Portugal recorded a Current Account surplus of 1.20 percent of the country's Gross Domestic Product in 2025. Current Account to GDP in Portugal averaged -2.98 percent of GDP from 1953 until 2025, reaching an all time high of 2.70 percent of GDP in 1967 and a record low of -11.80 percent of GDP in 2008. source: Banco de Portugal

Current Account to GDP in Portugal is expected to reach 1.20 percent of GDP by the end of 2026, 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 0.90 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Capital Flows 746.86 778.47 EUR Million Dec 2025
Current Account -739.36 -1.79 EUR Million Dec 2025
Current Account to GDP 1.20 2.30 percent of GDP Dec 2025
External Debt 445830.23 454932.07 EUR Million Dec 2025
Foreign Direct Investment 676.26 2097.97 EUR Million Dec 2025
Remittances 380.17 366.29 EUR Million Dec 2025
Tourism Revenues 1615.44 1514.90 EUR Million Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
1.20 2.30 2.70 -11.80 1953 - 2025 percent of GDP Yearly