Portugal recorded a Government Budget surplus equal to 0.70 percent of the country's Gross Domestic Product in 2025. Government Budget in Portugal averaged -4.04 percent of GDP from 1995 until 2025, reaching an all time high of 1.10 percent of GDP in 2023 and a record low of -11.40 percent of GDP in 2010. source: EUROSTAT
Government Budget in Portugal is expected to reach -0.10 percent of GDP by the end of 2026, 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 2027 and -0.90 percent of GDP in 2028, according to our econometric models.