Name: Portugal Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Portugal,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Portugal recorded a government budget deficit of EUR 3148.6 million in May of 2022, narrowing from a shortage of EUR 6420 million in the same month of the previous year. source: Banco De Portugal

Government Budget Value in Portugal averaged -3681.19 EUR Million from 1990 until 2022, reaching an all time high of 379.80 EUR Million in January of 2022 and a record low of -14745.10 EUR Million in December of 2010. This page provides - Portugal Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Government Budget Value in Portugal is expected to be -6000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Government Budget Value is projected to trend around -2160.00 EUR Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Debt to GDP	127.40	135.20	percent of GDP	Dec 2021
Government Budget Value	-3147.70	-3148.60	EUR Million	May 2022
Government Revenues	19743.70	15433.00	EUR Million	May 2022
Government Debt	275995.00	269232.00	EUR Million	Mar 2022
Fiscal Expenditure	13267.90	9151.40	EUR Million	Mar 2022

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.