Portugal recorded a government budget deficit of 1197 EUR Million in September of 2018. Government Budget Value in Portugal averaged -3577.25 EUR Million from 1990 until 2018, reaching an all time high of 271 EUR Million in January of 2000 and a record low of -14745 EUR Million in December of 2010.

Government Budget Value in Portugal is expected to be -3160.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Portugal to stand at -2810.00 in 12 months time. In the long-term, the Portugal Government Budget Value is projected to trend around -2310.00 EUR Million in 2020, according to our econometric models.

Portugal Government Budget Value
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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 -1197.00 -2744.00 271.00 -14745.00 EUR Million [+]
Government Spending 8504.70 8508.10 9250.50 6320.30 EUR Million [+]
Government Spending to GDP 45.90 44.90 51.80 42.40 percent [+]
Government Revenues 35514.00 30462.00 45585.00 846.00 EUR Million [+]
Government Debt 246767.00 245829.00 249110.00 62915.00 EUR Million [+]
Fiscal Expenditure 33206.00 29730.00 50565.00 819.00 EUR Million [+]
Credit Rating 44.33 [+]
Military Expenditure 3662.30 3569.10 4746.70 734.00 USD Million [+]
Asylum Applications 60.00 85.00 115.00 5.00 persons [+]


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

Actual Previous Highest Lowest Dates Unit Frequency
-1197.00 -2744.00 271.00 -14745.00 1990 - 2018 EUR Million Monthly
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Country Last Previous
Argentina -16585.90 Oct/18
Australia 999.00 Oct/18
Brazil -6107.00 Oct/18
Canada -1356.00 Sep/18
China 100.80 Oct/18
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Germany 36.06 Jun/18
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South Korea 28653.00 Oct/18
Spain -8384.00 Oct/18
Switzerland 1373.00 Dec/18
Turkey -8515327.00 Oct/18
United Kingdom -3357.00 Oct/18
United States -205000.00 Nov/18


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