Panama vs Portugal: Current account balance as a share of GDP

Panama
1.9%
in 2024
Portugal
2.1%
in 2024
Panama rank
64th
Portugal rank
62nd

Current account balance as a share of GDP over time

  • Panama
  • Portugal
-15-10-50200020122024

How they compare

Portugal currently reports 2.1% against 1.9% in Panama, a difference of 0.2%.

That makes Portugal's figure about 1.1 times Panama's.

The two have swapped places 5 times across 25 shared years of data; in 2000 it was Panama ahead.

Panama ranks 64th and Portugal ranks 62nd of 193 countries.

Across the 3 decades both report, Panama averaged higher in 1 and Portugal in 2.

Head to head by decade

Decade Panama Portugal Difference Ahead
2000s -4.3% -9.6% 5.2% Panama
2010s -8.9% -1.1% 7.8% Portugal
2020s -0.4% -0.1% 0.3% Portugal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance as a share of gdp, Panama or Portugal?
Portugal, at 2.1% against 1.9% in Panama as of 2024.
What is the difference in current account balance as a share of gdp between Panama and Portugal?
0.2%, with Portugal ahead.
How many years of comparable data are there for Panama and Portugal?
25 years are reported by both, from 2000 to 2024.
How do Panama and Portugal rank globally for current account balance as a share of gdp?
Panama ranks 64th and Portugal ranks 62nd of 193 countries.
Where does this data come from?
International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Portugal: Current account balance as a share of GDP. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/current-account-balance-as-a-proportion-of-gdp/panama/portugal/

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About this data

Indicator
Current account balance as a share of GDP
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 4,374 data points, 2000–2024
Last refreshed

Current account balance as a proportion of GDP (%).