!
!
"!#$%&'()%*$+)"!,$*%(-%,"!#./-,"!,%!$0"+"*-%!
/"#)'1'$(%!)$#.!0'()"(!-##$2$#(32$-(4!
!
!
!
56 !"#$%&'(%$)*+%"#,%#-$).)/01#,1#-12)/#,)#341(1&5)#,5&5('6$)&#789:#(1#;<#"%&%"2$%#
,%# =>;=8# ).$)(?%(,1# 2)(21# 1"# 2$).)/0),1$%"# ,1"# "%421$%"# @A./541# 41&1# @$5B),18#
$%,'C5(,1D"%#@)$)#EF89:#,1#GHI8#1#B)/1$#&)5"#.)5J1#,%",%#;KK=##
!@L"# )# M'%.$)# ,)"# $%&'(%$)*+%"# ,%# 2$).)/01# ,1# 212)/# ,)# 341(1&5)# 2%$%&# ,5&5('6,1#
;8=:# %&# 2%$&1"# (1&5()5"# %&# =>;;# N&O,5)# ,%# P=8Q:# %(2$%# =>>7# %# =>;>R8# %"2)"#
$%,'C5$)&D"%#789:#%&#2%$&1"#01&L/1?1"#(1#;<#"%&%"2$%S;=8#,%B5,1#T'(,)&%(2)/&%(2%#
U#$%,'*V1#&'521#%J@$%""5B)#,1#"%421$#@A./541#ND;78E:RW##
G1$O&8#)"#$%&'(%$)*+%"#,%#2$).)/01#@)$)#1#"%421$#@$5B),1#2)&.O&#,%4$%"4%$)&#NDQ8E:R8#
5(B%$2%(,1#)#%B1/'*V1#@1"525B)#$%?5"2),)#(1"#A/25&1"#)(1"#NP=8K:8#%&#&O,5)8#%(2$%#=>>7#
%#=>;;R#NX$YT541"#;#%#=RW######
1789:;<!5!=!#>?@A>7BCD>E!F>!)7BGBHI<!F<!)<JBH!FB!
$;<A<?:B!K)BLB!F>!2B7:BCM<!N<?OH<PB!+<?:ABH!
5,0%
7,5%
!"%$
,#(%
&#$%
$#"%
#"&$
1,0%
)#$%
'#(%
2,5%
'#-%
'#(%
'"#$
-2,5%
-1,0%
!"#$%
!(#-% !'#$%
!"#&%
!)#$%
-7,5%
('"&$
!*#+%
-3,0%
-12,5%
Administração Pública
#
2011
1º Sem/12
1º Sem/12
2011
2010
2009
2008
2007
2006
()"*$
2010
-7,0%
!'&#$%
2009
-17,5%
2008
-5,0%
2007
3,0%
%"#$
!"#$
1789:;<!Q!=!#>?@A>7BCD>E!F>!)7BGBHI<!
K)BLB!F>!2B7:BCM<!N<?OH<PB!+<?:ABHR!
2006
#
Sector Privado
#
Z"# 4'"21"# ,1# $%)['"2)&%(21# ,%&)"5),1# $Y@5,1# ,)# %41(1&5)# @1$2'?'%")# %"2V1# U# B5"2)# %#
2$),'C%&D"%# T'(,)&%(2)/&%(2%# (1# %&@1.$%45&%(21# ,1# @)6"# @%/)# B5)# &)5"# TY45/# \#
7>F@CM<!F<E!EBH87:<E!F<E!S<7J@P@>E>EW##
])# B%$,),%8# 1# @%"1# ,)"# $%&'(%$)*+%"# ,%# 2$).)/01# 4)5'# @)$)# EF89:# ,1# GHI# (1# ;<#
"%&%"2$%S;=#ND=8F#@W@W#T)4%#U#&O,5)#,1#)(1#,%#=>;;#%8#2%(,1#)25(?5,1#1#B)/1$#&)5"#.)5J1#
,%",%#;KK=R#NX$YT541#QRW##
#
#
1
#
#
1789:;<!T!=!#>?@A>7BCD>E!F>!)7BGBHI<!F<!)<JBH!FB!$;<A<?:B!
