Portugal recorded a government budget deficit of 7436 EUR Million in August of 2021. source: Banco De Portugal

Government Budget Value in Portugal averaged -3663.76 EUR Million from 1990 until 2021, reaching an all time high of 271.30 EUR Million in January of 2000 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 - values, historical data and charts - was last updated on October of 2021.

Government Budget Value in Portugal is expected to be -9940.00 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 -5660.00 EUR Million in 2022 and -2160.00 EUR Million in 2023, according to our econometric models.

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Portugal Government Budget Value

Portugal Last Unit Reference Previous Highest Lowest
Government Debt to GDP 133.60 percent of GDP Dec/20 116.80 133.60 54.20
Government Budget Value -7436.00 EUR Million Aug/21 -7619.60 271.30 -14745.10
Government Revenues 30047.60 EUR Million Aug/21 25634.00 49938.40 845.50
Government Debt 277508.00 EUR Million Jun/21 275285.00 277508.00 62915.00
Fiscal Expenditure 27920.00 EUR Million Jun/21 22773.00 58956.00 819.00

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.