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