Portugal current account

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Portugal current account: 1162 (-16.68%)
Last Update: September 30, 2024

Portugal current account closed down 1162 as of September 30, 2024 from 1394.7 from the previous month and 985.26 from last year.


Portugal current account Analytics & Data




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Portugal current account

Date Values
2024-09-30 1162
2024-08-31 1394.7
2024-07-31 866.14
2024-06-30 1047.3
2024-05-31 -221.17
2024-04-30 230.21
2024-03-31 725.1
2024-02-29 294.32
2024-01-31 745.81
2023-12-31 -1318.43
2023-11-30 225.23
2023-10-31 43.53
2023-09-30 985.26
2023-08-31 1626.59
2023-07-31 753.48
2023-06-30 1098.46
2023-05-31 -247.86
2023-04-30 -238.62
2023-03-31 -62.65
2023-02-28 -259.28
2023-01-31 288.04
2022-12-31 -369.37
2022-11-30 -587.9
2022-10-31 1122.15

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Portugal current account Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account pt.currentaccount 1162.0 1394.7 -17 18 UP UP 70 2024-09-30

Portugal current account Quantitative Analysis, Charts & Factors

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Portugal current account Historical Data

The MacroVar database offers free access to historical data for the Portugal current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Portugal current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Portugal current account

The Portugal current account refers to the balance of trade and financial transactions between Portugal and other countries. It includes the trade balance, income from foreign investments, and transfers of money. A positive current account balance indicates that Portugal is exporting more goods and services than it is importing, while a negative balance suggests the opposite. The current account is an important indicator of a country's economic health, as a sustained deficit can lead to a decrease in foreign exchange reserves and put pressure on the country's currency. Policymakers in Portugal closely monitor the current account to ensure a healthy balance of trade and financial flows.

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