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)
Últimas cifras
El último dato, de AUG, se publicó el 2026-10-20 y fue €1419.85M.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 20 Oct 2026 | AUG | €1419.85M | – | €827.7M |
| 18 Sep 2026 | JUL | €827.7M | – | €-303.42M |
| 19 Aug 2026 | JUN | €-303.42M | – | €-624.1M ® |
| 17 Jul 2026 | MAY | €-632.82M | – | €350.41M |
| 18 Jun 2026 | APR | €350.41M | – | €93.97M |
| 21 May 2026 | MAR | €93.97M | – | €-406.98M ® |
| 17 Apr 2026 | FEB | €-288.39M | – | €17.1M |
| 20 Mar 2026 | JAN | €17.1M | – | €-739.4M |
| 19 Feb 2026 | DEC | €-739.4M | – | €-1.8M ® |
| 19 Jan 2026 | NOV | €-68.8M | – | €1139M |
| 19 Dec 2025 | OCT | €1139M | – | €566M |
| 19 Nov 2025 | SEP | €566M | – | €1621M |
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 ≈ 0Qué 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.