Portugal recorded a Government Debt to GDP of 93.60 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Portugal averaged 87.36 percent of GDP from 1990 until 2024, reaching an all time high of 134.10 percent of GDP in 2020 and a record low of 54.20 percent of GDP in 2000. source: Banco de Portugal

Government Debt to GDP in Portugal is expected to reach 84.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Government Debt to GDP is projected to trend around 81.90 percent of GDP in 2027 and 79.50 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 5665.73 77833.40 EUR Million Jan 2026
Budget Balance -595.72 -7501.60 EUR Million Jan 2026
Government Debt 274776.00 294420.00 EUR Million Dec 2025
Government Debt to GDP 93.60 97.70 percent of GDP Dec 2024
Government Revenues 5070.02 70331.80 EUR Million Jan 2026


Portugal Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
93.60 97.70 134.10 54.20 1990 - 2024 percent of GDP Yearly