Annual government expenditure by function (COFOG) — Gross capital in Portugal
Portugal: Annual government expenditure by function (COFOG) — Gross capital was 8,025 National currency in 2024. ▼ Falling
Annual government expenditure by function (COFOG) — Gross capital in Portugal, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual government expenditure by function (cofog) — gross capital in Portugal is 8,025 National currency, measured in 2024.
The figure is up 14.4% on the previous year and up 127.3% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Portugal peaked at 9,614 National currency in 2010 and was at its lowest, 2,899 National currency, in 2016.
Portugal ranks 26th of 28 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Annual government expenditure by function (COFOG) — Gross capital in Portugal, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 3,956 National currency | — |
| 1996 | 4,693 National currency | +18.6% |
| 1997 | 5,752 National currency | +22.6% |
| 1998 | 5,774 National currency | +0.4% |
| 1999 | 5,956 National currency | +3.2% |
| 2000 | 5,683 National currency | -4.6% |
| 2001 | 6,843 National currency | +20.4% |
| 2002 | 5,931 National currency | -13.3% |
| 2003 | 6,451 National currency | +8.8% |
| 2004 | 7,081 National currency | +9.8% |
| 2005 | 6,506 National currency | -8.1% |
| 2006 | 5,735 National currency | -11.8% |
| 2007 | 5,580 National currency | -2.7% |
| 2008 | 5,075 National currency | -9.1% |
| 2009 | 7,451 National currency | +46.8% |
| 2010 | 9,614 National currency | +29.0% |
| 2011 | 6,118 National currency | -36.4% |
| 2012 | 4,313 National currency | -29.5% |
| 2013 | 3,868 National currency | -10.3% |
| 2014 | 3,530 National currency | -8.7% |
| 2015 | 4,226 National currency | +19.7% |
| 2016 | 2,899 National currency | -31.4% |
| 2017 | 3,485 National currency | +20.2% |
| 2018 | 3,859 National currency | +10.7% |
| 2019 | 3,784 National currency | -1.9% |
| 2020 | 4,786 National currency | +26.5% |
| 2021 | 5,616 National currency | +17.3% |
| 2022 | 5,857 National currency | +4.3% |
| 2023 | 7,016 National currency | +19.8% |
| 2024 | 8,025 National currency | +14.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,226 National currency | 3,956 National currency | 5,956 National currency | 5 |
| 2000s | 6,234 National currency | 5,075 National currency | 7,451 National currency | 10 |
| 2010s | 4,570 National currency | 2,899 National currency | 9,614 National currency | 10 |
| 2020s | 6,260 National currency | 4,786 National currency | 8,025 National currency | 5 |
Countries ranked near Portugal
More public sector data for Portugal
- Arms imports 61.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.7 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -8.96 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 61.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 434.01 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0148 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 9.57 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 4.64 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 731.4 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Portugal?
- Annual government expenditure by function (cofog) — gross capital in Portugal was 8,025 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Portugal?
- The highest recorded value was 9,614 National currency in 2010.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Portugal?
- The lowest recorded value was 2,899 National currency in 2016.
- How does Portugal rank for annual government expenditure by function (cofog) — gross capital?
- Portugal ranks 26th out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Portugal?
- Over the last ten years it is up 127.3%. The long-run trend across the full record is falling.
- Where does this Portugal data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org