Portugal recorded a Government Budget deficit equal to 2.90 percent of the country's Gross Domestic Product in 2021. source: EUROSTAT

Government Budget in Portugal averaged -4.70 percent of GDP from 1995 until 2021, reaching an all time high of 0.10 percent of GDP in 2019 and a record low of -11.40 percent of GDP in 2010. This page provides - Portugal Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Government Budget - values, historical data and charts - was last updated on March of 2023.

Government Budget in Portugal is expected to reach -1.10 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Government Budget is projected to trend around -1.00 percent of GDP in 2024, according to our econometric models.

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Portugal Government Budget



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Government Budget -2.90 -5.80 percent of GDP Dec 2021
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Portugal Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-2.90 -5.80 0.10 -11.40 1995 - 2021 percent of GDP Yearly