Cash surplus/deficit (% of GDP) for Portugal
CASHBLPTA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-34.79
Year-over-Year Change
-71.48%
Date Range
1/1/1975 - 1/1/2014
Summary
This economic trend measures the cash surplus or deficit of the Portuguese government as a percentage of its gross domestic product (GDP). It provides insight into the fiscal health and policies of the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The cash surplus/deficit (% of GDP) for Portugal represents the difference between the government's cash receipts and its cash payments, expressed as a percentage of the country's total economic output. This metric is a key indicator of a government's fiscal position and its ability to manage public finances.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on government budget reports and national accounts.
Historical Context
This trend is closely monitored by policymakers, investors, and analysts to assess Portugal's economic stability and the sustainability of its fiscal policies.
Key Facts
- Portugal's cash deficit was 2.9% of GDP in 2021.
- The country's cash deficit peaked at 11.2% of GDP in 2010 during the European debt crisis.
- Reducing the fiscal deficit is a key priority for the Portuguese government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the difference between the Portuguese government's cash receipts and cash payments, expressed as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The cash surplus/deficit (% of GDP) for Portugal is a crucial indicator of the government's fiscal health and its ability to manage public finances, which is of interest to policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on government budget reports and national accounts.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers in Portugal and internationally to assess the country's economic stability and the sustainability of its fiscal policies, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a delay of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Portugal (CASHBLPTA188A), retrieved from FRED.