Economic Outlook 119 — Current account balance in USD in Portugal
Portugal: Economic Outlook 119 — Current account balance in USD was 1.47 billion in 2027. ◆ Volatile
Economic Outlook 119 — Current account balance in USD in Portugal, 1975–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2027, economic outlook 119 — current account balance in usd in Portugal stood at 1.47 billion.
Compared with earlier readings it is up 533.3% on the previous year and down 55.7% over ten years.
Over the whole period, economic outlook 119 — current account balance in usd in Portugal peaked at 7.05 billion in 2024 and was at its lowest, -31.19 billion, in 2008.
Portugal ranks 18th of 41 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook 119 — Current account balance in USD in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -904.77 million | — |
| 1976 | -1.55 billion | +71.4% |
| 1977 | -1.15 billion | -25.9% |
| 1978 | -541.76 million | -52.8% |
| 1979 | -57.34 million | -89.4% |
| 1980 | -1.29 billion | +2151.4% |
| 1981 | -5.64 billion | +337.3% |
| 1982 | -3.88 billion | -31.2% |
| 1983 | -1.89 billion | -51.3% |
| 1984 | -717.56 million | -62.1% |
| 1985 | 451.25 million | -162.9% |
| 1986 | 1.42 billion | +215.2% |
| 1987 | 545.39 million | -61.7% |
| 1988 | -1.24 billion | -326.7% |
| 1989 | 207.34 million | -116.8% |
| 1990 | -254.77 million | -222.9% |
| 1991 | -833.08 million | +227.0% |
| 1992 | -322.79 million | -61.3% |
| 1993 | 366.48 million | -213.5% |
| 1994 | -2.73 billion | -845.7% |
| 1995 | -185.80 million | -93.2% |
| 1996 | -5.54 billion | +2880.3% |
| 1997 | -7.22 billion | +30.3% |
| 1998 | -9.40 billion | +30.3% |
| 1999 | -11.27 billion | +19.8% |
| 2000 | -12.82 billion | +13.8% |
| 2001 | -12.69 billion | -1.0% |
| 2002 | -11.25 billion | -11.4% |
| 2003 | -11.00 billion | -2.2% |
| 2004 | -15.10 billion | +37.2% |
| 2005 | -18.91 billion | +25.3% |
| 2006 | -21.37 billion | +13.0% |
| 2007 | -23.24 billion | +8.8% |
| 2008 | -31.19 billion | +34.2% |
| 2009 | -25.28 billion | -18.9% |
| 2010 | -24.46 billion | -3.2% |
| 2011 | -15.01 billion | -38.6% |
| 2012 | -3.28 billion | -78.2% |
| 2013 | 3.47 billion | -206.0% |
| 2014 | 785.32 million | -77.4% |
| 2015 | 1.02 billion | +29.4% |
| 2016 | 2.94 billion | +189.6% |
| 2017 | 3.32 billion | +12.8% |
| 2018 | 1.83 billion | -44.9% |
| 2019 | 1.86 billion | +1.9% |
| 2020 | -1.55 billion | -183.0% |
| 2021 | -1.69 billion | +9.4% |
| 2022 | -5.25 billion | +210.2% |
| 2023 | 1.69 billion | -132.1% |
| 2024 | 7.05 billion | +318.3% |
| 2025 | 4.33 billion | -38.5% |
| 2026 | -339.44 million | -107.8% |
| 2027 | 1.47 billion | -533.3% |
Portugal compared with similar countries
- Portugal's 1.47 billion is below the median for high income countries, which is 1.48 billion, 100% of the median. (30 countries reporting)
- Portugal's 1.47 billion is below the median for Europe & Central Asia, which is 4.14 billion, 36% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Economic Outlook 119 — Current account balance in USD in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | -2880.3% | -185.80 million | -5.54 billion |
| 1980 | -2151.4% | -57.34 million | -1.29 billion |
| 1994 | -845.7% | 366.48 million | -2.73 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -840.68 million | -1.55 billion | -57.34 million | 5 |
| 1980s | -1.20 billion | -5.64 billion | 1.42 billion | 10 |
| 1990s | -3.74 billion | -11.27 billion | 366.48 million | 10 |
| 2000s | -18.29 billion | -31.19 billion | -11.00 billion | 10 |
| 2010s | -2.75 billion | -24.46 billion | 3.47 billion | 10 |
| 2020s | 713.01 million | -5.25 billion | 7.05 billion | 8 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Real gdp growth, annual growth rate -28.55 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 357.11 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0135 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 260.76 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.8183 % change on previous year (2025)
Frequently asked questions
- What is economic outlook 119 — current account balance in usd in Portugal?
- Economic outlook 119 — current account balance in usd in Portugal was 1.47 billion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — current account balance in usd recorded in Portugal?
- The highest recorded value was 7.05 billion in 2024.
- What is the lowest economic outlook 119 — current account balance in usd recorded in Portugal?
- The lowest recorded value was -31.19 billion in 2008.
- How does Portugal rank for economic outlook 119 — current account balance in usd?
- Portugal ranks 18th out of 41 countries with data for 2027.
- Is economic outlook 119 — current account balance in usd rising or falling in Portugal?
- Over the last ten years it is down 55.7%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Current account balance in USD. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP