Portugal current account

Portugal’s current account icnreased to -974.9 by 69.11% on May 2021 from -576.5 in the previous month. On a year on year basis Portugal’s current account decreased by -47.13%. Portugal’s current account trend is down since the current value of -974.9 is lower than the 12 month moving average of -121.018. and the 12 month moving average slope is up. Portugal’s current account 5-year percentile is currently at 55.0%.

Portugal current account Chart

stmk81447 var1=1909end
| | |

MacroVar offers Free access to our database of historical data for the largest economies and financial markets including economic indicators, stocks, bonds, commodities, currencies and credit default swaps.
  1. Click the CSV button below to download the last 5 years of historical data.
  2. Download for Free unlimited historical data by Creating your free account
Date Value
31/10/2021 279,05
30/09/2021 -61,75
31/08/2021 448,80
31/07/2021 -211,08
30/06/2021 35,94
31/05/2021 -895,85
30/04/2021 -602,81
31/03/2021 -43,79
28/02/2021 -4,22
31/01/2021 -429,35

Copy the following Code to your Website


MacroVar API for Python offers free access to last 5 years of historical data. click the Copy Button below and run code in your computer.
To get full historical data:
  1. create a free account
  2. Use your username and password in the code below.




Get notified instantly when MacroVar new signals are available for Portugal current account. Create your free account


Portugal current account

Portugal Current account Statistics

Click here to explore the methodology used for estimating the Portugal current account signals presented in the statistics table below.

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account -974.9 -576.5 0.691067 -0.471324 -1.0 1.0 0.55 2021-05-31

Portugal Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
PSI 20 PSI20 4987.12 0.5 0.75 1.04677 65.9991 -3.47 -1.04 -0.61 -0.06287
Portugal 20 ETF PGAL 10.77 1 1 1.67877 72.0418 -3.67 -6.59 -5.94 0.00534
Portugal 10-Year Bond Yield PT.10Y 0.25 -1 -0.75 -1.26778 48.6026 -11.03 -42.66 -43.44 -0.9284
Portugal 5-Year Bond Yield PT.5Y -0.42 1 -0.75 -1.25281 46.4282 3.19 52.17 85.84 2.96429
Portugal 2-year bond yield PT.2Y -0.6 0 -0.5 -1.23299 49.9123 0.5 7.72 16.73 14.1957
Portugal Yield Curve PT.YC 0.85 -0.5 -0.25 -0.77314 51.5593 -3.19 -14.49 -12.64 -0.18049
Portugal Credit Default Swaps CDS.Portugal 28.5 -1 -1 -0.85926 35.4116 1.79 -8.06 -3.39 -0.07845

