Government Spending in Portugal increased to 8551.60 EUR Million in the second quarter of 2019 from 8542.90 EUR Million in the first quarter of 2019. Government Spending in Portugal averaged 8226.90 EUR Million from 1995 until 2019, reaching an all time high of 9250.50 EUR Million in the third quarter of 2009 and a record low of 6320.30 EUR Million in the first quarter of 1995.
Government Spending in Portugal is expected to be 8667.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Portugal to stand at 8680.00 in 12 months time. In the long-term, the Portugal Government Spending is projected to trend around 9004.00 EUR Million in 2020, according to our econometric models.