Government Spending in Portugal increased to 8534.60 EUR Million in the first quarter of 2019 from 8526.70 EUR Million in the fourth quarter of 2018. Government Spending in Portugal averaged 8223.47 EUR Million from 1995 until 2019, reaching an all time high of 9250.50 EUR Million in the third quarter of 2009 and a record low of 6320.30 EUR Million in the first quarter of 1995.
Government Spending in Portugal is expected to be 8560.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Portugal to stand at 8694.00 in 12 months time. In the long-term, the Portugal Government Spending is projected to trend around 9019.00 EUR Million in 2020, according to our econometric models.