Goods balance (credit less debit), Net (credits less debits) in Portugal
Portugal: Goods balance (credit less debit), Net (credits less debits) was -27.64 billion in 2024. ▲ Rising
Goods balance (credit less debit), Net (credits less debits) in Portugal, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in Portugal stood at -27.64 billion.
That represents a change of down 1.2% on the previous year and down 115.8% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Portugal peaked at -10.80 billion in 2015 and was at its lowest, -35.31 billion, in 2008.
Portugal ranks 187th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -22.45 billion | — |
| 2006 | -23.48 billion | +4.6% |
| 2007 | -27.59 billion | +17.5% |
| 2008 | -35.31 billion | +28.0% |
| 2009 | -25.39 billion | -28.1% |
| 2010 | -25.80 billion | +1.6% |
| 2011 | -20.22 billion | -21.6% |
| 2012 | -12.02 billion | -40.6% |
| 2013 | -10.81 billion | -10.0% |
| 2014 | -12.81 billion | +18.4% |
| 2015 | -10.80 billion | -15.7% |
| 2016 | -11.05 billion | +2.3% |
| 2017 | -15.09 billion | +36.6% |
| 2018 | -18.44 billion | +22.2% |
| 2019 | -18.26 billion | -1.0% |
| 2020 | -14.36 billion | -21.3% |
| 2021 | -18.88 billion | +31.5% |
| 2022 | -27.77 billion | +47.1% |
| 2023 | -27.30 billion | -1.7% |
| 2024 | -27.64 billion | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -26.84 billion | -35.31 billion | -22.45 billion | 5 |
| 2010s | -15.53 billion | -25.80 billion | -10.80 billion | 10 |
| 2020s | -23.19 billion | -27.77 billion | -14.36 billion | 5 |
Countries ranked near Portugal
More financial sector data for Portugal
- 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)
- Total reserves (gold at market value) (SDR), annual growth rate 54.48 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 4,652 SDR per person (2025)
- 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)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Portugal?
- Goods balance (credit less debit), net (credits less debits) in Portugal was -27.64 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Portugal?
- The highest recorded value was -10.80 billion in 2015.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Portugal?
- The lowest recorded value was -35.31 billion in 2008.
- How does Portugal rank for goods balance (credit less debit), net (credits less debits)?
- Portugal ranks 187th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Portugal?
- Over the last ten years it is down 115.8%. The long-run trend across the full record is rising.
- Where does this Portugal data come from?
- The figures come from International Monetary Fund, published as part of Goods 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.