Net primary income in Portugal
Portugal: Net primary income was -5.42 billion BoP, current US$ in 2024. ◆ Volatile
Net primary income in Portugal, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Portugal recorded -5.42 billion BoP, current US$ for net primary income in 2024.
The figure is up 27.1% on the previous year and down 7.8% over ten years.
Over the whole period, net primary income in Portugal peaked at 611.26 million BoP, current US$ in 1992 and was at its lowest, -9.86 billion BoP, current US$, in 2009.
That places Portugal 160th out of 200 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income in Portugal, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | -24.27 million BoP, current US$ | — |
| 1976 | -136.86 million BoP, current US$ | +463.8% |
| 1977 | -181.34 million BoP, current US$ | +32.5% |
| 1978 | -323.70 million BoP, current US$ | +78.5% |
| 1979 | -420.60 million BoP, current US$ | +29.9% |
| 1980 | -608.13 million BoP, current US$ | +44.6% |
| 1981 | -934.95 million BoP, current US$ | +53.7% |
| 1982 | -1.25 billion BoP, current US$ | +33.9% |
| 1983 | -1.05 billion BoP, current US$ | -16.5% |
| 1984 | -1.16 billion BoP, current US$ | +11.0% |
| 1985 | -1.10 billion BoP, current US$ | -5.5% |
| 1986 | -975.83 million BoP, current US$ | -11.0% |
| 1987 | -831.41 million BoP, current US$ | -14.8% |
| 1988 | -760.53 million BoP, current US$ | -8.5% |
| 1989 | -602.93 million BoP, current US$ | -20.7% |
| 1990 | -96.14 million BoP, current US$ | -84.1% |
| 1991 | 185.69 million BoP, current US$ | -293.2% |
| 1992 | 611.26 million BoP, current US$ | +229.2% |
| 1993 | 219.67 million BoP, current US$ | -64.1% |
| 1994 | -564.37 million BoP, current US$ | -356.9% |
| 1995 | 20.90 million BoP, current US$ | -103.7% |
| 1996 | -888.88 million BoP, current US$ | -4352.6% |
| 1997 | -1.35 billion BoP, current US$ | +51.6% |
| 1998 | -1.51 billion BoP, current US$ | +12.0% |
| 1999 | -732.52 million BoP, current US$ | -51.5% |
| 2000 | -2.09 billion BoP, current US$ | +184.7% |
| 2001 | -2.78 billion BoP, current US$ | +33.2% |
| 2002 | -1.92 billion BoP, current US$ | -30.9% |
| 2003 | -1.64 billion BoP, current US$ | -14.8% |
| 2004 | -1.99 billion BoP, current US$ | +21.3% |
| 2005 | -2.97 billion BoP, current US$ | +49.4% |
| 2006 | -6.27 billion BoP, current US$ | +111.3% |
| 2007 | -7.43 billion BoP, current US$ | +18.5% |
| 2008 | -8.89 billion BoP, current US$ | +19.6% |
| 2009 | -9.86 billion BoP, current US$ | +10.9% |
| 2010 | -7.75 billion BoP, current US$ | -21.4% |
| 2011 | -7.32 billion BoP, current US$ | -5.6% |
| 2012 | -5.29 billion BoP, current US$ | -27.6% |
| 2013 | -3.21 billion BoP, current US$ | -39.4% |
| 2014 | -5.03 billion BoP, current US$ | +56.6% |
| 2015 | -5.52 billion BoP, current US$ | +9.8% |
| 2016 | -4.35 billion BoP, current US$ | -21.2% |
| 2017 | -4.73 billion BoP, current US$ | +8.6% |
| 2018 | -5.58 billion BoP, current US$ | +18.0% |
| 2019 | -5.19 billion BoP, current US$ | -7.0% |
| 2020 | -2.82 billion BoP, current US$ | -45.7% |
| 2021 | -2.15 billion BoP, current US$ | -23.9% |
| 2022 | -4.51 billion BoP, current US$ | +110.4% |
| 2023 | -7.44 billion BoP, current US$ | +64.7% |
| 2024 | -5.42 billion BoP, current US$ | -27.1% |
Portugal compared with similar countries
- Portugal's -5.42 billion BoP, current US$ is below the median for high income countries, which is -455.43 million BoP, current US$, 11.9× the median. (72 countries reporting)
- Portugal's -5.42 billion BoP, current US$ is below the median for Europe & Central Asia, which is -660.59 million BoP, current US$, 8.2× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Net primary income in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | -4352.6% | 20.90 million BoP, current US$ | -888.88 million BoP, current US$ |
| 1976 | -463.8% | -24.27 million BoP, current US$ | -136.86 million BoP, current US$ |
| 1994 | -356.9% | 219.67 million BoP, current US$ | -564.37 million BoP, current US$ |
| 1991 | +293.2% | -96.14 million BoP, current US$ | 185.69 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -217.35 million BoP, current US$ | -420.60 million BoP, current US$ | -24.27 million BoP, current US$ | 5 |
| 1980s | -926.70 million BoP, current US$ | -1.25 billion BoP, current US$ | -602.93 million BoP, current US$ | 10 |
| 1990s | -410.12 million BoP, current US$ | -1.51 billion BoP, current US$ | 611.26 million BoP, current US$ | 10 |
| 2000s | -4.58 billion BoP, current US$ | -9.86 billion BoP, current US$ | -1.64 billion BoP, current US$ | 10 |
| 2010s | -5.40 billion BoP, current US$ | -7.75 billion BoP, current US$ | -3.21 billion BoP, current US$ | 10 |
| 2020s | -4.47 billion BoP, current US$ | -7.44 billion BoP, current US$ | -2.15 billion BoP, current US$ | 5 |
Countries ranked near Portugal
- 157 Panama -4.65 billion BoP, current US$ compare
- 158 Ghana -5.14 billion BoP, current US$ compare
- 159 Bangladesh -5.27 billion BoP, current US$ compare
- 161 Angola -5.71 billion BoP, current US$ compare
- 162 Hungary -5.95 billion BoP, current US$ compare
- 163 Oman -6.17 billion BoP, current US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.84 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0218 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 639.78 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.49 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,261 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is net primary income in Portugal?
- Net primary income in Portugal was -5.42 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Portugal?
- The highest recorded value was 611.26 million BoP, current US$ in 1992.
- What is the lowest net primary income recorded in Portugal?
- The lowest recorded value was -9.86 billion BoP, current US$ in 2009.
- How does Portugal rank for net primary income?
- Portugal ranks 160th out of 200 countries with data for 2024.
- Is net primary income rising or falling in Portugal?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.