Government Spending in Portugal increased to 9134.40 EUR Million in the fourth quarter of 2023 from 9126.50 EUR Million in the third quarter of 2023. Government Spending in Portugal averaged 8174.37 EUR Million from 1995 until 2023, reaching an all time high of 9134.40 EUR Million in the fourth quarter of 2023 and a record low of 6203.80 EUR Million in the first quarter of 1995. source: Statistics Portugal

Government Spending in Portugal is expected to be 9131.00 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 Spending is projected to trend around 9466.00 EUR Million in 2025 and 9627.00 EUR Million in 2026, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 470.00 390.00 persons Jan 2024
Credit Rating 70.00 Apr 2024
Fiscal Expenditure 10814.80 4913.10 EUR Million Feb 2024
Government Budget 1.20 -0.30 percent of GDP Dec 2023
Budget Balance -1739.60 -707.70 EUR Million Feb 2024
Government Debt 263085.00 279951.00 EUR Million Dec 2023
Government Debt to GDP 99.10 112.40 percent of GDP Dec 2023
Government Revenues 9075.20 4205.40 EUR Million Feb 2024
Government Spending 9134.40 9126.50 EUR Million Dec 2023
Government Spending to GDP 42.30 44.10 percent of GDP Dec 2023
Holidays
Military Expenditure 4223.20 3566.60 USD Million Dec 2023

Portugal Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
9134.40 9126.50 9134.40 6203.80 1995 - 2023 EUR Million Quarterly
Constant Prices 2016, SA