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Portugal: Government deficit (% of GDP)

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

Government deficit (% of GDP)

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

Compare with other countries →Definition of 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

This series is derived from other GMD variables.

Portugal documentation (PDF)

More for Portugal

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

Government deficit (% of GDP) elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

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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