Government Debt in Portugal increased to 293894 EUR Million in the second quarter of 2026 from 283183 EUR Million in the first quarter of 2026. Government Debt in Portugal averaged 182413.63 EUR Million from 1995 until 2026, reaching an all time high of 294508.00 EUR Million in the third quarter of 2025 and a record low of 55389.00 EUR Million in the fourth quarter of 1995. source: Banco de Portugal