Current account balance (credit less debit), Net (credits less) in Portugal
Portugal: Current account balance (credit less debit), Net (credits less) was 6.51 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Portugal, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Portugal is 6.51 billion, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 302.3% on the previous year and up 797.2% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Portugal peaked at 6.51 billion in 2024 and was at its lowest, -31.24 billion, in 2008.
Portugal ranks 28th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -18.94 billion | — |
| 2006 | -21.36 billion | +12.8% |
| 2007 | -23.23 billion | +8.8% |
| 2008 | -31.24 billion | +34.5% |
| 2009 | -25.26 billion | -19.1% |
| 2010 | -24.47 billion | -3.1% |
| 2011 | -15.02 billion | -38.6% |
| 2012 | -3.31 billion | -78.0% |
| 2013 | 3.49 billion | -205.5% |
| 2014 | 725.48 million | -79.2% |
| 2015 | 1.01 billion | +39.5% |
| 2016 | 2.94 billion | +190.7% |
| 2017 | 3.45 billion | +17.4% |
| 2018 | 1.76 billion | -49.0% |
| 2019 | 1.84 billion | +4.4% |
| 2020 | -1.45 billion | -178.7% |
| 2021 | -1.72 billion | +19.0% |
| 2022 | -5.36 billion | +211.2% |
| 2023 | 1.62 billion | -130.2% |
| 2024 | 6.51 billion | +302.3% |
Portugal compared with similar countries
- Portugal's 6.51 billion is above the median for high income countries, which is 547.38 million, 11.9× the median. (72 countries reporting)
- Portugal's 6.51 billion is above the median for Europe & Central Asia, which is -449.44 million. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -24.00 billion | -31.24 billion | -18.94 billion | 5 |
| 2010s | -2.76 billion | -24.47 billion | 3.49 billion | 10 |
| 2020s | -79.22 million | -5.36 billion | 6.51 billion | 5 |
Countries ranked near Portugal
More financial sector data for Portugal
- Reserve position in the IMF, US dollar, annual growth rate 19.33 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 67.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 13.63 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 49.04 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 19.33 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 67.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 13.63 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Portugal?
- Current account balance (credit less debit), net (credits less debits) in Portugal was 6.51 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Portugal?
- The highest recorded value was 6.51 billion in 2024.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Portugal?
- The lowest recorded value was -31.24 billion in 2008.
- How does Portugal rank for current account balance (credit less debit), net (credits less debits)?
- Portugal ranks 28th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Portugal?
- Over the last ten years it is up 797.2%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.