Portugal vs Russian Federation: Current account balance
Current account balance over time
- Portugal
- Russian Federation
How they compare
Portugal currently reports 2.1% against 1.7% in Russian Federation, a difference of 0.4%.
That makes Portugal's figure about 1.2 times Russian Federation's.
The two have swapped places 2 times across 31 shared years of data; in 1994 it was Russian Federation ahead.
Portugal ranks 61st and Russian Federation ranks 64th of 200 countries.
Russian Federation has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Portugal | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -4.6% | 3.0% | 7.6% | Russian Federation |
| 2000s | -9.6% | 9.0% | 18.6% | Russian Federation |
| 2010s | -1.1% | 3.6% | 4.8% | Russian Federation |
| 2020s | -0.2% | 5.0% | 5.1% | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Portugal or Russian Federation?
- Portugal, at 2.1% against 1.7% in Russian Federation as of 2024.
- What is the difference in current account balance between Portugal and Russian Federation?
- 0.4%, with Portugal ahead.
- How many years of comparable data are there for Portugal and Russian Federation?
- 31 years are reported by both, from 1994 to 2024.
- How do Portugal and Russian Federation rank globally for current account balance?
- Portugal ranks 61st and Russian Federation ranks 64th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.