Portugal Financial News Stream

Portugal Macroeconomic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade -1369 -1302 0.0514593 0.446015 -1.0 -1.0 0.883333 2021-05-31
bank lending rate 2.15 2.26 -0.0486726 0.319018 -1.0 1.0 1 2021-05-31
banks balance sheet 443591 445770 -0.00488817 0.216291 1.0 1.0 0.983333 2020-08-31
building permits 2207 2554 -0.135865 0.640892 1.0 1.0 1 2021-04-30
business confidence 0.5 -0.8 -1.625 -1.14706 1.0 1.0 0.166667 2021-05-31
capacity utilization 78.75 79.15 -0.0050537 -0.0227103 1.0 -1.0 0.366667 2020-07-01
car registrations 18936 16661 0.136546 0.709642 1.0 1.0 0.966667 2021-06-30
central bank balance sheet 208971 205804 0.0153884 0.577533 1.0 1.0 0.916667 2021-06-30
consumer confidence -12.6 -12.8 -0.015625 -0.509728 1.0 1.0 0.233333 2021-06-30
consumer price index cpi 105.36 105.2 0.00152091 0.00508457 1.0 1.0 0.416667 2021-06-30
core inflation rate -0.25 0.63 -1.39683 -2.22609 -1.0 -1.0 0.0333333 2021-06-30
current account -974.9 -576.5 0.691067 -0.471324 -1.0 1.0 0.55 2021-05-31
current account to gdp -1.2 0.4 -4 -0.900826 1.0 1.0 0 2020-01-31
exports 5300 5328 -0.00525526 0.548254 1.0 1.0 0.983333 2021-05-31
external debt 409272 410349 -0.0026246 -0.00225258 -1.0 -1.0 0.183333 2020-07-01
fiscal expenditure 22773 18756 0.214171 0.0278016 -1.0 1.0 0.616667 2021-05-31
foreign exchange reserves 25359.7 26118.5 -0.0290522 -0.0427882 1.0 -1.0 0.233333 2021-06-30
gdp 237.686 241.275 -0.0148751 -0.0104292 1.0 -1.0 0 2019-01-31
Real GDP 46644.7 48144.7 -0.0311561 -0.0494757 -1.0 -1.0 0.166667 2020-09-01
gdp growth -3.3 0.2 -17.5 -6.5 -1.0 -1.0 0.1 2020-07-01
gdp growth annual -5.4 -6.1 -0.114754 -3.07692 -1.0 -1.0 0.15 2020-09-01
gold reserves 382.57 382.5 0.000183007 0.000156859 1.0 1.0 0.983333 2020-07-01
government budget -5.7 0.1 -58 0.540541 -1.0 -1.0 0 2019-02-28
Government budget -6419.8 -5680 0.130246 0.350968 1.0 -1.0 0.7 2021-05-31
government debt 275285 270492 0.0177196 0.119027 1.0 1.0 0.383333 2021-01-01
government debt to gdp 133.6 116.8 0.143836 0.863319 1.0 1.0 0 2020-01-31
government revenues 16353.6 13075.6 0.250696 -0.0604079 -1.0 -1.0 0.233333 2021-05-31
imports 6668.59 6630 0.00582051 0.526011 1.0 1.0 0.983333 2021-05-31
industrial production 27.1 37.3 -0.273458 -1.97482 1.0 1.0 0.233333 2021-05-31
industrial production mom -4.5 0.5 -10 -2.40625 -1.0 -1.0 0.266667 2021-05-31
inflation cpi 0.5 1.2 -0.583333 -1.71429 1.0 1.0 0.05 2021-06-30
interbank rate -0.33 -0.33 0 -0.214286 1.0 1.0 0.0916667 2021-02-28
interest rate 0.05 0.05 0 0 1.0 -1.0 0.791667 2016-03-09
loan growth 7.4 10 -0.26 0.541667 -1.0 1.0 0.7 2021-05-31
loans to private sector 75625.3 75150.4 0.00631933 0.0854008 1.0 1.0 0.916667 2021-05-31
long term unemployment rate 2.4 2.5 -0.04 -0.351351 -1.0 -1.0 0.266667 2021-01-01
money supply m0 32675.6 32423.5 0.00777522 0.0840051 1.0 1.0 0.783333 2021-06-30
money supply m1 161498 161840 -0.0021132 0.149133 1.0 1.0 0.783333 2020-08-31
money supply m2 277341 275148 0.00797026 0.123256 1.0 1.0 0.966667 2021-05-31
Producer Price Index 106.5 104.9 0.0152526 0.0885119 1.0 1.0 1 2021-06-30
PPI Index 8.9 7.7 0.155844 -2.5614 1.0 1.0 0.1 2021-06-30
retail sales MoM 3.9 4.2 -0.0714286 -0.74 1.0 -1.0 0.55 2021-05-31
retail sales 16.1 28.5 -0.435088 -2.4375 1.0 1.0 0.1 2021-05-31
unemployment rate 7.1 7.8 -0.0897436 -0.123457 1.0 -1.0 0.366667 2020-06-01
youth unemployment rate 24.4 24 0.0166667 0.140187 1.0 1.0 0.8 2021-05-31
Construction sector -7.8 -15.2 -0.486842 -0.76 1.0 1.0 0.0166667 2021-04-01
Consumer sector -14.6 -22.4 -0.348214 -0.597796 1.0 1.0 0.133333 2021-04-01
Manufacturing sector -4.2 -11.9 -0.647059 -0.849462 1.0 1.0 0.45 2021-04-01
Retail sector -4.5 -15.1 -0.701987 -0.835165 1.0 1.0 0.35 2021-04-01
Services sector -6.1 -23.4 -0.739316 -0.867965 1.0 1.0 0.216667 2021-04-01
ESI - Economic Composite 104 93.1 0.117078 0.48784 1.0 1.0 1 2021-04-01

Portugal current account analysis

Portugal’s current account is comprised of Portugal’s exports minus imports, net income from abroad and net current transfers. Portugal’s finances are reflected in a simple income statement of revenue and expenses and a simple balance sheet of assets and liabilities. When Portugal’s revenue, from what one sells, is greater than one’s expenditure, there is positive net income, which leads to one’s assets to rise relative to one’s liabilities (most importantly debt, which raises one’s net savings. Exports are the main revenue source for countries. Net income is export earnings minus import spending (balance of goods and services) that makes the net income of a country that comes from trading with foreigners. If one buys more than one sells, he has to finance the difference by some mix of drawing down one’s savings and/or borrowing. one can think of a country’s savings as its foreign-exchange reserves. When the country has a current account deficit it is financed by its exchange rate reserves or increasing debt. The financing is calculated by the country’s capital account. Explore MacroVar financial knowledge base structured by professional fund managers and economists.

Portugal current account trend

Portugal current account trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Portugal current account has recorded new highs or lows. Portugal current account trend change is assumed when the specific indicator has recorded a 3-month high / low or more.

Portugal current account momentum

Portugal current account momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.

Feedback
Feedback
How would you rate your experience?
Do you have any additional comment?
Next
Enter your email if you'd like us to contact you regarding with your feedback.
Back
Submit
Thank you for submitting your feedback!