Expenditure and revenue
Find out in detail about the government's rendering of accounts, through the General State Account, representing the final outturn of revenue and expenditure.
From what stage of the budget cycle is this information?
The Government clears the final accounts of the budget and produces the General State Account, summarizing all the data on the execution of expenditure and revenue for the twelve months of the respective year.
- 2019
- 2020
- 2021
- 2022
- 2023
Running the accounts
By consolidating all the information relating to the annual balance of Portugal's accounts, the General State Account reflects the difference between the revenue obtained and the expenditure incurred.
Balance between expenditure and revenue
Balance between expenditure and revenue
State Budget Year | Forecast expenditure | Executed expenditure | Forecast revenue | Raised revenue |
---|---|---|---|---|
2023 |
85018000000 €
|
81308400000 €
|
78068900000 €
|
83201700000 €
|
2022 |
79303200000 €
|
78915900000 €
|
71533600000 €
|
71294000000 €
|
Balance between expenditure and revenue
State Budget Year
2023
Forecast expenditure
85018000000 €
Executed expenditure
81308400000 €
Forecast revenue
78068900000 €
Raised revenue
83201700000 €
State Budget Year
2022
Forecast expenditure
79303200000 €
Executed expenditure
78915900000 €
Forecast revenue
71533600000 €
Raised revenue
71294000000 €
Expenditure and revenue in detail
Expenditure amount already executed
Expenditure amount already executed
Expenditure | Expected value | Executed amount |
---|---|---|
Current transfers |
31403100000 €
|
32558100000 €
|
Expenditure on personnel |
19595900000 €
|
20284200000 €
|
Acquisition of current goods and services |
14305400000 €
|
13226600000 €
|
Interest and other credit charges |
6938500000 €
|
6564000000 €
|
Expenses with investments in assets (equipment, buildings) |
6348400000 €
|
4204100000 €
|
Other Current expenditure |
2763500000 €
|
668900000 €
|
Transfers to investments |
2623800000 €
|
2264100000 €
|
Subsidies |
791500000 €
|
885400000 €
|
Other investment expenses |
247900000 €
|
293200000 €
|
Consolidation accounting adjustments |
0 €
|
359800000 €
|
Total |
85018000000 €
|
81308400000 €
|
Expenditure amount already executed
Expenditure
Current transfers
Expected value
31403100000 €
Executed amount
32558100000 €
Expenditure
Expenditure on personnel
Expected value
19595900000 €
Executed amount
20284200000 €
Expenditure
Acquisition of current goods and services
Expected value
14305400000 €
Executed amount
13226600000 €
Expenditure
Interest and other credit charges
Expected value
6938500000 €
Executed amount
6564000000 €
Expenditure
Expenses with investments in assets (equipment, buildings)
Expected value
6348400000 €
Executed amount
4204100000 €
Expenditure
Other Current expenditure
Expected value
2763500000 €
Executed amount
668900000 €
Expenditure
Transfers to investments
Expected value
2623800000 €
Executed amount
2264100000 €
Expenditure
Subsidies
Expected value
791500000 €
Executed amount
885400000 €
Expenditure
Other investment expenses
Expected value
247900000 €
Executed amount
293200000 €
Expenditure
Consolidation accounting adjustments
Expected value
0 €
Executed amount
359800000 €
Total
Expected value
85018000000 €
Executed amount
81308400000 €
Revenue raised
Revenue raised
Revenue | Expected value | Raised value |
---|---|---|
Indirect taxes |
30200400000 €
|
32512600000 €
|
Income taxes (IRS, IRC, IMI...) |
24078500000 €
|
27128900000 €
|
Current transfers |
4743600000 €
|
3321800000 €
|
Acquisition of current goods and services |
4689500000 €
|
3861000000 €
|
Transfers to investments |
4243500000 €
|
5348700000 €
|
Contributions to Social Security, CGA e ADSE |
4089900000 €
|
4198300000 €
|
Fees, fines and other penalties |
3487200000 €
|
3573300000 €
|
Property income (interest, dividends, rent) |
1037200000 €
|
831700000 €
|
Other revenue |
660100000 €
|
709400000 €
|
Money to be transferred to the European Union |
365000000 €
|
304400000 €
|
Sale of state assets |
319800000 €
|
156500000 €
|
Recovery of overpayments from previous years |
104000000 €
|
1205800000 €
|
State compensation and other revenue |
50200000 €
|
49300000 €
|
Consolidation accounting adjustments |
0 €
|
0 €
|
Total |
78068900000 €
|
83201700000 €
|
Revenue raised
Revenue
Indirect taxes
Expected value
30200400000 €
Raised value
32512600000 €
Revenue
Income taxes (IRS, IRC, IMI...)
Expected value
24078500000 €
Raised value
27128900000 €
Revenue
Current transfers
Expected value
4743600000 €
Raised value
3321800000 €
Revenue
Acquisition of current goods and services
Expected value
4689500000 €
Raised value
3861000000 €
Revenue
Transfers to investments
Expected value
4243500000 €
Raised value
5348700000 €
Revenue
Contributions to Social Security, CGA e ADSE
Expected value
4089900000 €
Raised value
4198300000 €
Revenue
Fees, fines and other penalties
Expected value
3487200000 €
Raised value
3573300000 €
Revenue
Property income (interest, dividends, rent)
Expected value
1037200000 €
Raised value
831700000 €
Revenue
Other revenue
Expected value
660100000 €
Raised value
709400000 €
Revenue
Money to be transferred to the European Union
Expected value
365000000 €
Raised value
304400000 €
Revenue
Sale of state assets
Expected value
319800000 €
Raised value
156500000 €
Revenue
Recovery of overpayments from previous years
Expected value
104000000 €
Raised value
1205800000 €
Revenue
State compensation and other revenue
Expected value
50200000 €
Raised value
49300000 €
Revenue
Consolidation accounting adjustments
Expected value
0 €
Raised value
0 €
Total
Expected value
78068900000 €
Raised value
83201700000 €
The Portuguese public debt
Public debt is among the most significant and widely cited indicators when it comes to assessing a country's financial soundness. Briefly, it reflects the percentage of debt that the country needs to incur to cover its expenses, when compared to its wealth output, express as the Gross Domestic Product (GDP).
Whilst analysing this indicator in the General State Account, the percentage of public debt in relation to GDP, especially in a budgetary context, it is important to always bear in mind its evolution over time.
Evolution of the public debt percentage in relation to GDP
Evolution of the public debt percentage in relation to GDP
Year | Percentage of public debt |
---|---|
2019 |
116,6 %
|
2020 |
135,2 %
|
2021 |
127,4 %
|
Evolution of the public debt percentage in relation to GDP
Year
2019
Percentage of public debt
116,6 %
Year
2020
Percentage of public debt
135,2 %
Year
2021
Percentage of public debt
127,4 %
Technically speaking...
To complete all the information presented here, we advise you to consult additional data on other platforms outside the portal.