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

The Portuguese current account posted a EUR 28.5 million surplus in February 2017 compared with a EUR 279.6 million deficit in the same month a year earlier. The services surplus widened to EUR 734.9 million from EUR 665.5 million a year ago, with tourism revenues rising to EUR 677.5 million from EUR 599.8 million; and the secondary income account posted a EUR 116.9 million surplus compared with a EUR 141.8 million gap in February 2016. Meanwhile, the goods deficit increased to EUR 665.1 million from EUR 567.2 million the previous year, and the primary income shortfall fell to EUR 158.2 million from EUR 236.2 million. In the first two months of the year, the current account deficit narrowed to EUR 14 million from EUR 560.5 million in the same period of 2016. Current Account in Portugal averaged -829.85 EUR Million from 1996 until 2017, reaching an all time high of 1102.30 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 Reference Actual Previous Consensus Forecast (i)
2017-02-20 11:30 AM Dec €-211.4M €-121.1M € -272.1M
2017-03-20 11:30 AM Jan €-42M €-211.4M € -204.1M
2017-04-20 10:30 AM Feb €28.5M €-42.5M € -162M
2017-05-18 10:30 AM Mar €28.5M € 160.9M
2017-06-21 10:30 AM Apr € 201.3M
2017-07-19 10:30 AM May € 159.6M




Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -746.19 -961.84 3.55 -2348.24 EUR Million [+]
Exports 4388.76 4379.45 4696.48 1.69 EUR Million [+]
Imports 5134.96 5341.30 5744.00 0.00 EUR Million [+]
Current Account 28.50 -42.50 1102.30 -2590.60 EUR Million [+]
Current Account to GDP 0.70 1.40 3.10 -14.70 percent [+]
External Debt 398850.13 396247.94 421132.40 56392.07 EUR Million [+]
Capital Flows 203.61 592.98 1798.15 -2366.47 EUR Million [+]
Foreign Direct Investment 1522.94 880.75 6288.10 -3307.52 EUR Million [+]
Remittances 289.43 333.42 515.40 153.66 EUR Million [+]
Tourism Revenues 677.48 685.72 1763.55 199.98 EUR Million [+]
Gold Reserves 382.48 382.51 606.76 382.48 Tonnes [+]
Tourist Arrivals 1944420.00 1672739.00 4990469.00 88000.00 [+]
Terrorism Index 0.06 0.27 1.85 0.00 [+]
Weapons Sales 7.00 18.00 101.00 1.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Portugal Current Account Notes

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
28.50 -42.50 1102.30 -2590.60 1996 - 2017 EUR Million Monthly
Current Prices, NSA



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