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Government Finance of Portugal

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

17.4% 10.8% 29.9% 37.8%
  • Personal income taxes: 17.4%
  • Corporate income taxes: 10.8%
  • Social security contributions: 29.9%
  • Property taxes: 3.8%
  • Goods and services taxes: 37.8%
  • Other taxes: 0.3%
Show table
Personal income taxes
17.4%
Corporate income taxes
10.8%
Social security contributions
29.9%
Property taxes
3.8%
Goods and services taxes
37.8%
Other taxes
0.3%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 85.6% #31 / 184 2026
Government Gross Debt (Local currency - EUR) 276B - 2026
Government Net Debt (% of GDP) 81.4% #12 / 86 2026
Government Net Debt (Local currency - EUR) 263B - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -0.1% #30 / 189 2026
Fiscal Balance (Local currency - EUR) -450M - 2026
Primary Fiscal Balance (% of GDP) 1.7% #24 / 182 2026
Primary Fiscal Balance (Local currency - EUR) 5.47B - 2026

Revenue and Spending

Government Revenue (% of GDP) 43.8% #27 / 189 2026
Government Revenue (Local currency - EUR) 141B - 2026
Government Spending (% of GDP) 43.9% #40 / 189 2026
Government Spending (Local currency - EUR) 142B - 2026

International Reserves

Total Reserves (USD) 42.4B #48 / 163 2024

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