Portugal Government Budget  1995-2018 | Data | Chart | Calendar | Forecast

The Portuguese government budget deficit rose to EUR 5.7 billion in 2017, or 3 percent of GDP, from EUR 3.7 billion in 2016, or 2 percent of GDP, a flash estimate from the statistical office showed. The widening is mainly due to the recapitalization of state-owned bank CGD, which amounted to EUR 3.9 billion. The deficit reflecting regular spending and revenue stood at 0.9 percent of GDP. For 2018, the government expects the deficit to fall to 1.1 percent of GDP. Meanwhile, public debt decreased to 125.7 percent of GDP in 2017 from 129.9 percent in 2016, and it is expected to decline further to 123.1 percent at the end of 2018. Government Budget in Portugal averaged -5.03 percent of GDP from 1995 until 2017, reaching an all time high of -2 percent of GDP in 2016 and a record low of -11.20 percent of GDP in 2010.

Portugal Government Budget
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Portugal Government Last Previous Highest Lowest Unit
Government Debt to GDP 125.70 129.90 130.60 50.30 percent [+]
Government Budget -3.00 -2.00 -2.00 -11.20 percent of GDP [+]
Government Budget Value -4255.00 -3204.00 271.00 -14745.00 EUR Million [+]
Government Spending 8415.70 8403.40 9250.50 6320.30 EUR Million [+]
Government Spending to GDP 45.90 44.90 51.80 42.40 percent [+]
Government Revenues 15719.00 13202.00 45585.00 846.00 EUR Million [+]
Government Debt 245829.00 242620.00 249110.00 62915.00 EUR Million [+]
Fiscal Expenditure 19974.00 16406.00 50565.00 819.00 EUR Million [+]
Credit Rating 44.33 [+]
Military Expenditure 3662.30 3569.10 4746.70 734.00 USD Million [+]
Asylum Applications 85.00 80.00 115.00 5.00 persons [+]


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. This page provides - Portugal Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Government Budget - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.00 -2.00 -2.00 -11.20 1995 - 2017 percent of GDP Yearly




government budget by Country
Country Last
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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