Government Spending in Portugal decreased to 8370.30 EUR Million in the first quarter of 2020 from 8374.20 EUR Million in the fourth quarter of 2019.

Government Spending in Portugal averaged 8067.30 EUR Million from 1995 until 2020, 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 July of 2020.

Government Spending in Portugal is expected to be 8145.00 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 9224.00 in 12 months time. In the long-term, the Portugal Government Spending is projected to trend around 8372.00 EUR Million in 2021 and 8539.00 EUR Million in 2022, according to our econometric models.

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Portugal Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
8370.30 8374.20 9085.90 6203.80 1995 - 2020 EUR Million Quarterly
Constant Prices 2016, SA

Portugal Government Last Previous Highest Lowest Unit
Government Debt to GDP 117.70 122.00 131.50 50.30 percent [+]
Government Budget 0.20 -0.40 0.20 -11.40 percent of GDP [+]
Government Budget Value -3404.20 -1553.00 271.00 -14745.00 EUR Million [+]
Government Spending 8370.30 8374.20 9085.90 6203.80 EUR Million [+]
Government Spending to GDP 42.70 43.40 51.90 42.50 percent [+]
Government Revenues 14906.00 11474.00 49914.00 846.00 EUR Million [+]
Government Debt 254769.00 249980.00 254769.00 62915.00 EUR Million [+]
Fiscal Expenditure 13027.00 9163.00 53883.00 819.00 EUR Million [+]
Credit Rating 71.00 [+]
Military Expenditure 3969.00 3647.00 4881.00 755.00 USD Million [+]
Asylum Applications 120.00 130.00 195.00 5.00 persons [+]


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.