64,69 billion €
Revenue
Expenditure and revenue
Find out how the expenditure and revenue forecasts in the State Budget influence the annual balance sheet of Portuguese finances.
On this page
- Forecasting, interpreting the numbers Section containing graph.
- Expenditure and revenue forecasts Section containing graph.
- Expected expenditure and revenue figures Section containing graph.
- Expenditure and revenue in detail Section containing graph.
- Functional characterisation of expenditure
- Expected expenditure figures by function Section containing graph.
- Technically speaking...
From what stage of the budget cycle is this information?
01
02
03
Planning
Discussion and preparation of a strategy of objectives, political priorities and forecasts for the distribution of resources together with all Ministries and Public Entities.
State budget over the years
Select a year to view information from any State Budget.
- 2021
- 2022
- 2023
- 2024
Forecasting, interpreting the numbers
The data on the country's account planning, disclosed in the State Budget, can be looked at from many different angles, depending on the accounting perspective, the nature of the entities involved or the depth of the analysis.
When referring to the State Budget data, the expenditure and revenue forecasts for the Ministries and Social Security are viewed from a pure cash or public accounting perspective, i.e. encompassing the expected receipts and payments.
The essential numbers on 2021 expenditure and revenue
This year, the Central Administration is forecasting revenue, a expenditure and a balance of...
minus
76,45 billion €
Expenditure
=
-11,76 billion €
Balance
Technically speaking...
The figures presented as revenue, expenditure and balance are actual numbers, with the State's financial liabilities and assets removed from the books.
It is crucial to add the Social Security balance to the Central Administration one (deficit when negative)...
Central Administration
-11,76 billion €
Balance
more
Social Security
932,16 million €
Balance
=
Central Administration + Social Security
-10,83 billion €
Balance
Technically speaking...
It should be made clear that the parliamentary discussion of the State Budget and its approval by the Assembly of the Republic centres on the forecast and actual balance of Central Administration and Social Security.
For a comprehensive overview of public accounts, integrating Regional and Local Administrations is also important...
Central Administration + Social Security
-10,83 billion €
Balance
more
Regional and Local Administrations
-323,09 million €
Balance
=
Public Administration
-11,15 billion €
Balance
Technically speaking...
Whilst being separate budgets from the State Budget for Central Administration and Social Security, analysing public accounts should always include Regional and Local Administrations.
It is equally important in public accounts to keep track of all the adjustments for the year undertaken by Portugal...
Public Administration
-11,15 billion €
Balance
more
Year adjustments
2,02 billion €
Balance
Technically speaking...
By "adjustments for the year" is meant all the liabilities incurred in the same year. This item also includes other accounting adjustments required to arrive at the final balance.
The benchmark balance (deficit when negative) is the sum of the Public Administration balance and the figure representing the adjustments for the year...
Public Administration
-11,15 billion €
Balance
Public Accounting
Public Accounting
more
Year adjustments
2,02 billion €
Balance
National Accounting
=
Public Administration
-9,13 billion €
Balance
National Accounting
National Accounting
Technically speaking...
Two perspectives are possible when looking at the public accounts and the balance (deficit when negative) of the Public Administration: Public Accounting (referring to cash flows) and National Accounting (concerning the commitments and operations undertaken in a year).
If the budget has a deficit (negative balance), this figure increases the expected size of the Portuguese public debt...
€
9,13 billion €
2021 Deficit
Technically speaking...
Public debt is the money accumulated over the years that the State owes abroad and to the country itself. To correctly incorporate the deficit into the public debt, the only way forward is to employ a National Accounts perspective, with all its technical implications.
Expenditure and revenue forecasts
Estimates of State expenditure and revenue may have two possible readings. Central Administration, for any information relating solely to the central State (Ministries). Public Administration, including not just the Central Government, but also Social Security, Regional and Local Administration.
To simplify the interpretation of these figures, we hereby provide the actual numbers for one of these areas, the Central Administration, viewed from a Public Accounting perspective.
Expected expenditure and revenue figures
Source
DGO
31.12.2024
Expected expenditure and revenue figures
| State Budget Year | Expenditure | Revenue | Balance |
|---|---|---|---|
| 2021 |
76449200000 €
|
64687300000 €
|
-11761900000 €
|
Expected expenditure and revenue figures
State Budget Year
2021
Expenditure
76449200000 €
Revenue
64687300000 €
Balance
-11761900000 €
Source
DGO
31.12.2024
Expenditure and revenue in detail
Functional characterisation of expenditure
The functional characterisation of expenditure is one of several possible categories when interpreting the State Budget's expenditure forecast. It is essentially a description of thematic areas (functions), allowing for a more across-the-board analysis of state spending, regardless of the ministries involved.
This approach to characterising expenditure allows for an integrated and evolving view over the years, as well as comparisons between the different member states of the European Union and others.
Expected expenditure figures by function
Ano
2021
Source
DGO
31.12.2024
Expected expenditure figures by function
| Function | 2021 |
|---|---|
| Serviços gerais das Administrações Públicas |
26847000000 €
|
| Health |
13152300000 €
|
| Social protection |
10704600000 €
|
| Education |
9482600000 €
|
| Economic affairs |
8425200000 €
|
| Security and public order |
3795100000 €
|
| Defense |
2177600000 €
|
| Sport, recreation, culture and religion |
675000000 €
|
| Environmental protection |
580900000 €
|
| Housing and collective infrastructure |
514200000 €
|
| Consolidation accounting adjustments |
94800000 €
|
| Total |
76449300000 €
|
Expected expenditure figures by function
Function
Serviços gerais das Administrações Públicas
2021
26847000000 €Function
Health
2021
13152300000 €Function
Social protection
2021
10704600000 €Function
Education
2021
9482600000 €Function
Economic affairs
2021
8425200000 €Function
Security and public order
2021
3795100000 €Function
Defense
2021
2177600000 €Function
Sport, recreation, culture and religion
2021
675000000 €Function
Environmental protection
2021
580900000 €Function
Housing and collective infrastructure
2021
514200000 €Function
Consolidation accounting adjustments
2021
94800000 €Total
2021
76449300000 €
Source
DGO
31.12.2024
Technically speaking...
To complete all the information presented here, we advise you to consult additional data on other platforms outside the portal.