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

The Portuguese current account gap decreased to €211.4 million in December 2016 from a downwardly revised € 291.26 million in the corresponding month of the previous year as primary income deficit fell sharply to €171 million from €435.6 million and the secondary income surplus widened to €229 million from €176 million. By contrast, the goods deficit rose to €1230 million from € 1110 million and the services surplus narrowed to €961 million from €1078 million a year ago. Considering full 2016, the current account surplus rose to €1556 million, or 0.8 percent of GDP, from €124 million, or 1.6 percent of GDP, compared to 2015. Current Account in Portugal averaged -837.51 EUR Million from 1996 until 2016, reaching an all time high of 1053.93 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)
2016-12-21 11:15 AM Oct €815M €212.6M € 272.5M
2017-01-18 11:25 AM Nov €-152.3M €815M € -149.5M
2017-02-20 11:30 AM Dec €-211.4M €-121.1M € -272.1M
2017-03-20 11:30 AM Jan €-211.4M € 204.1M
2017-04-20 10:30 AM Feb € 171.2M
2017-05-18 10:30 AM Mar € 208.4M




Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1373.50 -799.22 3.55 -2348.24 EUR Million [+]
Exports 4062.13 4672.24 4696.48 1.69 EUR Million [+]
Imports 5435.63 5471.46 5744.00 0.00 EUR Million [+]
Current Account -211.40 -121.10 1102.30 -2590.60 EUR Million [+]
Current Account to GDP 0.70 1.40 3.10 -14.70 percent [+]
External Debt 396247.94 397041.84 421132.40 56392.07 EUR Million [+]
Capital Flows 125.52 1453.30 1798.15 -2366.47 EUR Million [+]
Foreign Direct Investment 279.85 70.56 6288.10 -3307.52 EUR Million [+]
Remittances 238.08 229.53 515.40 153.66 EUR Million [+]
Tourism Revenues 812.89 1271.88 1763.55 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Terrorism Index 0.06 0.27 1.85 0.00 [+]
Tourist Arrivals 1596320.00 2090060.00 4990469.00 88000.00 [+]
Weapons Sales 7.00 18.00 101.00 1.00 USD Million [+]



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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-211.40 -121.10 1102.30 -2590.60 1996 - 2016 EUR Million Monthly
Current Prices, NSA



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Latvia 99.10 Dec/16
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Mexico -7571.09 Sep/16
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Papua New Guinea 2391.00 Jun/16
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