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

Portugal's current account deficit narrowed to EUR 1.16 billion in May 2018 from EUR 1.38 billion in the same month of the previous year, as the goods gap declined to EUR 1.01 billion from EUR 1.14 billion. In addition, the services surplus widened to EUR 1.69 billion from EUR 1.41 billion a year earlier, with tourism revenues increasing to EUR 1.60 billion from EUR 1.34 billion; and the secondary income surplus rose to EUR 0.21 billion from EUR 0.13 billion. Meanwhile, the primary income deficit went up to EUR 2.05 billion in May from EUR 1.77 billion a year ago. In the first five months of the year, the current account gap widened to EUR 1.88 billion from EUR 1.57 billion in the same period of 2017. Current Account in Portugal averaged -788.39 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
2018-05-21 10:20 AM Current Account €301.3M €-182.2M €-82M
2018-06-20 10:15 AM Current Account €-314.5M €301.3M €320M
2018-07-18 10:30 AM Current Account €-1159.6M €-314.5M €-1420M
2018-08-21 10:30 AM Current Account €-1159.6M €-25M
2018-09-19 10:30 AM Current Account €891M
2018-10-18 10:30 AM Current Account €1051M


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1121.70 -1261.32 3.55 -2524.87 EUR Million [+]
Exports 5174.13 4851.21 5241.04 1.69 EUR Million [+]
Imports 6295.83 6112.52 6351.05 0.00 EUR Million [+]
Current Account -1159.58 -314.51 1105.17 -2590.60 EUR Million [+]
Current Account to GDP 0.50 0.60 3.10 -14.70 percent [+]
External Debt 410196.09 407482.01 421132.40 56392.07 EUR Million [+]
Capital Flows -613.99 69.17 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment 487.54 241.70 6288.10 -3307.52 EUR Million [+]
Remittances 290.13 288.98 515.40 153.66 EUR Million [+]
Tourism Revenues 1597.47 1275.17 2004.34 199.98 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 4195909.00 3462385.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1159.58 -314.51 1105.17 -2590.60 1996 - 2018 EUR Million Monthly
Current Prices, NSA




current account by Country
Country Last
Australia -10469.00 Mar/18
Brazil 729.20 May/18
Canada -19496.00 Mar/18
China -341.00 Mar/18
Euro Area 26.20 Apr/18
France -2917.00 May/18
Germany 12588.73 May/18
India -13000.00 Mar/18
Indonesia -5500.00 Mar/18
Italy 3009.00 Apr/18
Japan 1938.30 May/18
Mexico -6940.80 Mar/18
Netherlands 21821.00 Mar/18
Russia 22300.00 Jun/18
South Korea 8680.00 May/18
Spain -1516.00 Apr/18
Switzerland 18134.28 Mar/18
Turkey -5890.00 May/18
United Kingdom -17720.00 Mar/18
United States -124105.00 Mar/18


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