Portugal Current Account - Forecast

Current Account in Portugal is expected to be 451.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Portugal to stand at 51.00 in 12 months time. In the long-term, the Portugal Current Account is projected to trend around -90.00 EUR Million in 2020, according to our econometric models.


Forecast Data Chart
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Portugal Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -1168 -1270 -1430 -800 -940 -1260
Exports 5271 4850 4320 5680 5250 4850
Imports 6439 6120 5750 6480 6190 6110
Current Account 770 451 -160 -120 51 -90
Current Account to GDP 0.5 0.4 0.4 0.6 0.6 0.5
External Debt 411680 410300 412300 414100 415900 423300
Capital Flows 1189 270 304 480 -280 287
Foreign Direct Investment 347 320 450 340 450 120
Remittances 336 290 396 285 307 402
Tourism Revenues 2011 1840 1020 1000 1410 1400
Gold Reserves 382 383 383 383 383 383
Terrorism Index 0 0 0 0 0 0
Tourist Arrivals 4669325 4660000 1774000 2990000 4722000 2153000
Weapons Sales 56 60 60 80 80 50