Portugal recorded a government budget deficit of EUR 6.42 billion in January-May 2021. source: Banco De Portugal

Government Budget Value in Portugal averaged -3630.92 EUR Million from 1990 until 2021, reaching an all time high of 271 EUR Million in January of 2000 and a record low of -14745 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 - values, historical data and charts - was last updated on July of 2021.

Government Budget Value in Portugal is expected to be -8700.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Portugal to stand at -10300.00 in 12 months time. In the long-term, the Portugal Government Budget Value is projected to trend around -5660.00 EUR Million in 2022 and -2160.00 EUR Million in 2023, according to our econometric models.

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Portugal Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-6419.80 -5680.00 271.00 -14745.00 1990 - 2021 EUR Million Monthly
Current Prices, NSA

Portugal Government Last Previous Highest Lowest Unit
Government Debt to GDP 133.60 116.80 133.60 54.20 percent of GDP [+]
Government Budget -5.70 0.10 0.10 -11.40 percent of GDP [+]
Government Budget Value -6419.80 -5680.00 271.00 -14745.00 EUR Million [+]
Government Spending 8520.90 8664.80 9085.90 6203.80 EUR Million [+]
Government Spending to GDP 48.40 42.50 51.90 42.50 percent of GDP [+]
Government Revenues 16353.60 13075.60 49938.40 846.00 EUR Million [+]
Government Debt 275285.00 270492.00 275285.00 62915.00 EUR Million [+]
Fiscal Expenditure 22773.00 18756.00 58956.00 819.00 EUR Million [+]
Credit Rating 71.00 [+]
Military Expenditure 4557.00 4278.00 4963.00 768.00 USD Million [+]
Asylum Applications 85.00 100.00 195.00 5.00 persons [+]


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.