Net trade in goods and services (BoP, current US$), annual growth rate in Portugal

Portugal: Net trade in goods and services (BoP, current US$), annual growth rate was 59.49 % change on previous year in 2024. ◆ Volatile

Latest (2024)
59.49 % change on previous year
Change on year
down 67.9%
World rank
22nd
of 199 countries
All-time high
185.38 % change on previous year
in 2023
All-time low
-289.22 % change on previous year
in 2020
Years of data
48
1976–2024

Net trade in goods and services (BoP, current US$), annual growth rate in Portugal, 1976–2024

-300-200-1000100200197620002024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for net trade in goods and services (bop, current us$), annual growth rate in Portugal is 59.49 % change on previous year, measured in 2024.

The figure is down 67.9% on the previous year and up 223.8% over ten years.

Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in Portugal peaked at 185.38 % change on previous year in 2023 and was at its lowest, -289.22 % change on previous year, in 2020.

That places Portugal 22nd out of 199 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Net trade in goods and services (BoP, current US$), annual growth rate in Portugal, year by year

Annual values for Net trade in goods and services (BoP, current US$), annual growth rate in Portugal, 1976 to 2024.
Year % change on previous year Change
1976 -19.09 % change on previous year
1977 9.52 % change on previous year -149.9%
1978 7.05 % change on previous year -26.0%
1979 -18.95 % change on previous year -368.7%
1980 -64.04 % change on previous year +238.0%
1981 -91.79 % change on previous year +43.3%
1982 29.44 % change on previous year -132.1%
1983 41.07 % change on previous year +39.5%
1984 40.66 % change on previous year -1.0%
1985 53.14 % change on previous year +30.7%
1986 -0.5699 % change on previous year -101.1%
1987 -224.41 % change on previous year +39277.5%
1988 -84.74 % change on previous year -62.2%
1989 18.22 % change on previous year -121.5%
1990 -47.79 % change on previous year -362.3%
1991 -22.97 % change on previous year -51.9%
1992 -25.37 % change on previous year +10.5%
1993 22.46 % change on previous year -188.5%
1994 -5.48 % change on previous year -124.4%
1995 -3.3 % change on previous year -39.7%
1996 -15.87 % change on previous year +380.1%
1997 -7.46 % change on previous year -53.0%
1998 -20.83 % change on previous year +179.3%
1999 -18.87 % change on previous year -9.4%
2000 0.7806 % change on previous year -104.1%
2001 5.5 % change on previous year +604.4%
2002 11.41 % change on previous year +107.4%
2003 2.59 % change on previous year -77.3%
2004 -39.53 % change on previous year -1625.2%
2005 -14.46 % change on previous year -63.4%
2006 3.83 % change on previous year -126.5%
2007 -8.9 % change on previous year -332.4%
2008 -38.12 % change on previous year +328.4%
2009 32.29 % change on previous year -184.7%
2010 -6.11 % change on previous year -118.9%
2011 48.28 % change on previous year -890.8%
2012 99.57 % change on previous year +106.2%
2014 -48.04 % change on previous year -148.2%
2015 44.24 % change on previous year -192.1%
2016 22.85 % change on previous year -48.4%
2017 -3.04 % change on previous year -113.3%
2018 -28.48 % change on previous year +837.1%
2019 -13.67 % change on previous year -52.0%
2020 -289.22 % change on previous year +2015.6%
2021 -55.57 % change on previous year -80.8%
2022 17.94 % change on previous year -132.3%
2023 185.38 % change on previous year +933.2%
2024 59.49 % change on previous year -67.9%

Portugal compared with similar countries

  • Portugal's 59.49 % change on previous year is above the median for high income countries, which is 1.31 % change on previous year, 45.5× the median. (71 countries reporting)
  • Portugal's 59.49 % change on previous year is above the median for Europe & Central Asia, which is -7.5 % change on previous year. (51 countries reporting)

Biggest year-on-year movements

Years where Net trade in goods and services (BoP, current US$), annual growth rate 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.

YearChange FromTo
1987 -39277.5% -0.5699 % change on previous year -224.41 % change on previous year
2020 -2015.6% -13.67 % change on previous year -289.22 % change on previous year
2004 -1625.2% 2.59 % change on previous year -39.53 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s -5.37 % change on previous year -19.09 % change on previous year 9.52 % change on previous year 4
1980s -28.3 % change on previous year -224.41 % change on previous year 53.14 % change on previous year 10
1990s -14.55 % change on previous year -47.79 % change on previous year 22.46 % change on previous year 10
2000s -4.46 % change on previous year -39.53 % change on previous year 32.29 % change on previous year 10
2010s 12.85 % change on previous year -48.04 % change on previous year 99.57 % change on previous year 9
2020s -16.4 % change on previous year -289.22 % change on previous year 185.38 % change on previous year 5

Countries ranked near Portugal

  1. 19 Nigeria 62.98 % change on previous year compare
  2. 20 Mexico 61.42 % change on previous year compare
  3. 21 New Zealand 61 % change on previous year compare
  4. 23 Liberia 59.26 % change on previous year compare
  5. 24 Tanzania 53.46 % change on previous year compare
  6. 25 San Marino 52.96 % change on previous year compare

See the full ranking of 200 places →

More economy & growth data for Portugal

All data for Portugal →

Frequently asked questions

What is net trade in goods and services (bop, current us$), annual growth rate in Portugal?
Net trade in goods and services (bop, current us$), annual growth rate in Portugal was 59.49 % change on previous year in 2024, according to Statizoid (derived).
What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Portugal?
The highest recorded value was 185.38 % change on previous year in 2023.
What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Portugal?
The lowest recorded value was -289.22 % change on previous year in 2020.
How does Portugal rank for net trade in goods and services (bop, current us$), annual growth rate?
Portugal ranks 22nd out of 199 countries with data for 2024.
Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Portugal?
Over the last ten years it is up 223.8%. The long-run trend across the full record is volatile.
Where does this Portugal data come from?
The figures come from Statizoid (derived), published as part of Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Net trade in goods and services (BoP, current US$), annual growth rate in Portugal. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/net-trade-in-goods-and-services-bop-current-us-annual-growth-rate/portugal/

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<a href="https://economy.statizoid.com/stat/net-trade-in-goods-and-services-bop-current-us-annual-growth-rate/portugal/">Net trade in goods and services (BoP, current US$), annual growth rate in Portugal</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Net trade in goods and services (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
200 places, 7,458 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.