Current account and capital flows · Portugal

Portugal Current Account

The Portugal Current Account measures money flowing between Portugal and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

Importancia
Low
Publicado
Monthly
Próxima publicación
Divisa
EUR · euro
Banco central
The European Central Bank (with the Banco de Portugal)
Mueve
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

Últimas cifras

El último dato, de AUG, se publicó el 2026-10-20 y fue €1419.85M.

PublicadoParaRealConsensoAnterior
20 Oct 2026AUG€1419.85M–€827.7M
18 Sep 2026JUL€827.7M–€-303.42M
19 Aug 2026JUN€-303.42M–€-624.1M ®
17 Jul 2026MAY€-632.82M–€350.41M
18 Jun 2026APR€350.41M–€93.97M
21 May 2026MAR€93.97M–€-406.98M ®
17 Apr 2026FEB€-288.39M–€17.1M
20 Mar 2026JAN€17.1M–€-739.4M
19 Feb 2026DEC€-739.4M–€-1.8M ®
19 Jan 2026NOV€-68.8M–€1139M
19 Dec 2025OCT€1139M–€566M
19 Nov 2025SEP€566M–€1621M

Verlo en el calendario económico →

Por qué importa

A current-account deficit must be financed by foreign capital, which makes a currency vulnerable when investors turn cautious; a surplus country lends to the world. Capital-flow data show whether foreigners are buying the country's bonds and shares. Tourism and remittances are large sources of foreign currency for some economies.

Cómo se calcula

The balance of payments records every transaction with non-residents: goods, services, income, transfers (current account) and investment (financial account); the two mirror each other.

Current account = trade balance + primary income + secondary income
Current account + capital account + financial account ≈ 0

Qué significan los cambios

  • A deficit above about 4–5% of GDP is often seen as a risk for emerging-market currencies.
  • Large foreign purchases of local bonds support the currency.

Mayor de lo esperado: A larger surplus or stronger inflows than expected tend to support the euro.

Menor de lo esperado: A larger deficit or weaker inflows than expected tend to weigh on the euro.

Una breve historia

Balance-of-payments accounting was standardised by the International Monetary Fund after 1945; current-account crises shaped events from the 1990s emerging-market crises to the euro debt crisis.

Preguntas

What is the Portugal Current Account?

The Portugal Current Account measures money flowing between Portugal and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

What was the latest Portugal Current Account?

€1419.85M for AUG, published on 20 October 2026.

When is the next Portugal Current Account?

On Thursday 19 November 2026 at 11:30 UTC.

Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.