Portugal current account to gdp

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Portugal current account to gdp: 1.4 (-216.67%)
Last Update: December 31, 2023

Portugal current account to gdp closed down 1.4 as of December 31, 2023 from -1.2 from the previous month and -6 from last year.


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Portugal current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Portugal current account to gdp

Date Values
2023-12-31 1.4
2022-12-31 -1.2
2021-12-31 -0.8
2020-12-31 -1.1
2019-12-31 -0.1
2018-12-31 0.1
2017-12-31 1
2016-12-31 0.6
2015-12-31 0
2014-12-31 0.1
2013-12-31 1.6
2012-12-31 -1.8
2011-12-31 -6
2010-12-31 -10.1
2009-12-31 -10.4
2008-12-31 -12.1
2007-12-31 -9.7
2006-12-31 -10.7
2005-12-31 -9.9
2004-12-31 -8.3
2003-12-31 -7.2
2002-12-31 -8.5
2001-12-31 -10.4
2000-12-31 -10.8

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Portugal current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp pt.currentaccountgdp 1.4 -1.2 -217 -123 UP UP 0 2023-12-31

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Portugal current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Portugal current account to gdp, 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 to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Portugal current account to gdp

The Portugal current account to GDP ratio is a key indicator of the country's economic health and its ability to sustain its current level of economic activity. This ratio measures the balance of goods, services, income, and transfers that Portugal receives from or provides to the rest of the world, relative to the size of its economy. A positive current account to GDP ratio indicates that Portugal is exporting more than it is importing, which can be a sign of a strong economy. Conversely, a negative ratio may suggest that Portugal is relying heavily on imports, potentially leading to economic instability. Monitoring this ratio is crucial for policymakers to make informed decisions about trade policies and overall economic stability.

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