Government Spending in Portugal increased to 8331.70 EUR Million in the third quarter of 2019 from 8324.90 EUR Million in the second quarter of 2019.

Government Spending in Portugal averaged 8060.55 EUR Million from 1995 until 2019, 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.

Government Spending in Portugal is expected to be 8366.00 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 8482.00 in 12 months time. In the long-term, the Portugal Government Spending is projected to trend around 8772.00 EUR Million in 2020, according to our econometric models.

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Portugal Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
8331.70 8324.90 9085.90 6203.80 1995 - 2019 EUR Million Quarterly
Constant Prices 2016, SA

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 Government Last Previous Highest Lowest Unit
Government Debt to GDP 122.20 126.00 131.50 50.30 percent [+]
Government Budget -0.40 -3.00 -0.40 -11.20 percent of GDP [+]
Government Budget Value -4507.00 -3831.00 271.00 -14745.00 EUR Million [+]
Government Spending 8331.70 8324.90 9085.90 6203.80 EUR Million [+]
Government Spending to GDP 44.00 45.70 51.80 42.40 percent [+]
Government Revenues 44917.00 40563.00 47886.00 846.00 EUR Million [+]
Government Debt 252278.00 251348.00 252278.00 62915.00 EUR Million [+]
Fiscal Expenditure 49424.00 44395.00 51469.00 819.00 EUR Million [+]
Military Expenditure 3969.00 3647.00 4881.00 755.00 USD Million [+]
Credit Rating 71.00 [+]
Asylum Applications 175.00 150.00 175.00 5.00 persons [+]