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Portugal: General government deficit (% of GDP)

Percent of GDP · 1880–2025 · 141 observations · forecasts to 2031 · gen_govdef_GDP

2025
0.70%percent of GDP
Change on 2024
+0.1 pointsfrom 0.60%
Average, 2016–2025
−1.17%10 years
Record high and low
1.86% (1929)low −11.4% (2010)

General government deficit (% of GDP)

Report error
-12%-10%-8%-6%-4%-2%0%2%18801900192019401960198020002020PortugalPortugal
ForecastPercent of GDP

Compare with other countries →Definition of General government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-1.58Forecast
2030-1.21Forecast
2029-0.861Forecast
2028-0.524Forecast
2027-0.163Forecast
20260.246Forecast
20250.70
20240.60
20231.10
2022-0.30
2021-2.80
2020-5.80
20190.10
2018-0.40
2017-3.00
2016-1.90

Sources

  • IMF Fiscal Policy Panel1880–2023
  • OECD Economic Outlook1977–2025
  • IMF World Economic Outlook1986–2024
  • IMF Government Finance Statistics1987–2024
  • AMECO (European Commission)1995–2025
  • Eurostat1995–2025
  • IMF WEO (forecast)2024–2031
  • AMECO (forecast)2025–2027
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Portugal documentation (PDF)

More for Portugal

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 75 series →

General government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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