Portugal - Current Account Balance 2023
0.55%
+2.58% from 2022
Portugal's current account balance was 0.55% in 2023, increased +2.58% from -2.08% in 2022. This was the 120th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Palau | -48.51% | 1.3% |
| 2nd | Kyrgyz Republic | -44.92% | -7.2% |
| 3rd | Dominica | -33.92% | -25.8% |
| 4th | Bhutan | -31.97% | -8.2% |
| 5th | Lebanon | -28.10% | 6.3% |
| 6th | Liberia | -25.19% | -28.7% |
| 7th | Maldives | -21.14% | -30.0% |
| 8th | Afghanistan | -20.31% | -9.6% |
| 9th | Curaçao | -19.95% | 25.4% |
| 10th | Senegal | -19.78% | 1.2% |
| 11th | Burundi | -18.30% | -9.0% |
| 12th | Grenada | -18.22% | -50.2% |
| 13th | St. Vincent and the Grenadines | -16.83% | 18.2% |
| 14th | West Bank and Gaza | -16.22% | -52.7% |
| 15th | Malawi | -15.74% | 10.6% |
| 16th | Niger | -13.97% | 13.6% |
| 17th | Antigua and Barbuda | -13.51% | 13.5% |
| 18th | Solomon Islands | -11.83% | 13.6% |
| 19th | Yemen, Republic of | -11.79% | 22.1% |
| 20th | St. Kitts and Nevis | -11.59% | -1.7% |
| 21st | Rwanda | -11.49% | -22.7% |
| 22nd | Côte d'Ivoire | -11.40% | -50.2% |
| 23rd | Montenegro | -11.14% | 13.6% |
| 24th | Moldova | -11.06% | 35.3% |
| 25th | Mozambique | -10.55% | 71.0% |
| 26th | Cayman Islands | -9.84% | 12.5% |
| 27th | Cyprus | -9.70% | -39.9% |
| 28th | Sierra Leone | -9.45% | -48.8% |
| 29th | Timor-Leste | -9.26% | -172.8% |
| 30th | Mauritania | -9.01% | 39.5% |
| 31st | Somalia, Fed. Rep. | -8.91% | -3.7% |
| 32nd | Central African Republic | -8.82% | 30.1% |
| 33rd | Barbados | -8.78% | 11.2% |
| 34th | Benin | -8.18% | -43.8% |
| 35th | Tonga | -7.93% | -47.1% |
| 36th | Uzbekistan | -7.60% | -140.5% |
| 37th | Guinea-Bissau | -7.53% | 12.7% |
| 38th | Uganda | -7.43% | 13.6% |
| 39th | Kosovo | -7.18% | 23.8% |
| 40th | Lesotho | -7.16% | 49.0% |
| 41st | Seychelles | -7.07% | 6.1% |
| 42nd | Romania | -7.03% | 26.1% |
| 43rd | Bahamas, The | -7.00% | 21.1% |
| 44th | Sint Maarten (Dutch part) | -6.92% | -93.4% |
| 45th | Greece | -6.78% | 36.5% |
| 46th | Vanuatu | -6.64% | 62.3% |
| 47th | Fiji | -6.62% | 56.8% |
| 48th | Mali | -6.49% | 15.2% |
| 49th | New Zealand | -6.18% | 33.2% |
| 50th | Congo, Democratic Republic of | -5.56% | -13.6% |
| 51st | Georgia | -5.31% | -20.1% |
| 52nd | Ukraine | -5.28% | -207.2% |
| 53rd | Burkina Faso | -5.06% | 32.9% |
| 54th | Gambia, The | -5.04% | -19.3% |
| 55th | Mauritius | -4.95% | 55.4% |
| 56th | Cameroon | -4.14% | -22.1% |
| 57th | Madagascar | -4.06% | 24.4% |
| 58th | Togo | -4.03% | -15.5% |
| 59th | Honduras | -3.98% | 40.6% |
| 60th | Latvia | -3.89% | 28.9% |
| 61st | Sudan | -3.76% | 66.8% |
| 62nd | Tanzania | -3.75% | 49.3% |
| 63rd | Dominican Republic | -3.67% | 36.3% |
| 64th | Jordan | -3.58% | 55.9% |
| 65th | United Kingdom | -3.58% | -70.2% |
| 66th | Kazakhstan | -3.56% | -224.7% |
| 67th | Türkiye | -3.49% | 30.2% |
| 68th | Equatorial Guinea | -3.49% | -153.2% |
| 69th | Haiti | -3.44% | -38.6% |
| 70th | United States | -3.40% | 10.8% |
| 71st | Argentina | -3.20% | -410.4% |
| 72nd | Egypt, Arab Republic of | -3.17% | 8.9% |
| 73rd | Chile | -3.13% | 64.6% |
| 74th | Panama | -3.08% | -8,204.0% |
| 75th | Uruguay | -3.04% | 19.6% |
| 76th | Zambia | -3.04% | -181.1% |
| 77th | Slovak Republic | -3.02% | 68.6% |
| 78th | Philippines | -2.83% | 37.2% |
| 79th | Armenia | -2.77% | -475.4% |
| 80th | Cabo Verde | -2.77% | 21.8% |
| 81st | Kenya | -2.55% | 49.6% |
| 82nd | Serbia | -2.39% | 63.3% |
| 83rd | Tunisia | -2.30% | 74.4% |
| 84th | Colombia | -2.26% | 62.5% |
| 85th | Bolivia, Plurinational State of | -2.19% | -184.0% |
| 86th | Bosnia and Herzegovina | -2.14% | 51.3% |
| 87th | Myanmar | -1.91% | 34.3% |
| 88th | Comoros | -1.86% | -332.6% |
| 89th | Kiribati | -1.77% | 85.3% |
| 90th | Estonia | -1.74% | 44.0% |
| 91st | St. Lucia | -1.57% | 56.2% |
| 92nd | Costa Rica | -1.43% | 56.3% |
| 93rd | Belarus | -1.41% | -141.2% |
| 94th | Brazil | -1.24% | 42.8% |
| 95th | Albania | -1.20% | 79.5% |
| 96th | South Africa | -1.10% | -240.6% |
| 97th | El Salvador | -1.09% | 83.8% |
| 98th | Morocco | -1.05% | 70.5% |
| 99th | France | -1.04% | 26.3% |
| 100th | Iceland | -1.00% | 41.3% |
| 101st | Finland | -0.93% | 61.6% |
| 102nd | Ghana | -0.91% | 60.4% |
| 103rd | India | -0.88% | 56.1% |
| 104th | Bulgaria | -0.88% | 67.2% |
| 105th | Mexico | -0.70% | 45.7% |
| 106th | Belize | -0.65% | 92.2% |
| 107th | Canada | -0.63% | -108.3% |
| 108th | Paraguay | -0.34% | 95.1% |
| 109th | Pakistan | -0.31% | 93.4% |
| 110th | Australia | -0.23% | -158.1% |
| 111th | Indonesia | -0.15% | -114.9% |
| 112th | Czechia | -0.13% | 97.3% |
| 113th | Namibia | -0.02% | 99.9% |
| 114th | Hungary | 0.00% | 100.0% |
| 115th | Belgium | 0.18% | 113.9% |
| 116th | Italy | 0.22% | 113.0% |
| 117th | North Macedonia | 0.32% | 105.2% |
| 118th | Peru | 0.33% | 108.2% |
| 119th | Zimbabwe | 0.37% | -40.6% |
| 120th | Portugal | 0.55% | 127.3% |
| 121st | Mongolia | 0.60% | 104.4% |
| 122nd | Croatia | 0.74% | 121.4% |
| 123rd | Bangladesh | 1.00% | 125.4% |
| 124th | Lithuania | 1.10% | 118.1% |
| 125th | Nauru | 1.27% | -31.7% |
| 126th | Cambodia | 1.30% | 106.7% |
| 127th | Austria | 1.31% | 252.3% |
| 128th | Nigeria | 1.32% | 734.1% |
| 129th | China | 1.44% | -40.5% |
| 130th | Botswana | 1.49% | 350.1% |
| 131st | Poland | 1.54% | 167.2% |
| 132nd | Malaysia | 1.56% | -50.9% |
| 133rd | Chad | 1.59% | -74.9% |
| 134th | Thailand | 1.64% | 147.5% |
| 135th | Sri Lanka | 1.72% | 273.8% |
| 136th | Korea | 1.78% | 24.0% |
| 137th | Ecuador | 1.94% | 0.0% |
| 138th | Iran, Islamic Republic of | 2.04% | -42.2% |
| 139th | Saudi Arabia | 2.13% | -82.5% |
| 140th | Eswatini | 2.14% | 178.3% |
| 141st | Oman | 2.29% | -37.2% |
| 142nd | Russian Federation | 2.38% | -77.0% |
| 143rd | Nepal | 2.45% | 119.5% |
| 144th | Lao PDR | 2.55% | 184.2% |
| 145th | Algeria | 2.62% | -69.0% |
| 146th | Jamaica | 2.66% | 465.4% |
| 147th | Spain | 2.73% | 552.1% |
| 148th | São Tomé and Principe | 3.03% | 120.9% |
