Portugal Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Portugal's foreign reserves was $43.0B in 2025, ranked 49th globally. This represents a 1.3% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Portugal's foreign reserves stood at $43.0B in 2025, a rise of +$543.6M from 2024. Based on recent trends, this figure is projected to reach $43.0B by 2025. Portugal ranked 49th globally.
Portugal's foreign reserves have exhibited significant fluctuations over the past six decades, with the country's all-time high of 42,977,751,739.53 in 2025, ranking 49th globally. Notably, the all-time low of 693,999,000.00 in 1961 starkly contrasts with the current status, illustrating the substantial growth Portugal has experienced. Comparatively, countries like Kazakhstan, which boasts the highest foreign reserves among peer nations, and Belgium, a EU member with a more stable economy, demonstrate Portugal's relatively modest position. The country's foreign reserves have steadily increased since the 1960s, but its growth rate has slowed in recent years, suggesting a plateau in reserves accumulation. A significant depreciation of the euro or a surge in foreign investment could alter the trajectory of Portugal's foreign reserves, potentially leading to an increase in its global ranking.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $48.7B | - | - |
| 2026* trend | $45.8B | - | - |
| 2025* trend | $43.0B | - | - |
| 2025 | $43.0B | +$543.6M | #49 |
| 2024 | $42.4B | +$7.2B | #47 |
| 2023 | $35.2B | +$3.0B | #50 |
| 2022 | $32.2B | −$303.5M | #55 |
| 2021 | $32.5B | +$3.1B | #56 |
| 2020 | $29.5B | +$4.5B | #56 |
| 2019 | $25.0B | +$82.5M | #56 |
| 2018 | $24.9B | −$1.2B | #54 |
| 2017 | $26.1B | +$1.1B | #54 |
| 2016 | $25.0B | +$5.6B | #53 |
| 2015 | $19.4B | −$298.1M | #57 |
| 2014 | $19.7B | +$2.1B | #56 |
| 2013 | $17.6B | −$5.1B | #58 |
| 2012 | $22.7B | +$1.9B | #53 |
| 2011 | $20.8B | −$135.5M | #52 |
Detected Pattern
Analysis
Portugal matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Portugal's foreign reserves was $43.0B in 2025. Ranked 49th globally. This represents a 1.3% increase from the previous year.
Portugal's foreign reserves peaked at $43.0B in 2025.
The lowest foreign reserves in Portugal was $694.0M in 1961.
Portugal ranks 49th globally in foreign reserves as of 2025.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Portugal's foreign reserves is projected to reach $43.0B by 2025 based on trend extrapolation.
Portugal's foreign reserves was approximately 42.98 billion ($43.0B) in 2025.
The foreign reserves of Portugal in 2025 was $43.0B. This ranks 49th in the world.
Cite this page
@misc{historysaid_portugal_reserves,
title = {Portugal Foreign Reserves},
url = {https://historysaid.com/portugal/reserves/},
publisher = {HistorySaid},
year = {2026}
}