Portugal’s central government budget deficit widened to €7.50 billion in 2025, up from €5.66 billion recorded in 2024, as revenue rose 6.0% to €70.33 billion and spending increased at a faster pace of 8.1% to €77.83 billion. source: DGO - Direccao Geral do Orcamento, Portugal

Portugal recorded a government budget deficit of 7501.60 EUR Million in December of 2025. Government Budget Value in Portugal averaged -3333.49 EUR Million from 1987 until 2025, 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. This page provides - Portugal Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Central Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-05 01:00 PM
Budget Balance
Nov €-6.6B €-4.3B €-5.4B
2026-02-02 11:30 AM
Budget Balance
Dec €-7.5B €-6.6B €-6.9B
2026-03-03 11:30 AM
Budget Balance
Jan €-7.5B €-0.5B


Related Last Previous Unit Reference
Fiscal Expenditure 77833.40 68614.29 EUR Million Dec 2025
Budget Balance -7501.60 -6625.05 EUR Million Dec 2025
Government Debt 274776.00 294420.00 EUR Million Dec 2025
Government Debt to GDP 93.60 97.70 percent of GDP Dec 2024
Government Revenues 70331.80 61989.24 EUR Million Dec 2025


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
-7501.60 -6625.05 1704.11 -14745.10 1987 - 2025 EUR Million Monthly
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