External balance on goods and services (current LCU) in Portugal
Portugal: External balance on goods and services (current LCU) was 2.81 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Portugal, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Portugal recorded 2.81 billion current LCU for external balance on goods and services in 2025.
Compared with earlier readings it is down 50.9% on the previous year and up 111.8% over ten years.
Over the whole period, external balance on goods and services in Portugal peaked at 5.73 billion current LCU in 2024 and was at its lowest, -17.11 billion current LCU, in 2008.
Portugal ranks 66th of 193 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.
External balance on goods and services (current LCU) in Portugal, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | -58.05 million current LCU | — |
| 1971 | -69.97 million current LCU | +20.5% |
| 1972 | -53.93 million current LCU | -22.9% |
| 1973 | -98.86 million current LCU | +83.3% |
| 1974 | -262.70 million current LCU | +165.7% |
| 1975 | -236.01 million current LCU | -10.2% |
| 1976 | -318.76 million current LCU | +35.1% |
| 1977 | -477.17 million current LCU | +49.7% |
| 1978 | -494.63 million current LCU | +3.7% |
| 1979 | -541.76 million current LCU | +9.5% |
| 1980 | -930.24 million current LCU | +71.7% |
| 1981 | -1.46 billion current LCU | +57.4% |
| 1982 | -1.74 billion current LCU | +19.0% |
| 1983 | -1.48 billion current LCU | -15.1% |
| 1984 | -1.11 billion current LCU | -24.6% |
| 1985 | -698.69 million current LCU | -37.3% |
| 1986 | -586.92 million current LCU | -16.0% |
| 1987 | -1.66 billion current LCU | +182.6% |
| 1988 | -3.21 billion current LCU | +93.3% |
| 1989 | -2.83 billion current LCU | -11.9% |
| 1990 | -3.76 billion current LCU | +33.0% |
| 1991 | -4.68 billion current LCU | +24.4% |
| 1992 | -5.35 billion current LCU | +14.5% |
| 1993 | -5.32 billion current LCU | -0.7% |
| 1994 | -5.70 billion current LCU | +7.3% |
| 1995 | -5.68 billion current LCU | -0.5% |
| 1996 | -6.71 billion current LCU | +18.2% |
| 1997 | -8.18 billion current LCU | +21.9% |
| 1998 | -10.21 billion current LCU | +24.8% |
| 1999 | -12.38 billion current LCU | +21.3% |
| 2000 | -14.18 billion current LCU | +14.6% |
| 2001 | -13.87 billion current LCU | -2.2% |
| 2002 | -11.63 billion current LCU | -16.1% |
| 2003 | -9.36 billion current LCU | -19.6% |
| 2004 | -11.98 billion current LCU | +28.1% |
| 2005 | -13.91 billion current LCU | +16.1% |
| 2006 | -13.02 billion current LCU | -6.4% |
| 2007 | -13.26 billion current LCU | +1.8% |
| 2008 | -17.11 billion current LCU | +29.0% |
| 2009 | -12.11 billion current LCU | -29.2% |
| 2010 | -13.73 billion current LCU | +13.4% |
| 2011 | -7.38 billion current LCU | -46.3% |
| 2012 | -832.74 million current LCU | -88.7% |
| 2013 | 1.87 billion current LCU | -324.9% |
| 2014 | 258.94 million current LCU | -86.2% |
| 2015 | 1.33 billion current LCU | +413.1% |
| 2016 | 2.21 billion current LCU | +66.6% |
| 2017 | 2.11 billion current LCU | -4.8% |
| 2018 | 1.27 billion current LCU | -39.7% |
| 2019 | 1.15 billion current LCU | -9.6% |
| 2020 | -4.01 billion current LCU | -449.6% |
| 2021 | -6.01 billion current LCU | +49.8% |
| 2022 | -5.86 billion current LCU | -2.6% |
| 2023 | 3.18 billion current LCU | -154.2% |
| 2024 | 5.73 billion current LCU | +80.4% |
| 2025 | 2.81 billion current LCU | -50.9% |
Portugal compared with similar countries
- Portugal's 2.81 billion current LCU is below the median for high income countries, which is 3.18 billion current LCU, 89% of the median. (72 countries reporting)
- Portugal's 2.81 billion current LCU is above the median for Europe & Central Asia, which is 96.00 million current LCU, 29.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU) 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 |
|---|---|---|---|
| 2020 | -449.6% | 1.15 billion current LCU | -4.01 billion current LCU |
| 2015 | +413.1% | 258.94 million current LCU | 1.33 billion current LCU |
| 2013 | +324.9% | -832.74 million current LCU | 1.87 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -261.18 million current LCU | -541.76 million current LCU | -53.93 million current LCU | 10 |
| 1980s | -1.57 billion current LCU | -3.21 billion current LCU | -586.92 million current LCU | 10 |
| 1990s | -6.80 billion current LCU | -12.38 billion current LCU | -3.76 billion current LCU | 10 |
| 2000s | -13.04 billion current LCU | -17.11 billion current LCU | -9.36 billion current LCU | 10 |
| 2010s | -1.17 billion current LCU | -13.73 billion current LCU | 2.21 billion current LCU | 10 |
| 2020s | -693.30 million current LCU | -6.01 billion current LCU | 5.73 billion current LCU | 6 |
Countries ranked near Portugal
More economy & growth data for Portugal
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Portugal?
- External balance on goods and services in Portugal was 2.81 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Portugal?
- The highest recorded value was 5.73 billion current LCU in 2024.
- What is the lowest external balance on goods and services recorded in Portugal?
- The lowest recorded value was -17.11 billion current LCU in 2008.
- How does Portugal rank for external balance on goods and services?
- Portugal ranks 66th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Portugal?
- Over the last ten years it is up 111.8%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.