!N3&#:#,1#GHIR!#
52,0%
51,0%
!$#"%
!"#$%
50,0%
!"#)% !"#*%
&'#(%
&'#!%
&(#'%
49,0%
48,0%
&+#!%
47,0%
#
1º Sem/12
2011
2010
2009
2008
2007
2006
2005
46,0%
#
Q6 ]1#;<#"%&%"2$%#,%#=>;=8#%(M')(21#)#,>ES>EB!;<?!<!/>EE<BH!FB!%/#,5&5('5'#;W7>>#
&5/0+%"#,%#^#%#1"#%(4)$?1"#41&#1#"'."6,51#,%#,%"%&@$%?1#)'&%(2)$)&#4%$4)#,%#=Q>#
&5/0+%"#,%#^8#)##>;>:JB!;<?!<E!-?S<EJ<E#&)5"#)T%21"#U#)25B5,),%#%41(L&54)#%#41&#)"#
41(2$5.'5*+%"#$%,'C5'D"%#%&#;W=9=#&5/0+%"#,%#^#
!
2BH>78!B!S>AB!J<F<E!>EJ>E!EB;7:9U;:<E!S<7!SB7J>!F<E!9@A;:<A87:<E!SVGH:;<EW!!!
#
_%#)41$,1#41&#)#"52')*V1#,)"#41(2)"#@A./54)"#%J%4'2),)"#(1#;<#"%&%"2$%S;=8#,5B'/?),)"#)#
=`# ,%# "%2%&.$1# @%/1# H]38# 41("2)2)D"%# M'%# <! FX9:;>! SVGH:;<! BJ:AP:@! <E! YZ[\! F<! /-]!
K[ZQ\!F<!/-]!A<!5^!E>?>EJ7>_55RW##
#
!# ,%"@%")# @A./54)# 212)/# ,5&5('5'# 987:# %&# 2%$&1"# 01&L/1?1"8# ,%B5,1# "1.$%2',1# U#
7>F@CM<!FB!F>ES>EB!;<?!<!S>EE<BH8#4'[)"#$%&'(%$)*+%"#,1#2$).)/01#4)6$)&#;78E:#%&#
2%$&1"#01&L/1?1"#K`56Yaa!?:HID>E!>!bR8#&)5"#,%#&%2),%#,1#M'%#1#B)/1$#@$%B5"21#@)$)#1#
212)/# ,1# )(1# N4%$4)# ,%# D=WE>># &5/0+%"# ,%# ^R8# )""145),)"# T'(,)&%(2)/&%(2%# U# @%$,)# ,)#
212)/5,),%#1'#@)$2%#,1#"'."6,51#,%#TO$5)"#,)#?%(%$)/5,),%#,1"#2$).)/0),1$%"#,)#!G#%#)5(,)#
@1$#B5)#,1#&%(1$#(A&%$1#,%#T'(451(Y$51"#@A./541"#%J5"2%(2%#(%"2%#@%$61,1W##
#
G%/1#41(2$Y$518#B!F>ES>EB!;<?!<E!c@7<E!FB!FUd:FB!SVGH:;B!B@?>AJ<@!eaa!?:HID>E!F>!b!
Kf5T\R# %# )"# 2$)("T%$a(45)"# 41$$%(2%"# ,%"25(),)"# U"# T)&6/5)"# %&# E7># &5/0+%"# ,%# ^#
NP=8F:R8#$%@$%"%(2),)"#%""%(45)/&%(2%#@%/)"#@%("+%"#%#@%/1#E@GEUF:<!F>!F>E>?S7>P<8#
,%B%(,1# %"2%# A/25&1# 2%$# "1T$5,1# '&# B;7XE;:?<! F>! QTa! ?:HID>E! F>! b# (%"2%# @%$61,1#
Nb'),$1#;#%#X$YT541#ERW##
#
G1$O&8# )@%")$# ,)# T1$2%# M'%.$)# $%?5"2),)# ()# ,%"@%")# 41&# 1# @%""1)/8# <! FX9:;>! SVGH:;<!
;<77>AJ>! N,5T%$%(*)# %(2$%# )# 212)/5,),%# ,)# ,%"@%")# %# )# $%4%52)# 41$$%(2%R# >?! d>g! F>!
