Government spending in Portugal was last recorded at 42.6 percent of GDP in 2024 . Government Spending to GDP in Portugal averaged 45.66 percent of GDP from 1995 until 2024, reaching an all time high of 51.90 percent of GDP in 2010 and a record low of 41.90 percent of GDP in 2023. source: EUROSTAT
Government Spending to GDP in Portugal is expected to reach 43.20 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Government Spending to GDP is projected to trend around 43.00 percent of GDP in 2027 and 43.10 percent of GDP in 2028, according to our econometric models.