Current account balance (credit less debit), Net (credits less debits) in Portugal
Portugal: Current account balance (credit less debit), Net (credits less debits) 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 debits) 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% |
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
- Total reserves (gold at national valuation) (SDR), annual growth rate 52.94 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 4,605 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 17.75 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 69.54 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0214 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 686.27 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 39.19 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,021 SDR per person (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.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.