Portugal's government expenditure increased to EUR 44.40 billion in January-October 2019 from EUR 41.48 billion in the same period last year. Fiscal Expenditure in Portugal averaged 20027.48 EUR Million from 1990 until 2019, reaching an all time high of 51469 EUR Million in December of 2018 and a record low of 819 EUR Million in January of 1991.
Fiscal Expenditure in Portugal is expected to be 13200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Portugal to stand at 57560.00 in 12 months time. In the long-term, the Portugal Fiscal Expenditure is projected to trend around 61100.00 EUR Million in 2020, according to our econometric models.