Portugal: Tax revenue
* indicates monthly or quarterly data series
| Portugal |
Tax revenue, percent of GDP |
|---|---|
| Latest value | 22.35 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1973 - 2024 |
| Average | 19.15 |
| Min - Max | 11.49 - 23.17 |
| Source | The World Bank |
The latest value from 2024 is 22.35 percent, a decline from 22.67 percent in 2023. In comparison, the world average is 18.04 percent, based on data from 88 countries. Historically, the average for Portugal from 1973 to 2024 is 19.15 percent. The minimum value, 11.49 percent, was reached in 1973 while the maximum of 23.17 percent was recorded in 2022.
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Definition: Taxes are compulsory, unrequited payments, in cash or in kind, made by institutionalunits to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 17.05 | 2025 | percent |
| Government spending, in dollars | 59.10 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 0.70 | 2024 | percent |
| Primary budget balance | 2.60 | 2024 | percent |
| Government expenditure | 12.25 | Q1/2026 | billion |
| Long-term interest rate | 3.33 | 6/2026 | percent |
| Tax revenue | 22.35 | 2024 | percent |
| Commercial tax rate | 39.80 | 2019 | percent |
| Tax preparation time | 243 | 2019 | hours |
| Taxes on goods and services | 31.10 | 2024 | percent |
| Taxes on international trade | 0.00 | 2002 | percent |
| Income and profits taxes | 24.50 | 2024 | percent |
| Government debt | 94.93 | 2024 | percent |
| Government debt in foreign currency, percent | 0.00 | 2024 | percent |
| Government debt held by non-residents | 41.87 | 2024 | percent |
| Sovereign debt average maturity | 7.75 | 2024 | percent |
| Short-term government debt | 8.44 | 2024 | percent |