Balance of Payments

Portugal’s net external debt fell to 43.9% of GDP in the first quarter of this year, the lowest level since December 2004, representing €126.9Bn, the Bank of Portugal (BdP) announced on Tuesday. [...]

Portugal’s economy posted an overseas balance of payments surplus of €535 million in January, down €397 million like-for-like in 2024 according to the Bank of Portugal. The data from the central [...]

Total trade in goods and services (exports plus imports) between the UK and Portugal was £11.2Bn in the four quarters to the end of Q3 2024, an increase of 0.7% or £83 million (€100 million) in [...]

Portuguese exports of goods and imports rose 23.5% and 15.5%, respectively, in July, compared to the same month last year, according to data released this Monday by the National Institute of [...]

Portugal has hit a 75-year record of €908 million for its trade surplus for the first half of 2024 according to data from the Bank of Portugal (BoP). Since January, the balance of goods and [...]

The Ethics Committee of the European Central Bank has concluded that the governor of the Bank of Portugal did not act in a way that compromised his independence in the case of the prime [...]

The Portuguese Finance minister Fernando Medina said yesterday that Portugal had the conditions to continue to reduce external debt over the next few years despite the rate of inflation slowing. [...]

Portugal’s economy clocked up a €6.2Bn overseas trade balance of payments surplus to September, 2023, compared to a deficit of €1.6Bn for the same period in 2022 and represented 3.2% of [...]

Portugal achieved an overseas trade surplus of nearly €1Bn for the first quarter of 2023. It compared extremely favourably to the commercial trade deficit of €1.5Bn like-for-like in 2022 [...]

Portugal’s trade deficit widened by €1.039Bn in April like-for-like on the same month in 2021, to €2.445Bn. Both exports and imports grew 16.9% and 33.9% respectively in the first quarter of the [...]