Portugal

State surplus shrinks to 249 million in August

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 30/09/2026, 16:56:25 UTC.

Briefings

The Portuguese state budget surplus fell to 249.3 million euros in August 2026, a reduction of 1.799 billion euros compared to the same period last year. This decrease resulted from a 10% increase in public spending exceeding a 7.9% rise in revenue, primarily driven by high health service debt payments and tax moratoriums. Public accounts showed a 1.675 billion euro surplus after excluding health service payments, but excluding investment spending and health payments would have raised the surplus to 1.675.8 million euros.

Key points

• The Portuguese state budget surplus dropped to 249.3 million euros in August 2026, representing a 1.799 billion euro decrease from the same period last year.
• Public spending increased by 10% while revenue rose by 7.9%, primarily due to high health service debt payments totaling 1.426.5 million euros by August 2026.

Context and limitations

Data reflects public accounting standards and excludes investment spending and health service payments; figures are provisional and subject to revision.

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