Portugal recorded a Government Budget deficit equal to 0.50 percent of the country's Gross Domestic Product in 2018. Government Budget in Portugal averaged -4.84 percent of GDP from 1995 until 2018, reaching an all time high of -0.50 percent of GDP in 2018 and a record low of -11.20 percent of GDP in 2010.
Government Budget in Portugal is expected to be -0.40 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Government Budget is projected to trend around 0.30 percent of GDP in 2020, according to our econometric models.