External Debt in Portugal increased to 414409.79 EUR Million in the first quarter of 2019 from 412765.99 EUR Million in the fourth quarter of 2018. External Debt in Portugal averaged 289654.76 EUR Million from 1996 until 2019, reaching an all time high of 421132.40 EUR Million in the second quarter of 2010 and a record low of 56392.07 EUR Million in the first quarter of 1996.
External Debt in Portugal is expected to be 418267.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Portugal to stand at 420196.00 in 12 months time. In the long-term, the Portugal Total Gross External Debt is projected to trend around 435887.00 EUR Million in 2020, according to our econometric models.