Portugal Current Account to GDP

2.1% +1.52 pt

Dec 2024 · Annual

Portugal's current account surplus widened to 2.08% of GDP in 2024, up from 0.55% in 2023. The reading remains below the all-time high of 3.01% set in 1986, and far above the series low of -14.65% recorded in 1981. Annual data are available from 1975.

Portugal Current Account to GDP, 1990–2024
ActualPreviousHighestLowestDatesFrequency
2.1%0.6%3.0%Dec 1986-14.7%Dec 19811975 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
FDI Inflows$13.5B$11.6B$15.6B$28.9MDec 2024Annual
Exchange Rate0.86 per USD0.88 per USD1.48 per USD0.63 per USDAug 2026Monthly

About this series

Current Account to GDP in Portugal averaged -3.9% from 1975 until 2024, reaching an all-time high of 3.0% in Dec 1986 and a record low of -14.7% in Dec 1981. The series is reported yearly with history from 1975.

The current account balance as a percent of GDP measures Portugal's transactions with the rest of the world, including trade in goods and services, income, and transfers. It is reported annually as a percentage of GDP. The series begins in 1975.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Portugal Current Account to GDP FAQ