Portugal: Government spending, in dollars

* indicates monthly or quarterly data series
 Portugal

Government spending, billion USD

 Latest value 48.79
 Year 2023
 Measure billion U.S. dollars
 Data availability 1970 - 2023
 Average 22.90
 Min - Max 0.98 - 52.13
 Source The World Bank
The latest value from 2023 is 48.79 billion U.S. dollars, an increase from 44.82 billion U.S. dollars in 2022. In comparison, the world average is 69.63 billion U.S. dollars, based on data from 131 countries. Historically, the average for Portugal from 1970 to 2023 is 22.9 billion U.S. dollars. The minimum value, 0.98 billion U.S. dollars, was reached in 1970 while the maximum of 52.13 billion U.S. dollars was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Portugal - Government spending, in dollars - Recent values chart

Historical series
Portugal - Government spending, in dollars - historical chart - 1970-2023




Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 17.00 2023 percent
 Government spending, in dollars 48.79 2023 billion U.S. dollars
 Fiscal balance, percent of GDP 1.20 2023 percent
 Government debt 99.10 2023 percent
 Government expenditure 12.02 Q2/2024 billion
 Long-term interest rate 2.87 8/2024 percent
 Tax revenue 22.55 2022 percent
 Commercial tax rate 39.80 2019 percent
 Tax preparation time 243 2019 hours
 Number of taxes 8 2019 taxes
 Taxes on goods and services 40.31 2022 percent
 Taxes on international trade 0.00 2002 percent
 Income and profits taxes 32.87 2022 percent
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