Million [+]
Capital Flows 1627.24 1260.74 1936.87 -2366.47 EUR Million [+]
Foreign Direct Investment 33.81 388.78 6288.10 -3307.52 EUR Million [+]
Remittances 297.75 364.74 515.40 153.66 EUR Million [+]
Tourism Revenues 2004.34 1836.32 2004.34 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Terrorism Index 0.06 0.27 1.85 0.00 [+]
Tourist Arrivals 4640945.00 5234589.00 5234589.00 88000.00 [+]
Weapons Sales 169.00 7.00 169.00 1.00 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
973.15 787.31 1100.99 -2590.60 1996 - 2017 EUR Million Monthly
Current Prices, NSA




current account by Country
Country Last
Australia -9562.00 Jun/17
Brazil 434.00 Sep/17
Canada -16319.00 Jun/17
China 371.00 Sep/17
Euro Area 41.81 Sep/17
France -3090.00 Sep/17
Germany 25400.00 Sep/17
India -14300.00 Jun/17
Indonesia -4336.80 Sep/17
Italy 4307.00 Sep/17
Japan 2271.20 Sep/17
Mexico -321.10 Jun/17
Netherlands 15416.30 Jun/17
Russia 1200.00 Sep/17
South Korea 12205.00 Sep/17
Spain 2618.00 Aug/17
Switzerland 18748.00 Jun/17
Turkey -4527.00 Sep/17
United Kingdom -23182.00 Jun/17
United States -123137.00 Jun/17