Current account balance: Spain vs Portugal
Quarterly · % of GDP
Source: Eurostat (bop_gdp6_q), retrieved 2026-10-17 · View on Eurostat · See technical sheet
Spain · Q2 20262.0%10 of 32 in Europe
Portugal · Q2 2026-0.9%16 of 32 in EuropeGap+2.9 ppSpain − Portugal
Trend
Open in the comparison tool → Country ranking →
| Period | Spain | Portugal | Gap |
|---|---|---|---|
| Q2 2026 | 2.0% | -0.9% | +2.9 pp |
| Q1 2026 | 2.3% | -1.4% | +3.7 pp |
| Q4 2025 | 2.6% | -0.1% | +2.7 pp |
| Q3 2025 | 4.0% | 4.0% | 0.0 pp |
| Q2 2025 | 3.8% | 0.4% | +3.4 pp |
| Q1 2025 | 2.6% | 0.3% | +2.3 pp |
| Q4 2024 | 2.7% | -0.3% | +3.0 pp |
| Q3 2024 | 3.7% | 5.1% | -1.4 pp |
Data analysis
In Q2 2026, “Current account balance” stands at 2.0% in Spain and -0.9% in Portugal, a gap of +2.9 pp. A year earlier, the gap was +3.4 pp. In the European ranking, Spain is 10 and Portugal is 16 out of 32 countries.
Current account balance: Spain vs other countries
- Switzerland
- Iceland
- Norway
- Austria
- Belgium
- Bulgaria
- Cyprus
- Czechia
- Germany
- Denmark
- Estonia
- Greece
- Finland
- France
- Croatia
- Hungary
- Ireland
- Italy
- Lithuania
- Luxembourg
- Latvia
- Malta
- Netherlands
- Poland
- Romania
- Sweden
- Slovenia
- Slovakia
- Euro area (20, until 2025)
- Euro area (21)
- European Union (27)
- Albania
- Bosnia and Herzegovina
- Moldova
- Montenegro
- North Macedonia
- Serbia
- Türkiye
Other indicators: Spain vs Portugal
- Real GDP, year-on-year change (quarterly)
- GDP per capita in PPS relative to the EU27
- HICP, annual rate of change
- Core HICP (excluding energy, food, alcohol and tobacco)
- Government deficit (−) or surplus (+)
- Government debt
- Economic sentiment indicator
- Unemployment rate
- Youth unemployment rate (under 25)
- Employment rate (20–64)
- 10-year government bond yield