Portugal recorded a Government Budget surplus equal to 0.50 percent of the country's Gross Domestic Product in 2024. Government Budget in Portugal averaged -4.19 percent of GDP from 1995 until 2024, reaching an all time high of 1.30 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 2025, 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 2026 and -0.60 percent of GDP in 2027, according to our econometric models.