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

Portugal posted a current account surplus of EUR 301.3 million in March of 2018 compared to a EUR 76.4 million deficit in the same month a year ago. The services surplus rose to EUR 972.3 million from EUR 891.1 million, with tourism revenues increasing to EUR 654.1 million from EUR 512.9 million; and the primary income account shifted to a EUR 164.4 million surplus compared to a EUR 425.1 million deficit. Meanwhile, the goods gap worsened to EUR 1082.1 million from EUR 816.7 million and the secondary income surplus decreased to EUR 246.7 million from EUR 274.3 million, as workers remittances shrank to EUR 231.9 million from EUR 233.4 million. Considering the first quarter of 2018, the current account gap narrowed to EUR 408 million from EUR 471 million in the same period of 2017. Current Account in Portugal averaged -788.77 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
2018-03-20 11:15 AM Current Account €-552.4M €18.2M €-220M
2018-04-18 10:30 AM Current Account €-213.7M €-552.4M €-160M
2018-05-21 10:20 AM Current Account €301.3M €-182.2M €-82M
2018-06-20 10:30 AM Current Account €301.3M €320M
2018-07-18 10:30 AM Current Account €-1420M
2018-08-21 10:30 AM Current Account €-25M


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1206.53 -990.88 3.55 -2524.87 EUR Million [+]
Exports 4944.44 4606.79 5241.04 1.69 EUR Million [+]
Imports 6150.97 5597.68 6351.05 0.00 EUR Million [+]
Current Account 301.28 -182.15 1105.17 -2590.60 EUR Million [+]
Current Account to GDP 0.50 0.60 3.10 -14.70 percent [+]
External Debt 407482.01 406677.51 421132.40 56392.07 EUR Million [+]
Capital Flows 1013.98 110.78 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment -380.76 591.68 6288.10 -3307.52 EUR Million [+]
Remittances 279.55 271.89 515.40 153.66 EUR Million [+]
Tourism Revenues 786.88 788.06 2004.34 199.98 EUR Million [+]
Gold Reserves 382.50 382.51 606.76 382.48 Tonnes [+]
Terrorism Index 0.00 0.06 1.85 0.00 [+]
Tourist Arrivals 2918604.00 2053913.00 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
301.28 -182.15 1105.17 -2590.60 1996 - 2018 EUR Million Monthly
Current Prices, NSA




current account by Country
Country Last
Australia -14024.00 Dec/17
Brazil 797.60 Mar/18
Canada -16346.00 Dec/17
China -282.00 Mar/18
Euro Area 40.55 Mar/18
France -1269.00 Mar/18
Germany 29100.00 Mar/18
India -13465.11 Dec/17
Indonesia -5500.00 Mar/18
Italy 3408.00 Mar/18
Japan 3122.30 Mar/18
Mexico -3206.60 Dec/17
Netherlands 20903.90 Dec/17
Russia 28800.00 Mar/18
South Korea 5180.00 Mar/18
Spain -450.00 Feb/18
Switzerland 19679.42 Dec/17
Turkey -4812.00 Mar/18
United Kingdom -18443.00 Dec/17
United States -128158.00 Dec/17


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