Portugal Current Account to GDP  1980-2016 | Data | Chart | Calendar

Portugal is expected to record a current account surplus equivalent to 0.7 percent of GDP in 2015, according to European Commission's Winter 2016 Economic Forecast. Current Account to GDP in Portugal averaged -5.08 percent from 1980 until 2014, reaching an all time high of 3.10 percent in 1986 and a record low of -14.70 percent in 1981. Current Account to GDP in Portugal is reported by the Eurostat.

Portugal Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
0.70 1.40 3.10 -14.70 1980 - 2015 percent Yearly
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. This page provides - Portugal Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -557.44 -912.84 3.55 -2348.24 EUR Million [+]
Exports 4486.58 4483.36 4696.48 1.69 EUR Million [+]
Imports 5044.02 5396.20 5744.00 0.00 EUR Million [+]
Current Account 1017.63 -208.85 1039.08 -2590.60 EUR Million [+]
Current Account to GDP 0.70 1.40 3.10 -14.70 percent [+]
External Debt 397041.84 394360.90 421132.40 40002.00 EUR Million [+]
Capital Flows 1798.15 -225.94 1798.15 -2366.47 EUR Million [+]
Foreign Direct Investment 43.45 315.23 6288.10 -3307.52 EUR Million [+]
Remittances 235.89 304.35 515.40 153.66 EUR Million [+]
Tourism Revenues 1022.11 1115.76 1621.42 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Tourist Arrivals 4605108.00 3975321.00 4605108.00 88000.00 [+]
Terrorism Index 0.27 0.55 1.85 0.00 [+]
Weapons Sales 7.00 18.00 101.00 1.00 USD Million [+]




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