F:?:A@:7! ;<?<! E>7:B! ABJ@7BHZ! B@?>AJ<@! aZQ! S6S6! F<! /-]Z! SB7B! hZi\! F<! /-]! A<! 5^!
E>?>EJ7>_5Q! KhZh\! A<! 5^! E>?>EJ7>_55R# )""145),1# )1# T)421# ,)# j@>G7B! FBE! 7>;>:JBE!
2
;<77>AJ>E! K`TZh\RZ! J>7! E:F<! ?B:E! E:PA:9:;BJ:dB! F<! j@>! B! FBE! F>ES>EBE! ;<77>AJ>E! K`
T\R# N%"@%45)/&%(2%# @$1B%(5%(2%"# ,1"# 5&@1"21"# 5(,5$%21"# \# &)5"# )T%21"# U# )25B5,),%#
%41(L&54)R#%#,)"#41(2$5.'5*+%"#@)$)#)#"%?'$)(*)#"145)/#%#@)$)#)#cX!#N/5?),)"#U#M'%.$)#,1#
%&@$%?1#%#U#@%$,)#,1#"'."6,51#,%#TO$5)"#,1"#2$).)/0),1$%"#,)#!GRW##
#
#
#
DESPESA PÚBLICA
DESPESAS TOTAIS
Despesas correntes
Despesas com pessoal
Consumo intermédio
Juros da dívida
Transferências correntes
para as famílias
em dinheiro
em espécie
para as empresas (subsídios)
outras transferências
Despesas de capital
Investimento
Outras despesas de capital
k@BF7<!5!=!,>ES>EB!/VGH:;B!!N3&#&5/0+%"#,%#%'$1"R#
Em milhões de euros
Variação Homóloga, em milhões de !
Variação Homóloga, em %
Ano 2011
1º sem/11
1º sem/12
Ano 2011
1º sem/12
Ano 2011
1º sem/12
84393
77559
19426
8019
6881
43233
37624
29644
7980
1199
4410
6834
4432
2402
39220
36328
9796
3560
3118
19853
17078
517
2258
2892
2054
839
37021
35251
8194
3459
3522
20075
17538
415
2123
1770
1464
306
-4064
-1145
-1668
-726
1945
-697
-206
286
-492
6
-496
-2919
-1793
-1126
-2199
-1077
-1602
-101
404
222
460
-102
-135
-1123
-590
-533
-4,6%
-1,5%
-7,9%
-8,3%
39,4%
-1,6%
-0,5%
1,0%
-5,8%
0,5%
-10,1%
-29,9%
-28,8%
-31,9%
-5,6%
-3,0%
-16,4%
-2,8%
13,0%
1,1%
2,7%
-19,8%
-6,0%
-38,8%
-28,7%
-63,5%
########d1(2%e#H]3W#
#
#
c1&# %T%5218# )# !G# )$$%4),1'# &%(1"# 9F7# &5/0+%"# ,%# ^# %&# 5&@1"21"# "1.$%# )# @$1,'*V1# %#
5&@1$2)*V1#ND98;:R#%#&%(1"#7F7#&5/0+%"#,%#^#%&#41(2$5.'5*+%"#ND7WF:R8#@%$T)C%(,1#@?!
J<JBH!F>!;>7;B!F>!`56QhQ!?:HID>E!K`hZl\R#Nb'),$1#=RW##
#
/<F>?<E! ;<A;H@:7! j@>Z! <! >E9<7C<! 9>:J<! S>H<E! 9@A;:<A87:<E! SVGH:;<E! AB! S>7FB! F>!
SB7J>!<@!F>!@?!EBH87:<!S<7!:AJ>:7<!>EJ8!H<AP>!F>!FB7!<E!7>E@HJBF<E!S7>J>AF:F<E!d:EJ<!
j@>!SB7BH>HB?>AJ>!B!>EJB!E:J@BCM<Z!B!F>ES>EB!;<?!<!E@GEUF:<!F>!F>E>?S7>P<!E<G>!>!
BE! 7>;>:JBE! 9:E;B:E! ?B:E! H:PBFBE! m! BJ:d:FBF>! >;<AO?:;B! >! BE! ;<AJ7:G@:CD>E! E<;:B:E!
