Portugal's government budget deficit widened to EUR 7029.94 million in the first five months of 2026 from EUR 4508.09 million in the corresponding period of the previous year. Government Budget Value in Portugal averaged -3333.26 EUR Million from 1987 until 2026, reaching an all time high of 1704.11 EUR Million in September of 2023 and a record low of -14745.10 EUR Million in December of 2010. source: DGO - Direccao Geral do Orcamento, Portugal

Portugal recorded a government budget deficit of 7029.94 EUR Million in May of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-03 10:30 AM
Budget Balance
Apr €-5.4B €-2.4B €-4.6B
2026-07-03 10:30 AM
Budget Balance
May €-7B €-5.4B €-5.6B
2026-08-03 10:30 AM
Budget Balance
Jun


Related Last Previous Unit Reference
Fiscal Expenditure 31690.88 25185.36 EUR Million May 2026
Budget Balance -7029.94 -5432.35 EUR Million May 2026
Government Debt 283183.00 275063.00 EUR Million Mar 2026
Government Debt to GDP 89.70 93.50 percent of GDP Dec 2025
Government Revenues 24660.93 19753.01 EUR Million May 2026


Portugal Central Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-7029.94 -5432.35 1704.11 -14745.10 1987 - 2026 EUR Million Monthly
Current Prices, NSA