Monthly Statistical Bulletin, May 2022

MAY 2022 49 More information is available at: Main aggregates of General Government; Public expenditure statistics – 2020-2021 12 May 2022 • Portugal paid around €5.2 billion in interest on its public debt, which represented: » -10.8% compared to the previous year; » -38.8% compared to the value recorded in 2014, the year in which the Economic and Financial Assistance Programme was concluded. In 2020, the last year for which information regarding the classification of expenditure by functions (COFOG) is available, the following stood out: • Social protection: 38.2% of the total; • Health: 14.7%; • General government services (includes interest paid): 14.4%. Compared to 2019, the measures to fight the pandemic influenced the relative weight of expenditure on economic affairs (+3.9 p.p.). Main expenditure and gross debt components of general government 20,000 40,000 60,000 80,000 100,000 120,000 Total expenditure Investment Other transfers Social benefits Property income (Interest incl.) Intermediate consump�on Compensa�on of employees 2019 2020 2021 (provisional data) €106

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