| 149th | Israel | 3.07% | 14.9% |
| 150th | Guatemala | 3.08% | 163.7% |
| 151st | Japan | 3.72% | 76.2% |
| 152nd | Samoa | 3.84% | 136.3% |
| 153rd | Micronesia, Federated States of | 3.87% | -56.6% |
| 154th | Angola | 3.91% | -52.7% |
| 155th | Libya | 4.24% | -81.7% |
| 156th | Suriname | 4.27% | 126.0% |
| 157th | Slovenia | 4.47% | 579.7% |
| 158th | Congo, Republic of | 4.74% | -72.2% |
| 159th | Tajikistan | 4.77% | -68.7% |
| 160th | Aruba | 5.07% | -22.2% |
| 161st | Germany | 5.51% | 44.6% |
| 162nd | Sweden | 5.81% | 46.2% |
| 163rd | Bahrain | 5.84% | -60.3% |
| 164th | Switzerland | 5.90% | -36.4% |
| 165th | Turkmenistan | 5.92% | -38.8% |
| 166th | Viet Nam | 5.95% | 1,643.4% |
| 167th | Malta | 6.30% | 921.5% |
| 168th | Luxembourg | 6.85% | 6.1% |
| 169th | Ireland | 7.89% | -10.0% |
| 170th | South Sudan | 7.93% | 200.1% |
| 171st | Gabon | 8.05% | -26.3% |
| 172nd | Nicaragua | 8.23% | 383.3% |
| 173rd | Guinea | 8.48% | 249.3% |
| 174th | Hong Kong SAR, China | 8.49% | -16.9% |
| 175th | Papua New Guinea | 9.07% | -37.2% |
| 176th | Netherlands | 9.41% | 38.9% |
| 177th | Iraq | 10.55% | -33.1% |
| 178th | Denmark | 11.10% | -0.6% |
| 179th | Azerbaijan | 11.50% | -61.4% |
| 180th | Trinidad and Tobago | 11.55% | -34.1% |
| 181st | Brunei Darussalam | 12.88% | -34.0% |
| 182nd | United Arab Emirates | 13.13% | 1.0% |
| 183rd | Guyana | 13.90% | -46.2% |
| 184th | Andorra | 14.22% | 22.1% |
| 185th | Bermuda | 15.39% | 6.8% |
| 186th | Liechtenstein | 15.52% | 8.3% |
| 187th | Qatar | 16.77% | -37.4% |
| 188th | Marshall Islands | 16.82% | 67.4% |
| 189th | Norway | 17.41% | -41.2% |
| 190th | Singapore | 17.69% | -4.0% |
| 191st | Djibouti | 18.50% | -2.4% |
| 192nd | San Marino | 21.99% | 61.7% |
| 193rd | Kuwait | 31.08% | -9.6% |
| 194th | Macao SAR, China | 31.38% | 125.7% |
| 195th | Tuvalu | 39.98% | 14,853.5% |
FAQ
What was Portugal's current account balance in 2023?▾
Portugal's current account balance in 2023 was 0.55%. This ranked 120th globally.
How did Portugal's current account balance change in 2023?▾
Portugal's current account balance increased by 127.3% in 2023 compared to 2022.
Which country had the highest current account balance in 2023?▾
Tuvalu had the highest current account balance in 2023 at 39.98%.
What is the current account balance of Portugal in 2023?▾
The current account balance of Portugal in 2023 was 0.55%. This ranked 120th globally.
How does 2023 compare to 2022 for Portugal's current account balance?▾
Portugal's current account balance went from -2.08% in 2022 to 0.55% in 2023, a 127.3% increase.
Related
2022
2024
All years
Full ranking 2023
Exports
Imports
Trade Balance
FDI Inflows
FDI Outflows
Peak: 1986
Lowest: 1981
Current Account Balance 1990s
Current Account Balance 2000s
Current Account Balance 2010s
Current Account Balance 2020s
Highest ever
Lowest ever
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European Union Current Account Balance
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