Home/Countries/Portugal/Government Expense (% of GDP)

PortugalGovernment Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #27 of 138Series years: 20002023
Latest Value
37.2%
2023
YoY Change
-5.5%
20222023
Global Rank
#27
of 138 countries
Maximum
47.6%
2014
Minimum
37.2%
2023
CAGR
-0.0%
24 years
Last
37.2%
Previous
39.3%
Highest
47.6%
Lowest
37.2%
Unit
% of GDP
Source
World Bank World Development Indicators

Portugal's government expense (% of GDP) was 37.2% in 2023, ranking #27 out of 138 countries. This represents a -5.5% change from 2022. Over the past 24 years, the highest recorded value was 47.6% (2014) and the lowest was 37.2% (2023). Data sourced from the World Bank World Development Indicators.

Portugal — Government Expense (% of GDP): 37.1595074085006 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202337.2%-5.5%
202239.3%-7.4%
202142.5%-4.7%
202044.5%+15.2%
201938.7%-1.6%
201839.3%-5.7%
201741.7%+0.8%
201641.3%-6.1%
201544.0%-7.5%
201447.6%+4.3%
201345.6%+2.7%
201244.4%-0.3%
201144.5%+0.7%
201044.1%+2.0%
200943.3%+7.7%
200840.2%+2.6%
200739.2%-2.0%
200640.0%-3.2%
200541.3%+2.4%
200440.4%+1.5%
200339.7%+3.4%
200238.4%+1.0%
200138.1%+2.3%
200037.2%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. 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.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →