Current account balance — all countries

Current account balance — Portugal

Current account balance in Portugal in 2031 — 0.5%. Ranked 60 in the world out of 188. Since 1980, the indicator has risen by 3.8 pp.

2031 0.5% −0.1 pp vs 2030
World rank 60of 188
Period maximum 3.1%1986
Period minimum -14.4%1981

Trend over time

1980–2031 · % of GDP

Current account balance — Portugal, 1980–2031-15-10-50519801986199219982004201020162022202820311980: -3.3%1981: -14.4%1982: -10.6%1983: -5.8%1984: -2.4%1985: 1.4%1986: 3.1%1987: 0.9%1988: -1.9%1989: 0.3%1990: -0.2%1991: -0.8%1992: -0.2%1993: 0.2%1994: -2.2%1995: -0.1%1996: -4.5%1997: -6.1%1998: -7.5%1999: -8.9%2000: -10.8%2001: -10.4%2002: -8.4%2003: -6.6%2004: -8%2005: -9.6%2006: -10.3%2007: -9.6%2008: -11.8%2009: -10.4%2010: -10.3%2011: -6.1%2012: -1.5%2013: 1.5%2014: 0.3%2015: 0.5%2016: 1.4%2017: 1.5%2018: 0.8%2019: 0.8%2020: -0.7%2021: -0.7%2022: -2%2023: 0.6%2024: 2.2%2025: 1.2%2026: 0.5%2027: 0.7%2028: 0.8%2029: 0.7%2030: 0.6%2031: 0.5%
Change over the period: +3.8 pp Annual average: 0.07 pp

Comparison, 2031

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

Portugal 0.5%
World computed 0.28%
Europe & Central Asia computed 1.53%
Southern Europe computed 1.16%
High-income countries computed 0.13%
Current account balance — Portugal, by year Portugal All countries CSV XLSX
Year % Change, pp
2031 0.5 −0.1 pp
2030 0.6 −0.1 pp
2029 0.7 −0.1 pp
2028 0.8 +0.1 pp
2027 0.7 +0.2 pp
2026 0.5 −0.7 pp
2025 1.2 −1 pp
2024 2.2 +1.6 pp
2023 0.6 +2.6 pp
2022 -2 −1.3 pp
2021 -0.7 +0 pp
2020 -0.7 −1.5 pp
2019 0.8 +0 pp
2018 0.8 −0.7 pp
2017 1.5 +0.1 pp
2016 1.4 +0.9 pp
2015 0.5 +0.2 pp
2014 0.3 −1.2 pp
2013 1.5 +3 pp
2012 -1.5 +4.6 pp
2011 -6.1 +4.2 pp
2010 -10.3 +0.1 pp
2009 -10.4 +1.4 pp
2008 -11.8 −2.2 pp
2007 -9.6 +0.7 pp
2006 -10.3 −0.7 pp
2005 -9.6 −1.6 pp
2004 -8 −1.4 pp
2003 -6.6 +1.8 pp
2002 -8.4 +2 pp
2001 -10.4 +0.4 pp
2000 -10.8 −1.9 pp
1999 -8.9 −1.4 pp
1998 -7.5 −1.4 pp
1997 -6.1 −1.6 pp
1996 -4.5 −4.4 pp
1995 -0.1 +2.1 pp
1994 -2.2 −2.4 pp
1993 0.2 +0.4 pp
1992 -0.2 +0.6 pp
1991 -0.8 −0.6 pp
1990 -0.2 −0.5 pp
1989 0.3 +2.2 pp
1988 -1.9 −2.8 pp
1987 0.9 −2.2 pp
1986 3.1 +1.7 pp
1985 1.4 +3.8 pp
1984 -2.4 +3.4 pp
1983 -5.8 +4.8 pp
1982 -10.6 +3.8 pp
1981 -14.4 −11.1 pp
1980 -3.3

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.