JB?GX?! ;B>?Z! <GJ>AF<`E>Z! BEE:?! @?! EBHF<! 97BA;B?>AJ>! F>;>;:<ABAJ>Z! ;<A9<7?>!
k@BF7<!Q8##
#
k@BF7<!Q!=!,>ES>EB!>!#>;>:JB!0<77>AJ>!FB!%/!N3&#&5/0+%"#,%#%'$1"R#
#
!/?'&)"#$'.$54)"#,)#_%"@%")#c1$$%(2%#
#
;<#"%&S;;#
#
;<#"%&S#=>;=#
#
;W#_%"@%")#41&#1#@%""1)/##
KWFK98K#
`W;KE8;#
=W#_%"@%")#41&#1#"'."6,51#,%#,%"%&@$%?1f#
;W>Q`8K#
;W=F=8>#
Q#g#N;WR#P#N=WR#h1&)##
;>W`QE8`#
KWE778;#
#
#
#
!/?'&)"#i'.$54)"#,)#i%4%52)#c1$$%(2%#
#
EW#H&@1"21"#"1.$%#)#@$1,'*V1#%#5&@1$2)*V1#
;;W=QE8E#
;>W79`89#
9W#c1(2$5.'5*+%"#h145)5"#
;>W;>E8F#
KWE=K8;#
7#g#NEWR#P#N9WR#h1&)#
=;WQQK8;#
=>W>`F87#
##d1(2%e#H]3W#f#_),1#@$1B%(5%(2%#,1#I1/%25&#j%(")/#,%#3J%4'*V1#Z$*)&%(2)/#,)#_XZW##
#
_5T%$%(*)#
N%&#&5/0+%"#^R#
-)J)#,%#
B)$5)*V1#N:R#
D9F98K#
D7F987#
D;W=9;89#
D98;#
D78F#
D98K#
D;W7>;8`#
P=QQ8;#
D;WQ7`8F#
#
D;78E#
P==8E#
D;=87#
#
3
+<!5^!E>?>EJ7>!F>!Qa5Q!9B;>!B<!?>E?<!S>7U<F<!F>!Qa55!>!>?!\!F<!/-]Z!>Aj@BAJ<!B!
F>ES>EB!;<?!<!S>EE<BH!FB!%/!F:?:A@:@!SB7B!5a\#N1#&)5"#.)5J1#,%",%#;K``R8#&%(1"#
;87# @W@W# T)4%# )1# ,1# ;<# "%&%"2$%S;;8# B! F>ES>EB! ;<?! <E! c@7<E! FB! FUd:FB! SVGH:;B! >! <!
E@GEUF:<!F>!F>E>?S7>P<!B@?>AJB7B?!aZY!S6S6!>!;>7;B!F>!a6e!S6S6Z!7>ES>J:dB?>AJ>W#Z#
5(B%"25&%(21# @A./5418# 41&# 5&@)421# (1# ,%"%(B1/B5&%(21# ,1# @)6"8# 4)5'# )# @5M'%8# 2%(,1#
,5&5('6,1# @)$)# ;8`:# ,1# GHI# (1# ;<# "%&%"2$%S;=# ND>87# @W@W# T)4%# 0Y# ;# )(1R# %# "52')(,1D"%#
).)5J1# ,)# &%2)# 2$)*),)# @)$)# %"2%# )(1# N=8;:R8# 41&@$1&%2%(,18# )""5&8# # 1# T'2'$1#
,%"%(B1/B5&%(21#,1#@)6"#Nb'),$1#Q#%#X$YT541#9RW#
#
#
k@BF7<!T!=!,>ES>EB!/VGH:;B!N3&#:#,1#GHIR!!
Em % do PIB
DESPESA PÚBLICA
Ano 2011
1º sem/11
DESPESAS TOTAIS
49,4%
46,5%
Despesas correntes
45,4%
43,1%
Despesas com pessoal
11,4%
11,6%
Consumo intermédio
4,7%
4,2%
Juros da dívida
4,0%
3,7%
Transferências correntes
25,3%
23,6%
para as famílias
22,0%
20,3%
em dinheiro
17,3%
em espécie
4,7%
para as empresas (subsídios)
0,7%
0,6%
outras transferências
2,6%
2,7%
Despesas de capital
4,0%
3,4%
Investimento
2,6%
2,4%
Outras despesas de capital
1,4%
1,0%
####################d1(2%e#H]3W#
#
1º sem/12
45,2%
43,0%
10,0%
4,2%
4,3%
24,5%
21,4%
0,5%
2,6%
2,2%
1,8%
0,4%
#
G)$)/%/)&%(2%# )# %"2)# "52')*V18# BE! 7>;>:JBE! ;<?! <E! :?S<EJ<E! E<G7>! B! S7<F@CM<! >!
