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

The Portuguese current account gap increased to €152 million in November 2016 from €78 million in the corresponding month of the previous year, as the goods deficit rose to €709 million from €620 million in November 2015 and the secondary income surplus fell sharply to €56 million from €261 million. Meantime, services surplus widened to €783 million from €699 million a year ago while the the primary income deficit narrowed to €283 million from €417 million. In the first eleven months of the year, the current account surplus fell to €879 million, or 0.2 percent of GDP, from €953 million, or 0.5 percent of GDP, in the same period of the previous 2015. Current Account in Portugal averaged -840.01 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)
2016-11-17 10:40 AM Sep €212.6M €490.3M € 59.1M
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 €-152.3M € -272.1M
2017-03-20 11:30 AM Jan € -380.8M
2017-04-20 10:30 AM Feb € -461.4M




Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -790.68 -862.28 3.55 -2348.24 EUR Million [+]
Exports 4663.00 4365.69 4696.48 1.69 EUR Million [+]
Imports 5453.68 5227.96 5744.00 0.00 EUR Million [+]
Current Account -152.32 814.95 1053.93 -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 [+]
Tourist Arrivals 2090060.00 3906205.00 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 [+]



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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-152.32 814.95 1053.93 -2590.60 1996 - 2016 EUR Million Monthly
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