Cash surplus/deficit as a proportion of GDP in Portugal

Portugal: Cash surplus/deficit as a proportion of GDP was -37.2% in 2023. ▼ Falling

Latest (2023)
-37.2%
Change on year
up 5.5%
World rank
133rd
of 162 countries
All-time high
-37.2%
in 2023
All-time low
-47.6%
in 2014
Years of data
24
2000–2023

Cash surplus/deficit as a proportion of GDP in Portugal, 2000–2023

-47.5-45-42.5-40-37.52000201120232000: -37.22001: -38.12002: -38.42003: -39.72004: -40.42005: -41.32006: -402007: -39.22008: -40.22009: -43.32010: -44.12011: -44.52012: -44.42013: -45.62014: -47.62015: -442016: -41.32017: -41.72018: -39.32019: -38.72020: -44.52021: -42.52022: -39.32023: -37.2

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2023, cash surplus/deficit as a proportion of gdp in Portugal stood at -37.2%. That is the highest value across all 24 years on record.

Compared with earlier readings it is up 5.5% on the previous year and up 18.5% over ten years.

Over the whole period, cash surplus/deficit as a proportion of gdp in Portugal peaked at -37.2% in 2023 and was at its lowest, -47.6%, in 2014.

That places Portugal 133rd out of 162 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 24 years of available data.

Cash surplus/deficit as a proportion of GDP in Portugal, year by year

Annual values for Cash surplus/deficit as a proportion of GDP (%) in Portugal, 2000 to 2023.
Year Value Change
2000 -37.2%
2001 -38.1% +2.3%
2002 -38.4% +1.0%
2003 -39.7% +3.4%
2004 -40.4% +1.5%
2005 -41.3% +2.4%
2006 -40.0% -3.2%
2007 -39.2% -2.0%
2008 -40.2% +2.6%
2009 -43.3% +7.7%
2010 -44.1% +2.0%
2011 -44.5% +0.7%
2012 -44.4% -0.3%
2013 -45.6% +2.7%
2014 -47.6% +4.3%
2015 -44.0% -7.5%
2016 -41.3% -6.1%
2017 -41.7% +0.8%
2018 -39.3% -5.7%
2019 -38.7% -1.6%
2020 -44.5% +15.2%
2021 -42.5% -4.7%
2022 -39.3% -7.4%
2023 -37.2% -5.5%

Portugal compared with similar countries

  • Portugal's -37.2% is below the median for high income countries, which is -34.2%, 1.1× the median. (53 countries reporting)
  • Portugal's -37.2% is below the median for Europe & Central Asia, which is -34.9%, 1.1× the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s -39.8% -43.3% -37.2% 10
2010s -43.1% -47.6% -38.7% 10
2020s -40.9% -44.5% -37.2% 4

Countries ranked near Portugal

  1. 130 Norway -35.9% compare
  2. 131 Namibia -36.5% compare
  3. 132 Uruguay -37.0% compare
  4. 134 Romania -37.3% compare
  5. 135 Israel -37.4% compare
  6. 136 Estonia -37.7% compare

See the full ranking of 189 places →

More economy & growth data for Portugal

All data for Portugal →

Frequently asked questions

What is cash surplus/deficit as a proportion of gdp in Portugal?
Cash surplus/deficit as a proportion of gdp in Portugal was -37.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
What is the highest cash surplus/deficit as a proportion of gdp recorded in Portugal?
The highest recorded value was -37.2% in 2023.
What is the lowest cash surplus/deficit as a proportion of gdp recorded in Portugal?
The lowest recorded value was -47.6% in 2014.
How does Portugal rank for cash surplus/deficit as a proportion of gdp?
Portugal ranks 133rd out of 162 countries with data for 2023.
Is cash surplus/deficit as a proportion of gdp rising or falling in Portugal?
Over the last ten years it is up 18.5%. The long-run trend across the full record is falling.
Where does this Portugal data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Cash surplus/deficit as a proportion of GDP in Portugal. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/cash-surplus-deficit-as-a-proportion-of-gdp-percent/portugal/

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About this data

Indicator
Cash surplus/deficit as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
189 places, 3,493 data points, 2000–2024
Last refreshed