Portugal Current Account to GDP

Portugal recorded a Current Account surplus of 0.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Portugal averaged -5.27 Percent from 1980 until 2013, 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.

   
 
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Portugal Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
0.50 -2.00 3.10 -14.70 1980 - 2013 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.

Trade Last Previous Highest Lowest Unit
Balance of Trade -889.80 -648.00 3.55 -2348.24 EUR Million [+]
Exports 4090.61 3891.00 4372.62 1.69 EUR Million [+]
Imports 4980.41 4539.00 5744.00 0.00 EUR Million [+]
Current Account -409.39 -164.18 782.88 -2617.36 EUR Million [+]
Current Account to GDP 0.50 -2.00 3.10 -14.70 Percent [+]
External Debt 382444.00 369637.00 405641.00 212478.00 EUR Million [+]
Foreign Direct Investment 4727.55 328.25 6254.66 -3455.59 EUR Million [+]
Remittances 240.06 235.83 515.40 153.66 EUR Million [+]
Gold Reserves 382.48 382.48 606.76 382.48 Tonnes [+]





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