Government Spending in Portugal increased to 8879.90 EUR Million in the second quarter of 2021 from 8613.20 EUR Million in the first quarter of 2021. source: Statistics Portugal

Government Spending in Portugal averaged 8095.48 EUR Million from 1995 until 2021, reaching an all time high of 9085.90 EUR Million in the third quarter of 2009 and a record low of 6203.80 EUR Million in the first quarter of 1995. This page provides - Portugal Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Government Spending - values, historical data and charts - was last updated on October of 2021.

Government Spending in Portugal is expected to be 9322.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Government Spending is projected to trend around 9387.00 EUR Million in 2022 and 9574.00 EUR Million in 2023, according to our econometric models.

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Portugal Government Spending

Portugal Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

Portugal Last Unit Reference Previous Highest Lowest
Government Spending 8879.90 EUR Million Jun/21 8613.20 9085.90 6203.80