Portugal’s Current Account Surplus Plunges in January

EthereumCraftsman · 2026-03-20T12:20:18+00:00

Portugal's current account surplus decreased to €17 million in January 2026, significantly down from €456 million a year earlier, with notable declines in services and secondary income surpluses, and a widening goods deficit.

EthereumCraftsman

2026-03-20 12:20:18

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Portugal’s current account surplus shrunk to just €17 million in January 2026, down sharply from €456 million a year earlier. The services surplus eased to €2,035 million (vs. €2,207 million in January 2025), with tourism revenues nearly flat at €1,596 million (vs. €1,550 million). The secondary income surplus also fell to €308 million (from €381 million), while the goods deficit widened to €2,138 million (from €1,908 million). The primary income deficit narrowed slightly to €188 million (from €225 million).

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