Government spending in Portugal was last recorded at 48.4 percent of GDP in 2020 . source: EUROSTAT

Government Spending to GDP in Portugal averaged 45.87 percent from 1995 until 2020, reaching an all time high of 51.90 percent in 2010 and a record low of 42.50 percent in 1997. This page provides the latest reported value for - Portugal Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Portugal Government Spending to GDP - values, historical data and charts - was last updated on August of 2021.

Government Spending to GDP in Portugal is expected to reach 48.00 percent by the end of 2021, 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 46.00 percent in 2022 and 44.00 percent in 2023, according to our econometric models.

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Portugal Government Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
48.40 42.50 51.90 42.50 1995 - 2020 percent of GDP Yearly

Portugal Government Last Previous Highest Lowest Unit
Government Debt to GDP 133.60 116.80 133.60 54.20 percent of GDP [+]
Government Budget -5.70 0.10 0.10 -11.40 percent of GDP [+]
Government Budget Value -8015.60 -6419.80 271.00 -14745.00 EUR Million [+]
Government Spending 8520.90 8664.80 9085.90 6203.80 EUR Million [+]
Government Spending to GDP 48.40 42.50 51.90 42.50 percent of GDP [+]
Government Revenues 19904.40 16353.60 49938.40 846.00 EUR Million [+]
Government Debt 275285.00 270492.00 275285.00 62915.00 EUR Million [+]
Fiscal Expenditure 27920.00 22773.00 58956.00 819.00 EUR Million [+]
Credit Rating 71.00 [+]
Military Expenditure 4557.00 4278.00 4963.00 768.00 USD Million [+]
Asylum Applications 85.00 100.00 195.00 5.00 persons [+]