Portugal Total Debt: % of GDP

1995 - 2026 | Quarterly | % | CEIC Data

Key information about Portugal Total Debt: % of GDP

  • Portugal Total Debt accounted for 450.3 % of the country's GDP in 2026, compared with the ratio of 446.7 % in the previous quarter.
  • Portugal Total Debt: % of GDP data is updated quarterly, available from Dec 1995 to Mar 2026.
  • The data reached an all-time high of 690.5 % in Dec 2012 and a record low of 324.7 % in Mar 1996.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly consolidated Total Debt and quarterly Nominal GDP. Consolidated Total Debt is calculated as Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives for Financial Corporations, Non Financial Corporations, General Government, Households and NPISH sectors. Banco de Portugal provides consolidated Total Debt in EUR. Eurostat provides Nominal GDP in EUR.

View Portugal's Total Debt: % of GDP from Dec 1995 to Mar 2026 in the chart:

Portugal Total Debt: % of GDP

What was Portugal's Total Debt: % of GDP in Mar 2026?

Portugal Total Debt accounted for 450.3 % of the country's GDP in 2026, compared with the ratio of 446.7 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
450.3 Mar 2026 446.7 Dec 2025 324.7 Mar 1996 690.5 Dec 2012 % quarterly Dec 1995 - Mar 2026

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 267.4 Mar 2026 quarterly Jun 1988 - Mar 2026
Austria (%) 516.0 Dec 2025 quarterly Mar 1999 - Dec 2025
Belgium (%) 695.9 Dec 2025 quarterly Dec 1998 - Dec 2025
Bulgaria (%) 348.2 2024 yearly 1995 - 2024
Canada (%) 944.6 Dec 2025 quarterly Mar 1990 - Dec 2025
Croatia (%) 412.1 Dec 2025 quarterly Dec 1995 - Dec 2025
Cyprus (%) 1,096.1 2025 yearly 1995 - 2025
Czech Republic (%) 387.3 Dec 2025 quarterly Mar 2004 - Dec 2025
Denmark (%) 830.8 2024 yearly 1994 - 2024
Estonia (%) 380.3 Mar 2026 quarterly Dec 2003 - Mar 2026
European Union (%) 679.5 2025 yearly 2001 - 2025
Finland (%) 600.6 2025 yearly 1995 - 2025
France (%) 937.4 Dec 2025 quarterly Mar 1996 - Dec 2025
Germany (%) 585.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Greece (%) 526.1 Dec 2025 quarterly Dec 1997 - Dec 2025
Hungary (%) 392.1 Mar 2026 quarterly Dec 1995 - Mar 2026
Iceland (%) 679.7 2024 yearly 2003 - 2024
Ireland (%) 865.8 Dec 2025 quarterly Mar 2002 - Dec 2025
Italy (%) 550.5 Dec 2025 quarterly Dec 1995 - Dec 2025
Japan (%) 1,156.9 Mar 2026 quarterly Jun 1998 - Mar 2026
South Korea (%) 705.8 Mar 2026 quarterly Dec 2008 - Mar 2026
Latvia (%) 339.8 Dec 2025 quarterly Mar 2004 - Dec 2025
Lithuania (%) 326.8 Sep 2025 quarterly Dec 1995 - Sep 2025
Luxembourg (%) 7,036.9 Mar 2026 quarterly Dec 1995 - Mar 2026
North Macedonia (%) 342.8 2025 yearly 2013 - 2025
Malta (%) 1,304.8 Dec 2025 quarterly Mar 2004 - Dec 2025
Mexico (%) 113.8 Mar 2026 quarterly Dec 2000 - Mar 2026
Netherlands (%) 958.3 Mar 2026 quarterly Mar 1999 - Mar 2026
New Zealand (%) 586.2 2023 yearly 2006 - 2023
Norway (%) 593.4 Mar 2026 quarterly Dec 1995 - Mar 2026
Poland (%) 298.0 Dec 2025 quarterly Mar 2004 - Dec 2025
Portugal (%) 450.3 Mar 2026 quarterly Dec 1995 - Mar 2026
Romania (%) 244.9 Mar 2026 quarterly Dec 1995 - Mar 2026
Slovakia (%) 372.2 Sep 2025 quarterly Dec 2012 - Sep 2025
Slovenia (%) 318.1 Mar 2026 quarterly Mar 2004 - Mar 2026
Spain (%) 551.3 Mar 2026 quarterly Dec 1995 - Mar 2026
Sweden (%) 753.4 Mar 2026 quarterly Mar 1996 - Mar 2026
Switzerland (%) 899.3 2025 yearly 1999 - 2025
Taiwan, China (%) 880.3 2024 yearly 2000 - 2024
Turkey (%) 245.6 Dec 2025 quarterly Dec 2014 - Dec 2025
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 823.8 Mar 2026 quarterly Mar 1987 - Mar 2026
United States (%) 721.7 Mar 2026 quarterly Dec 1951 - Mar 2026

