Government Spending in Portugal decreased to 8520.90 EUR Million in the first quarter of 2021 from 8664.80 EUR Million in the fourth quarter of 2020. source: Statistics Portugal

Government Spending in Portugal averaged 8082.04 EUR Million from 1995 until 2021, 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 2021.

Government Spending in Portugal is expected to be 8857.00 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 9075.00 in 12 months time. In the long-term, the Portugal Government Spending is projected to trend around 9316.00 EUR Million in 2022 and 9502.00 EUR Million in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Portugal Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
8520.90 8664.80 9085.90 6203.80 1995 - 2021 EUR Million Quarterly
Constant Prices 2016, SA

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 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.