Portugal - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Portugal was -2.11 as of 2020. Its highest value over the past 50 years was 1.15 in 2016, while its lowest value was -14.91 in 1981.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 -4.99
1971 -5.37
1972 -3.56
1973 -5.36
1974 -11.84
1975 -9.57
1976 -10.40
1977 -11.66
1978 -9.61
1979 -8.34
1980 -11.32
1981 -14.91
1982 -14.39
1983 -9.82
1984 -6.05
1985 -3.03
1986 -2.03
1987 -4.90
1988 -7.93
1989 -5.94
1990 -6.72
1991 -7.27
1992 -7.39
1993 -6.97
1994 -6.91
1995 -6.38
1996 -7.11
1997 -8.00
1998 -9.17
1999 -10.35
2000 -11.04
2001 -10.22
2002 -8.16
2003 -6.40
2004 -7.87
2005 -8.78
2006 -7.83
2007 -7.56
2008 -9.55
2009 -6.91
2010 -7.64
2011 -4.19
2012 -0.49
2013 1.10
2014 0.15
2015 0.74
2016 1.15
2017 1.01
2018 0.46
2019 0.45
2020 -2.11

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts