Goods and services expense in Portugal
Portugal: Goods and services expense was 9.40 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Portugal, 1978–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Portugal recorded 9.40 billion current LCU for goods and services expense in 2024. That is the highest value across all 47 years on record.
That represents a change of up 5.5% on the previous year and up 47.2% over ten years.
Over the whole period, goods and services expense in Portugal peaked at 9.40 billion current LCU in 2024 and was at its lowest, 120.71 million current LCU, in 1978.
Portugal ranks 105th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 149.39 million current LCU | 120.71 million current LCU | 178.07 million current LCU | 2 |
| 1980s | 754.39 million current LCU | 223.96 million current LCU | 1.67 billion current LCU | 10 |
| 1990s | 2.80 billion current LCU | 2.00 billion current LCU | 3.62 billion current LCU | 10 |
| 2000s | 5.20 billion current LCU | 4.05 billion current LCU | 6.92 billion current LCU | 10 |
| 2010s | 6.68 billion current LCU | 6.10 billion current LCU | 7.10 billion current LCU | 10 |
| 2020s | 8.49 billion current LCU | 7.32 billion current LCU | 9.40 billion current LCU | 5 |
Countries ranked near Portugal
More public sector data for Portugal
- Arms imports 61.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.3% (2024)
- Taxes on income, profits and capital gains 24.5% (2024)
- Taxes on goods and services 31.1% (2024)
- Net investment in nonfinancial assets 1.6% (2024)
- Net lending (+) / net borrowing (-) 0.4% (2024)
- Interest payments 5.4% (2024)
- Grants and other revenue 10.6% (2024)
- Interest payments 5.7% (2023)
- Other taxes 2.4% (2024)
Frequently asked questions
- What is goods and services expense in Portugal?
- Goods and services expense in Portugal was 9.40 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Portugal?
- The highest recorded value was 9.40 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Portugal?
- The lowest recorded value was 120.71 million current LCU in 1978.
- How does Portugal rank for goods and services expense?
- Portugal ranks 105th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Portugal?
- Over the last ten years it is up 47.2%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.