Makrognosis

Portugal Government Budget Balance

AnnualNot seasonally adjustedCode PT.BUDGET.A.NSA

Latest0.7%2025
Previous0.7%2024
Year ago0.7%2024

Portugal Government Budget Balance was 0.7% in 2025, unchanged from 2024.

Among the 23 economies Makrognosis covers on this measure, it is the 4th highest.

Portugal Government Budget Balance (% of GDP), 2010 – 2025−12.5%−10.0%−7.5%−5.0%−2.5%0.0%20102012201420162018202020222024Robomacro
Portugal Government Budget Balance (% of GDP), 2010 – 2025. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
20250.7%
20240.7%
20231.1%
2022−0.3%
2021−2.8%
2020−5.8%
20190.1%
2018−0.4%
2017−3.0%
2016−1.9%
2015−4.5%
2014−7.4%
2013−5.2%
2012−6.2%
2011−7.7%
2010−11.4%

Last 16 observations. The full history (16 observations) is available through the API.

Get Portugal Government Budget Balance in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/PT.BUDGET.A.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PT.BUDGET.A.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observation2025
First observation2010
Observations16
FrequencyAnnual
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high1.1% (2023)
10-year low−5.8% (2020)
10-year average−1.5%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codePT.BUDGET.A.NSA

Government Budget Balance: how Portugal compares

#EconomyPeriodLatest
1Denmark20252.9%
2Greece20252.0%
3Ireland20251.8%
4Portugal20250.7%
5Qatar20240.7%
6Peru2026−0.9%
7Netherlands2025−1.6%
8Sweden2025−1.6%
9Estonia2025−2.0%
10Czech Republic2025−2.2%
11Spain2025−2.4%
12Germany2025−2.9%
13Italy2025−3.1%
14Finland2025−3.8%
15Bulgaria2025−4.0%
16Austria2025−4.1%
17Trinidad and Tobago2025−4.6%
18Hungary2025−4.7%
19France2025−5.1%
20Belgium2025−5.2%
21Grenada2025−7.2%
22Poland2025−7.2%
23Romania2025−7.8%

Government Budget Balance by country: all 23 economies ranked →

Other Portugal indicators

Portugal GDP (Gross Domestic Product)Portugal Gross domestic product, Current prices, million EURPortugal Inflation Rate (CPI)Portugal Core Inflation RatePortugal Unemployment RatePortugal 10-Year Government Bond YieldPortugal Credit Rating & Sovereign Risk ScorePortugal Industrial ProductionPortugal Retail SalesPortugal Current account balance (BPM6, vs rest of world), not seasonally adjustedPortugal Current account balance, % of GDPPortugal Trade Balance: Goods & ServicesPortugal Exports of goods and services, Current prices, million EURPortugal Exports of goods and services, chain-linked volumePortugal Exports of goods, total trade (World), seasonally adjustedPortugal Imports of goods and services, Current prices, million EUR

FAQ

What is the current government Budget Balance in Portugal?
The latest reading is 0.7% for 2025, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code PT.BUDGET.A.NSA.

Last updated 2026-10-24. Source: Eurostat (Statistical Office of the European Union). Original title: “Portugal — General government fiscal balance, % of GDP (EDP)”.