:?S<7JBCM<!>!BE!;<AJ7:G@:CD>E!E<;:B:E!BS7>E>AJB7B?!@?B!F:?:A@:CM<!E:PA:9:;BJ:dBZ!
J>AF<!F>E;:F<!A<!E>@!;<Ac@AJ<!SB7B!QeZh\!F<!/-]!A<!5^!E>?>EJ7>_5Q!K`aZ[!S6S6!9B;>!
B<!?>E?<!S>7U<F<!F>!Qa55RW#
#
#
!@1"2)$# (1# $%)['"2)&%(21# ,)# %41(1&5)# @1$2'?'%")# )@%()"# @%/)# B5)# %J2%$()# (V1# 40%?)8#
,),1# M'%# 1# $%%M'5/6.$51# ,)"# 41(2)"# @A./54)"# (%4%""52)# ,%# )/?'&# ,5()&5"&1# ,)# @$14'$)#
5(2%$()# %# ,1# )'&%(21# ,1# %&@$%?1W# c1(2$)$5)&%(2%# U"# )T5$&)*+%"# T%52)"# @%/1# h%(01$#
_1'21$# !(2L(51# I1$?%"8# )5(,)# (V1# %"2)&1"# ()# )/2'$)# ,%# @1,%$&1"# )T5$&)$# M'%# 1#
@$1./%&)#@1$2'?'a"#O#'&#4)"1#.%&#"'4%,5,18#'&)#B%C#M'%#1#@$14%""1#,1#$%)['"2)&%(21#
)5(,)# (V1# 2%$&5(1'8# T)/2)(,1# %"@%45)/&%(2%# )# 41$$%*V1# ,1# ,%"%M'5/6.$51# ,)"# T5()(*)"#
@A./54)"W##
#
#
#
#
#
#
#
#
4
#
#
1789:;<!e!=!,>ES>EB!;<?!<!/>EE<BH!FB!%/!
1789:;<!h!=!,>ES>EB!;<?!<!/>EE<BH!FB!%/!
K$?!\!F<!/-]R!
K)BLB!F>!2B7:BCM<Z!>?!\!
12%
9%
6%
14,0%
!!"#$
%"'$
%"&$
+"'$
3%
!"#$
0%
-3%
(!")$
(,"-$
!&#!%
13,0%
*"-$
*")$
!"#$%
!'#!% !'#$%
12,0%
!'#(%
!'#'%
!!#"%
(!"-$
!!#)%
11,0%
(,"%$
-6%
(&"'$
-9%
!$#$%
10,0%
-12%
#
1º sem/12
1º sem/11
2011
2010
2009
2008
2005
1º sem/12
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
#
#
2007
9,0%
(!%"-$
-18%
2006
-15%
#
d5()/&%(2%8#)#,%"@%")#41&#1#@%""1)/#,)#!G#,5&5('5'#@)$)#==:#,1#-12)/#,)#,%"@%")#(1#;<#
"%&%"2$%S;=#N=9:#(1#;<#"%&%"2$%S;;R8#41(2$)$5)&%(2%#)1#@%"1#,1"#['$1"#M'%#"'.5'#@)$)#
K89:#N`:#(1#;<#"%&%"2$%S;;RW#
#
3"2%#(V1#O#1#4)&5(01#"'"4%26B%/#,%#%(M'),$)$#)#%"@%$)(*)#,1"#G1$2'?'%"%"#('&#)&)(0V#
&%/01$W#
#
kHhIZ!8#=>;=D;>D>E#
#
!#_5$%*V1#
#
#
#
#
#
#
#
#
#
#
kIGShh#
!
!
#
5
Download

o reajustamento demasiado rápido da economia portuguesa