Taxes on goods and services (current LCU) in Portugal
Portugal: Taxes on goods and services (current LCU) was 34.75 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Portugal, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on goods and services in Portugal stood at 34.75 billion current LCU. That is the highest value across all 52 years on record.
That represents a change of up 7.7% on the previous year and up 68.0% over ten years.
Over the whole period, taxes on goods and services in Portugal peaked at 34.75 billion current LCU in 2024 and was at its lowest, 83.30 million current LCU, in 1973.
That places Portugal 98th 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.
Taxes on goods and services (current LCU) in Portugal, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 83.30 million current LCU | — |
| 1974 | 108.74 million current LCU | +30.5% |
| 1975 | 134.18 million current LCU | +23.4% |
| 1976 | 189.54 million current LCU | +41.3% |
| 1977 | 269.35 million current LCU | +42.1% |
| 1978 | 332.20 million current LCU | +23.3% |
| 1979 | 417.00 million current LCU | +25.5% |
| 1980 | 649.43 million current LCU | +55.7% |
| 1981 | 775.13 million current LCU | +19.4% |
| 1982 | 994.10 million current LCU | +28.2% |
| 1983 | 1.34 billion current LCU | +34.8% |
| 1984 | 1.61 billion current LCU | +19.9% |
| 1985 | 1.89 billion current LCU | +17.9% |
| 1986 | 3.22 billion current LCU | +69.7% |
| 1987 | 3.29 billion current LCU | +2.3% |
| 1988 | 4.02 billion current LCU | +22.3% |
| 1989 | 4.70 billion current LCU | +16.8% |
| 1990 | 5.35 billion current LCU | +13.9% |
| 1991 | 6.41 billion current LCU | +19.7% |
| 1992 | 7.96 billion current LCU | +24.3% |
| 1993 | 7.87 billion current LCU | -1.2% |
| 1994 | 9.24 billion current LCU | +17.4% |
| 1995 | 10.02 billion current LCU | +8.4% |
| 1996 | 10.90 billion current LCU | +8.8% |
| 1997 | 11.54 billion current LCU | +5.8% |
| 1998 | 12.97 billion current LCU | +12.4% |
| 1999 | 14.07 billion current LCU | +8.5% |
| 2000 | 14.49 billion current LCU | +3.0% |
| 2001 | 15.39 billion current LCU | +6.2% |
| 2002 | 16.75 billion current LCU | +8.8% |
| 2003 | 17.06 billion current LCU | +1.9% |
| 2004 | 17.70 billion current LCU | +3.7% |
| 2005 | 19.47 billion current LCU | +10.0% |
| 2006 | 20.72 billion current LCU | +6.4% |
| 2007 | 21.15 billion current LCU | +2.1% |
| 2008 | 20.90 billion current LCU | -1.2% |
| 2009 | 18.23 billion current LCU | -12.8% |
| 2010 | 20.13 billion current LCU | +10.4% |
| 2011 | 20.66 billion current LCU | +2.7% |
| 2012 | 19.90 billion current LCU | -3.7% |
| 2013 | 19.70 billion current LCU | -1.0% |
| 2014 | 20.69 billion current LCU | +5.0% |
| 2015 | 21.94 billion current LCU | +6.1% |
| 2016 | 23.11 billion current LCU | +5.3% |
| 2017 | 24.37 billion current LCU | +5.4% |
| 2018 | 25.66 billion current LCU | +5.3% |
| 2019 | 26.78 billion current LCU | +4.3% |
| 2020 | 24.12 billion current LCU | -9.9% |
| 2021 | 26.74 billion current LCU | +10.9% |
| 2022 | 30.22 billion current LCU | +13.0% |
| 2023 | 32.27 billion current LCU | +6.8% |
| 2024 | 34.75 billion current LCU | +7.7% |
Portugal compared with similar countries
- Portugal's 34.75 billion current LCU is below the median for high income countries, which is 39.13 billion current LCU, 89% of the median. (57 countries reporting)
- Portugal's 34.75 billion current LCU is below the median for Europe & Central Asia, which is 85.71 billion current LCU, 41% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU) in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +69.7% | 1.89 billion current LCU | 3.22 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 219.19 million current LCU | 83.30 million current LCU | 417.00 million current LCU | 7 |
| 1980s | 2.25 billion current LCU | 649.43 million current LCU | 4.70 billion current LCU | 10 |
| 1990s | 9.63 billion current LCU | 5.35 billion current LCU | 14.07 billion current LCU | 10 |
| 2000s | 18.19 billion current LCU | 14.49 billion current LCU | 21.15 billion current LCU | 10 |
| 2010s | 22.29 billion current LCU | 19.70 billion current LCU | 26.78 billion current LCU | 10 |
| 2020s | 29.62 billion current LCU | 24.12 billion current LCU | 34.75 billion current LCU | 5 |
Countries ranked near Portugal
More public sector data for Portugal
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services in Portugal?
- Taxes on goods and services in Portugal was 34.75 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Portugal?
- The highest recorded value was 34.75 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Portugal?
- The lowest recorded value was 83.30 million current LCU in 1973.
- How does Portugal rank for taxes on goods and services?
- Portugal ranks 98th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Portugal?
- Over the last ten years it is up 68.0%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.