Economic Calendar

Portugal Current Account Swings to Surplus

Portugal recorded a current account surplus of EUR 190.6 million in April 2025, compared to a deficit of EUR 93.6 million in the same period of the previous year. The services surplus rose by EUR 416 million, largely due to higher revenues from travel services (EUR 130 million) and transport services (EUR 83 million). Meanwhile, the primary income deficit narrowed by EUR 107 million, mainly reflecting an increase in EU subsidies (EUR 72 million). On the other hand, the goods deficit widened to EUR 288 million, as exports fell by EUR 460 million, outweighing the EUR 173 million decline in imports.

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