Portugal's government budget deficit narrowed to EUR 2.3 billion in January to October 2022, from EUR 8.2 billion in the same period of 2021. Revenues surged 18.9 percent from a year earlier to EUR 46.82 billion, while fiscal expenditure advanced at a slower 3.2 percent to EUR 49.08 billion. source: Banco De Portugal

Government Budget Value in Portugal averaged -3651.43 EUR Million from 1990 until 2022, reaching an all time high of 1030.50 EUR Million in September of 2022 and a record low of -14745.10 EUR Million in December of 2010. This page provides - Portugal Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Government Budget Value in Portugal is expected to be -8660.00 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 Budget Value is projected to trend around -6960.00 EUR Million in 2023 and -6560.00 EUR Million in 2024, according to our econometric models.

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Portugal Government Budget Value

Calendar GMT Actual Previous Consensus TEForecast
2022-11-02 11:30 AM Sep €1.031B €-1.356B € -6B
2022-12-02 11:30 AM Oct €-2.3B €1.031B €-1.8B

Related Last Previous Unit Reference
Government Debt to GDP 127.40 135.20 percent of GDP Dec 2021
Government Budget Value -2265.50 1030.50 EUR Million Oct 2022
Government Revenues 46818.00 43214.00 EUR Million Oct 2022
Government Debt 280611.00 275995.00 EUR Million Jun 2022
Fiscal Expenditure 49083.50 42183.50 EUR Million Oct 2022

Portugal Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-2265.50 1030.50 1030.50 -14745.10 1990 - 2022 EUR Million Monthly
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