Government Spending in Portugal decreased to 8504.70 EUR Million in the third quarter of 2018 from 8508.10 EUR Million in the second quarter of 2018. Government Spending in Portugal averaged 8216.62 EUR Million from 1995 until 2018, 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 8588.00 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 8589.00 in 12 months time. In the long-term, the Portugal Government Spending is projected to trend around 8857.00 EUR Million in 2020, according to our econometric models.