STATE BUDGET · PORTUGAL

Where the money comes from and what the state plans to spend.

On one side, the plan for the year. On the other, what has actually happened. See revenue, spending and the balance without mixing up the budget, monthly spending and public debt.

Explore revenue and spending
Budget 2026
approved annual plan
August 2026
latest validated monthly execution
National
scope: central government

A plan is not a payment. The approved budget sets amounts for the year; execution shows movements already recorded up to the month stated.

Public debt is a different concept and needs its own sources on the stock, the instruments, the issues and the redemptions.

ANNUAL PLAN · BUDGET 2026

What the state budget plans for the year.

The approved budget is an authorisation and an annual plan. On its own it does not show what has already been collected, paid or executed. Those movements appear separately in the monthly snapshot.

€297,892,400,000
planned budget revenue
€296,420,800,000
planned budget spending
-€8,228,400,000
planned effective overall balance

THREE DIFFERENT CONCEPTS

Revenue, financial operations and balance

The lines below reproduce aggregate indicators published for central government. We do not turn financial operations into taxes, nor present the aggregate as a debt stock.

Effective revenue
€96,020,600,000
Planned revenue excluding financial assets and liabilities.
Financial operations · revenue
€201,871,700,000
Annual aggregate of assets and liabilities; it is not a breakdown of bonds, savings certificates or loans.
Effective spending
€104,249,000,000
Planned spending excluding financial operations.

MOVEMENTS ALREADY RECORDED

Where revenue came from up to August 2026

The cut is cumulative since January and uses the official economic classification. The figures do not identify taxpayers, companies or individual payments.

€58,070,000,000
recorded effective revenue
€42,134,300,000
direct and indirect taxes
€3,031,300,000
social contributions, CGA and ADSE

14 OFFICIAL LINE ITEMS

Every source, with the adjustment in view

The bar compares each line item with the largest. The percentage uses the consolidated total and integer arithmetic; the written amount is the reference.

  1. Impostos indiretos€22,916,700,000
    39,5% of the recorded total
  2. Impostos diretos€19,217,600,000
    33,1% of the recorded total
  3. Transferências correntes€3,068,900,000
    5,3% of the recorded total
  4. Contribuições para seg. social, cga e adse€3,031,300,000
    5,2% of the recorded total
  5. Taxas, multas e outras penalidades€2,525,100,000
    4,3% of the recorded total
  6. Venda de bens e serviços correntes€2,392,300,000
    4,1% of the recorded total
  7. Transferências de capital€1,871,300,000
    3,2% of the recorded total
  8. Rendimentos da propriedade€1,184,400,000
    2,0% of the recorded total
  9. Reposições não abatidas nos pagamentos€854,600,000
    1,5% of the recorded total
  10. Outras receitas correntes€496,600,000
    0,9% of the recorded total
  11. Recursos próprios comunitários€261,400,000
    0,5% of the recorded total
  12. Diferenças de consolidação€153,300,000
    0,3% of the recorded total
  13. Outras receitas de capital€57,100,000
    0,1% of the recorded total
  14. Venda de bens de investimento€39,400,000
    0,1% of the recorded total

SPENDING BY PUBLIC PURPOSE

Which functions the spending was recorded under up to August 2026

The functional classification groups spending by public purpose. On its own it does not identify the service provided, the final beneficiary, the paying entity, the contract or the outcome achieved.

€64,038,600,000
spending recorded by function
11
functional line items in the official data
August 2026
period accumulated since January

11 FUNCTIONAL LINE ITEMS

Every function, including the adjustment

The bar compares each line item with the largest. The percentage uses the recorded functional total; the written amount is the reference.

  1. Serviços gerais das administrações públicas€22,288,200,000
    34,8% of the recorded total
  2. Saúde€12,416,100,000
    19,4% of the recorded total
  3. Proteção social€8,954,500,000
    14,0% of the recorded total
  4. Educação€7,447,600,000
    11,6% of the recorded total
  5. Assuntos económicos€5,846,300,000
    9,1% of the recorded total
  6. Segurança e ordem pública€3,216,300,000
    5,0% of the recorded total
  7. Defesa€1,422,300,000
    2,2% of the recorded total
  8. Proteção do ambiente€966,900,000
    1,5% of the recorded total
  9. Habitação e infraestruturas coletivas€874,900,000
    1,4% of the recorded total
  10. Desporto, recreação, cultura e religião€542,200,000
    0,8% of the recorded total
  11. Diferenças de consolidação€63,300,000
    0,1% of the recorded total

DEBT AND BONDS

A different source, a different question

The budget's financial operations aggregate does not show on its own how much was issued in bonds, treasury bills, savings certificates or loans, nor the stock of public debt.

On this page
Budget + execution
Annual plan and monthly effective revenue of central government.
Banco de Portugal
Maastricht debt
Consolidated stock of general government by period and instrument.
IGCP
Direct debt
Issues, redemptions and instruments managed by the state.

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