Portugal recorded a Government Budget surplus equal to 1.20 percent of the country's Gross Domestic Product in 2023. Government Budget in Portugal averaged -4.35 percent of GDP from 1995 until 2023, reaching an all time high of 1.20 percent of GDP in 2023 and a record low of -11.40 percent of GDP in 2010. source: EUROSTAT

Government Budget in Portugal is expected to reach 0.10 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Asylum Applications 195.00 160.00 persons Oct 2024
Credit Rating 71.00 Jan 2025
Fiscal Expenditure 64269.00 57477.96 EUR Million Nov 2024
Government Budget 1.20 -0.30 percent of GDP Dec 2023
Budget Balance -5690.30 -3790.34 EUR Million Nov 2024
Government Debt 272171.00 276719.00 EUR Million Sep 2024
Government Debt to GDP 99.10 112.40 percent of GDP Dec 2023
Government Revenues 58578.70 53687.62 EUR Million Nov 2024
Government Spending 10384.10 10351.60 EUR Million Sep 2024
Government Spending to GDP 42.40 43.90 percent of GDP Dec 2023
Holidays
Military Expenditure 4223.20 3566.60 USD Million Dec 2023

Portugal Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
1.20 -0.30 1.20 -11.40 1995 - 2023 percent of GDP Yearly