Portugal: Reserves

* indicates monthly or quarterly data series
 Portugal

Foreign exchange reserves including gold, billion USD

 Latest value 32.23
 Year 2022
 Measure billion U.S. dollars
 Data availability 1960 - 2022
 Average 13.15
 Min - Max 0.69 - 32.54
 Source The World Bank
For that indicator, we provide data for Portugal from 1960 to 2022. The average value for Portugal during that period was 13.15 billion U.S. dollars with a minimum of 0.69 billion U.S. dollars in 1961 and a maximum of 32.54 billion U.S. dollars in 2021. The latest value from 2022 is 32.23 billion U.S. dollars. For comparison, the world average in 2022 based on 145 countries is 96.00 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Portugal - Reserves - recent values

Historical chart
Portugal - Reserves - historical chart - 1960-2022




The reserves of Portugal and other countries include their holdings of foreign currencies and gold. These are the reserves of the central bank and the treasury of the country, not the private sector.

When countries export products or attract investment from other countries, they receive foreign currencies. They use some of these currencies to buy imports and to invest in other countries. The rest is held in reserves and some of the reserves may be converted to gold.
Definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.


 Related indicators Latest value Reference Measure
 Terms of trade 97.60 2021 percent
 Trade openness 102.92 2022 percent
 Exports, percent of GDP 50.05 2022 percent
 Exports, billion dollars 126.57 2022 billion U.S. dollars
 Growth of exports 17.40 2022 percent
 Imports, percent of GDP 52.59 2022 percent
 Imports, billion dollars 132.72 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.57 2022 percent
 Foreign Direct Investment, billion dollars 9.10 2022 billion U.S. dollars
 Portfolio investment inflows, equities 1,724.87 2021 million dollars (current)
 Current account, percent of GDP -1.30 2022 percent
 Current account, in dollars -3.11 2022 billion U.S. dollars
 Trade balance, percent of GDP -2.41 2022 percent
 Trade balance, in dollars -5.08 2022 billion U.S. dollars
 Reserves 32.23 2022 billion U.S. dollars
 Remittances, percent of GDP 4.03 2022 percent
 Remittances 3,360.89 1998 million U.S. dollars
 Net errors and omissions 219.05 2022 million USD
 Foreign exchange reserves 30.72 9/2023 billion
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