Current account balance (World Bank) — all countries

Current account balance (World Bank) — Portugal

Current account balance (World Bank) in Portugal in 2024 — 2.08%. Ranked 52 in the world out of 165. Since 1975, the indicator has risen by 5.98 pp.

2024 2.08% +1.52 pp vs 2023
World rank 52of 165
Period maximum 3.01%1986
Period minimum -14.65%1981

Trend over time

1975–2024 · % of GDP

Current account balance (World Bank) — Portugal, 1975–2024-15-10-505197519801985199019952000200520102015202020241975: -3.9%1976: -6.3%1977: -4.46%1978: -1.97%1979: -0.2%1980: -3.23%1981: -14.65%1982: -10.67%1983: -5.99%1984: -2.47%1985: 1.4%1986: 3.01%1987: 0.9%1988: -1.89%1989: 0.25%1990: -0.23%1991: -0.8%1992: -0.17%1993: 0.25%1994: -2.2%1995: -0.11%1996: -4%1997: -5.67%1998: -6.76%1999: -8.85%2000: -10.82%2001: -10.43%2002: -8.32%2003: -6.67%2004: -7.98%2005: -9.6%2006: -10.23%2007: -9.66%2008: -11.86%2009: -10.32%2010: -10.26%2011: -6.12%2012: -1.53%2013: 1.54%2014: 0.32%2015: 0.51%2016: 1.43%2017: 1.56%2018: 0.73%2019: 0.77%2020: -0.63%2021: -0.67%2022: -2.08%2023: 0.55%2024: 2.08%
Change over the period: +5.98 pp Annual average: 0.12 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Portugal

Portugal 2.08%
World computed 0.39%
Europe & Central Asia computed 2.41%
Southern Europe computed 1.28%
High-income countries computed 0.2%
Current account balance (World Bank) — Portugal, by year Portugal All countries CSV XLSX
Year % Change, pp
2024 2.08 +1.52 pp
2023 0.55 +2.64 pp
2022 -2.08 −1.41 pp
2021 -0.67 −0.04 pp
2020 -0.63 −1.4 pp
2019 0.77 +0.04 pp
2018 0.73 −0.84 pp
2017 1.56 +0.14 pp
2016 1.43 +0.92 pp
2015 0.51 +0.19 pp
2014 0.32 −1.22 pp
2013 1.54 +3.07 pp
2012 -1.53 +4.59 pp
2011 -6.12 +4.14 pp
2010 -10.26 +0.06 pp
2009 -10.32 +1.54 pp
2008 -11.86 −2.2 pp
2007 -9.66 +0.57 pp
2006 -10.23 −0.63 pp
2005 -9.6 −1.62 pp
2004 -7.98 −1.32 pp
2003 -6.67 +1.65 pp
2002 -8.32 +2.12 pp
2001 -10.43 +0.39 pp
2000 -10.82 −1.97 pp
1999 -8.85 −2.09 pp
1998 -6.76 −1.09 pp
1997 -5.67 −1.67 pp
1996 -4 −3.89 pp
1995 -0.11 +2.09 pp
1994 -2.2 −2.45 pp
1993 0.25 +0.42 pp
1992 -0.17 +0.63 pp
1991 -0.8 −0.57 pp
1990 -0.23 −0.48 pp
1989 0.25 +2.14 pp
1988 -1.89 −2.79 pp
1987 0.9 −2.1 pp
1986 3.01 +1.61 pp
1985 1.4 +3.87 pp
1984 -2.47 +3.52 pp
1983 -5.99 +4.68 pp
1982 -10.67 +3.98 pp
1981 -14.65 −11.42 pp
1980 -3.23 −3.03 pp
1979 -0.2 +1.77 pp
1978 -1.97 +2.49 pp
1977 -4.46 +1.84 pp
1976 -6.3 −2.4 pp
1975 -3.9

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.