Portugal’s central government budget deficit widened to €0.6 billion in January 2026 from €0.5 billion a year ago. Government Budget Value in Portugal averaged -3327.65 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 595.72 EUR Million in January of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-02 11:30 AM
Budget Balance
Dec €-7.5B €-6.6B €-6.9B
2026-03-03 11:30 AM
Budget Balance
Jan €-0.6B €-7.5B €-0.5B
2026-04-02 10:30 AM
Budget Balance
Feb


Related Last Previous Unit Reference
Fiscal Expenditure 5665.73 77833.40 EUR Million Jan 2026
Budget Balance -595.72 -7501.60 EUR Million Jan 2026
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 5070.02 70331.80 EUR Million Jan 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
-595.72 -7501.60 1704.11 -14745.10 1987 - 2026 EUR Million Monthly
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