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Portugal Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.5 Mar 2026 quarterly Dec 1995 - Mar 2026
Consolidated Fiscal Balance (USD mn) -596.742 Mar 2026 quarterly Mar 1995 - Mar 2026
Tax Revenue (USD mn) 18,764.455 Mar 2026 quarterly Mar 1999 - Mar 2026
Tax Revenue: % of GDP (%) 21.3 Mar 2026 quarterly Mar 1999 - Mar 2026
National Government Debt (USD mn) 326,082.0 Mar 2026 quarterly Mar 2000 - Mar 2026
Government Debt: % of GDP (%) 91.0 Mar 2026 quarterly Dec 1995 - Mar 2026
Forecast: Government Expenditure (EUR bn) 171.893 2031 yearly 1986 - 2031
Forecast: Government Net Debt (EUR bn) 292.594 2031 yearly 1990 - 2031
Forecast: Government Revenue (EUR bn) 165.667 2031 yearly 1986 - 2031
General Govt Gross Debt: as % of GDP (%) 91.000 Mar 2026 quarterly Dec 1995 - Mar 2026
Government Budget: ytd: Revenue: Current: Tax: Indirect: Value Added Tax (EUR mn) 10,985.459 May 2026 monthly Dec 1992 - May 2026
Government Budget: ytd: Expenditure: Capital (EUR mn) 2,399.549 May 2026 monthly Jan 2005 - May 2026
Government Budget: ytd: Balance (EUR mn) -7,029.945 May 2026 monthly Dec 1992 - May 2026
Government Budget: ytd: Expenditure: Current (EUR mn) 29,291.327 May 2026 monthly Jan 2005 - May 2026
Government Budget: ytd: Revenue (EUR mn) 24,660.931 May 2026 monthly Dec 2004 - May 2026
Government Budget: ytd: Expenditure (EUR mn) 31,690.876 May 2026 monthly May 2009 - May 2026
Government Budget: ytd: Revenue: Current: Tax: Direct (EUR mn) 7,399.942 May 2026 monthly Dec 1992 - May 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.366 2031 yearly 1980 - 2031
Trade Balance (USD mn) -3,283.3 May 2026 monthly Jan 1957 - May 2026
Total Exports (USD mn) 8,547.6 May 2026 monthly Jan 1993 - May 2026
Total Exports Growth (%) 5.1 May 2026 monthly Jan 1994 - May 2026
Aluminum: Exports (USD th) 311,567.683 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 5,190,587.761 2025 yearly 1995 - 2025
Exports: Medicinal and Pharmaceutical Product (USD th) 250,846.065 2025 yearly 1995 - 2025
Total Imports (USD mn) 11,532.8 Sep 2025 monthly Jan 1993 - Sep 2025
Total Imports Growth (%) -1.6 May 2026 monthly Jan 1994 - May 2026
Imports: Medicament (USD th) 3,493,932.630 2025 yearly 1995 - 2025
Imports: Medicinal and Pharmaceutical Product (USD th) 1,602,279.977 2025 yearly 1995 - 2025
Total Exports to USA (USD mn) 480.097 May 2026 monthly Jan 1960 - May 2026
Total Imports from USA (USD mn) 273.973 May 2026 monthly Dec 1974 - May 2026
Total Exports to China (USD mn) 98.459 May 2026 monthly Sep 1994 - May 2026
Total Imports from China (USD mn) 585.708 May 2026 monthly Feb 1974 - May 2026
Exports (EUR) 7,317,536,378.000 May 2026 monthly Jan 1993 - May 2026
