Tax revenue in Portugal
Portugal: Tax revenue was 64.76 billion current LCU in 2024. ◆ Volatile
Tax revenue in Portugal, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Portugal recorded 64.76 billion current LCU for tax revenue in 2024. That is the highest value across all 52 years on record.
The figure is up 5.6% on the previous year and up 63.5% over ten years.
Over the whole period, tax revenue in Portugal peaked at 64.76 billion current LCU in 2024 and was at its lowest, 211.99 million current LCU, in 1973.
That places Portugal 101st out of 157 countries with data for 2024, putting it 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 | 480.91 million current LCU | 211.99 million current LCU | 894.35 million current LCU | 7 |
| 1980s | 4.06 billion current LCU | 1.25 billion current LCU | 8.44 billion current LCU | 10 |
| 1990s | 17.17 billion current LCU | 9.89 billion current LCU | 25.05 billion current LCU | 10 |
| 2000s | 32.04 billion current LCU | 26.81 billion current LCU | 37.75 billion current LCU | 10 |
| 2010s | 41.03 billion current LCU | 35.41 billion current LCU | 48.15 billion current LCU | 10 |
| 2020s | 55.12 billion current LCU | 44.75 billion current LCU | 64.76 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 tax revenue in Portugal?
- Tax revenue in Portugal was 64.76 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Portugal?
- The highest recorded value was 64.76 billion current LCU in 2024.
- What is the lowest tax revenue recorded in Portugal?
- The lowest recorded value was 211.99 million current LCU in 1973.
- How does Portugal rank for tax revenue?
- Portugal ranks 101st out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Portugal?
- Over the last ten years it is up 63.5%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.