Government Spending in Portugal decreased to 9038 EUR Million in the first quarter of 2023 from 9063.60 EUR Million in the fourth quarter of 2022. source: Statistics Portugal

Government Spending in Portugal averaged 8151.52 EUR Million from 1995 until 2023, 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 June of 2023.

Government Spending in Portugal is expected to be 9144.00 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 Spending is projected to trend around 9301.00 EUR Million in 2024 and 9468.00 EUR Million in 2025, according to our econometric models.

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Portugal Government Spending

Related Last Previous Unit Reference
Government Spending 9038.00 9063.60 EUR Million Mar 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
9038.00 9063.60 9085.90 6203.80 1995 - 2023 EUR Million Quarterly
Constant Prices 2016, SA