Portugal recorded a government budget deficit of EUR 3.29 billion in January to November 2018, compared to EUR 4.72 billion gap in the same period of 2017. Government Budget Value in Portugal averaged -3573.33 EUR Million from 1990 until 2018, reaching an all time high of 271 EUR Million in January of 2000 and a record low of -14745 EUR Million in December of 2010.
Government Budget Value in Portugal is expected to be -1670.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Portugal to stand at -2360.00 in 12 months time. In the long-term, the Portugal Government Budget Value is projected to trend around -2310.00 EUR Million in 2020, according to our econometric models.