Two-way investment brief
Australia–Portugal
Portugal direct investment in Australia
—
Total Portugal investment in Australia
A$307 m
Australian direct investment in Portugal
A$63 m
Total Australian investment in Portugal
A$1.0 bn
Trend
Direct investment in both directions
- Portugal in Australia
- Australia in Portugal
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
- Direct investment
- Portfolio investment
- Other investment
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
Net transactions during the year; negative = net disinvestment
- Portugal → Australia
- Australia → Portugal
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
Trade relationship
Australia–Portugal trade
Investment and trade move together: the partners that invest most in Australia are usually major trading partners too. Goods trade is recorded monthly (latest: July 2026); services annually.
Two-way trade, 2025
A$506 m
Goods exports to Portugal, 2025
A$50 m
Goods imports from Portugal, 2025
A$455 m
Services trade, 2025
A$0 k
Calendar years, A$ (ABS merchandise trade)
- Exports to Portugal
- Imports from Portugal
Source: ABS, International Merchandise Trade (MERCH_EXP / MERCH_IMP), summed to calendar years.
Calendar years, A$ (ABS international trade in services by country)
- Exports to Portugal
- Imports from Portugal
Source: ABS, International Trade in Services by Country, calendar years.
Economic outlook
Portugal’s economy
| IMF World Economic Outlook | 2024 | 2025 | 2026forecast | 2027forecast | 2028forecast |
|---|---|---|---|---|---|
| Real GDP growth | 2.2% | 1.9% | 1.9% | 1.8% | 1.8% |
| Inflation | 2.7% | 2.2% | 3.1% | 2.3% | 2.4% |
| Unemployment rate | 6.5% | 6.0% | 5.9% | 5.9% | 5.8% |
| Current account, % GDP | 2.2% | 1.2% | 0.5% | 0.7% | 0.8% |
| Fiscal balance, % GDP | 0.5% | 0.3% | −0.1% | −0.2% | −0.5% |
| Government gross debt, % GDP | 93.5% | 89.9% | 85.6% | 82.2% | 79.3% |
Source: IMF World Economic Outlook via the IMF DataMapper API. Years from 2026 are IMF projections; recent years may be estimates and are revised in each WEO round (April and October).
2025 at a glance
- New FDI from Portugal
- —
- New Australian FDI in Portugal
- −A$22 m
- Direct investment income paid to investors
- —
- Direct investment income earned by Australians
- —
Portugal globally (World Bank)
- FDI outflows, 2024
- $6.8 bn · 33rd
- FDI inflows, 2024
- $13.5 bn
- GDP, 2025
- $347 bn
- Region · income
- Europe & Central Asia · High income
Regulatory openness (OECD FDIRRI)
OECD index data loading — see FDI openness
Sources: ABS, International Investment Position, Australia: Supplementary Statistics (cat. 5352.0), 2025 release, released 2026-05-06 — levels at 31 December and calendar-year flows and income, A$ millions, immediate counterparty basis (investment routed via third economies is attributed to the intermediate economy). World Bank WDI (US$). OECD FDI Regulatory Restrictiveness Index. np = not published for confidentiality; included in totalsPrepared independently by FDIstats from public statistics; not an Australian Government publication and not investment advice. For foreign investment rules, see the Treasury and FIRB.