Portugal Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Portugal's current account balance was 1.81% in 2025, ranked 49th globally. This represents a 12.8% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Portugal's current account balance stood at 1.81% in 2025, a decline of +0.27% from 2024. The IMF projects 1.81% by 2025. Portugal ranked 49th globally.
Portugal's current account balance has shown a mixed trend over the past 51 years, with fluctuations in the country's trade performance. The all-time peak of 3.01 in 1986 was followed by a trough of -14.65 in 1981, highlighting the significant improvement in Portugal's trade balance during this period. The country's current account balance has since varied, with a current value of 1.81, ranking 49th globally. Notably, this figure is comparable to that of Ghana and Jamaica, which have current account balances of 1.81 and 1.84, respectively. Portugal's current account balance has trended upward since the 1980s, with some fluctuations, but a more recent slowdown in economic growth may impact this trajectory. A continued economic recovery in Portugal, driven by investments in the services sector and strategic industries, could help maintain or even improve the country's current account balance in the coming years.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.13% | - | - |
| 2029* IMF | 1.45% | - | - |
| 2028* IMF | 1.33% | - | - |
| 2027* IMF | 1.57% | - | - |
| 2026* IMF | 1.93% | - | - |
| 2025* IMF | 1.81% | - | - |
| 2025 | 1.81% | −0.27% | #49 |
| 2024 | 2.08% | +1.53% | #132 |
| 2023 | 0.55% | +2.58% | #120 |
| 2022 | -2.08% | −1.42% | #110 |
| 2021 | -0.67% | +0.02% | #114 |
| 2020 | -0.63% | −1.41% | #113 |
| 2019 | 0.77% | +0.01% | #134 |
| 2018 | 0.73% | −0.76% | #139 |
| 2017 | 1.56% | +0.14% | #141 |
| 2016 | 1.43% | +0.92% | #152 |
| 2015 | 0.51% | +0.17% | #140 |
| 2014 | 0.32% | −1.22% | #129 |
| 2013 | 1.54% | +3.03% | #144 |
| 2012 | -1.53% | +4.58% | #117 |
| 2011 | -6.12% | +4.14% | #71 |
Detected Pattern
Analysis
Portugal matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Portugal's current account balance was 1.81% in 2025. Ranked 49th globally. This represents a 12.8% decrease from the previous year.
Portugal's current account balance peaked at 3.01% in 1986.
The lowest current account balance in Portugal was -14.65% in 1981.
Portugal ranks 49th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Portugal's current account balance is projected to reach 1.81% by 2025 based on IMF projection.
The current account balance of Portugal in 2025 was 1.81%. This ranks 49th in the world.
Cite this page
@misc{historysaid_portugal_current-account,
title = {Portugal Current Account Balance},
url = {https://historysaid.com/portugal/current-account/},
publisher = {HistorySaid},
year = {2026}
}