Exports: Plastics and Articles (EUR mn) 345.998 May 2026 monthly Jan 2004 - May 2026
Exports: Footwear and Gaiters (EUR mn) 129.507 May 2026 monthly Jan 2004 - May 2026
Exports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) 536.685 May 2026 monthly Jan 2004 - May 2026
Exports: Vehicles Other Than Railway and Tramway (EUR mn) 923.058 May 2026 monthly Jan 2004 - May 2026
Exports: Electrical Machinery and Equipment (EUR mn) 645.511 May 2026 monthly Jan 2004 - May 2026
Exports: EU: Spain (EUR mn) 1,923.274 May 2026 monthly Jan 2004 - May 2026
Exports: EU: Germany (EUR mn) 985.131 May 2026 monthly Jan 2004 - May 2026
Exports: EU: France (EUR mn) 835.398 May 2026 monthly Jan 2004 - May 2026
Imports (EUR) 10,128,367,145.000 May 2026 monthly Jan 1993 - May 2026
Imports: Vehicles Other Than Railway and Tramway (EUR mn) 1,389.403 May 2026 monthly Jan 2004 - May 2026
Imports: Nuclear Reactors, Boilers (EUR mn) 837.812 May 2026 monthly Jan 2004 - May 2026
Imports: Electrical Machinery and Equipment (EUR mn) 918.757 May 2026 monthly Jan 2004 - May 2026
Imports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) 1,252.085 May 2026 monthly Jan 2004 - May 2026
Imports: Plastics and Articles (EUR mn) 441.916 May 2026 monthly Jan 2004 - May 2026
Imports: EU: France (EUR mn) 691.416 May 2026 monthly Jan 2004 - May 2026
Imports: EU: Germany (EUR mn) 1,173.301 May 2026 monthly Jan 2004 - May 2026
Imports: EU: Spain (EUR mn) 3,312.751 May 2026 monthly Jan 2004 - May 2026
Imports: Non EU: United States (EUR mn) 234.546 May 2026 monthly Jan 2004 - May 2026
Export Value Index (2015=100) 155.800 2024 yearly 2005 - 2024
Import Value Index (2015=100) 169.500 2023 yearly 1995 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 266.9 Apr 2026 monthly Jan 1996 - Apr 2026
Current Account Balance (USD mn) 692.3 Apr 2026 monthly Jan 1996 - Apr 2026
Current Account Balance: % of GDP (%) -0.8 Mar 2026 quarterly Mar 1996 - Mar 2026
Foreign Direct Investment (USD mn) 1,637.8 Sep 2025 monthly Jan 1996 - Sep 2025
Foreign Direct Investment: % of GDP (%) 5.4 Sep 2025 quarterly Mar 1996 - Sep 2025
Foreign Portfolio Investment (USD mn) -5,611.260 Dec 2025 quarterly Mar 1996 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 9.4 Mar 2026 quarterly Mar 1996 - Mar 2026
Foreign Portfolio Investment: Equity Securities (USD mn) 39.7 Jun 2025 quarterly Mar 1975 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 10,108.990 Jun 2025 quarterly Mar 1975 - Jun 2025
External Debt (USD mn) 523,226.4 Dec 2025 quarterly Mar 1996 - Dec 2025
External Debt: % of GDP (%) 145.3 2025 yearly 1996 - 2025
External Debt: Short Term (USD mn) 222,233.5 Dec 2025 quarterly Mar 1996 - Dec 2025
External Debt: Short Term: % of GDP (%) 61.7 2025 yearly 1996 - 2025
Total Debt: % of GDP (%) 450.3 Mar 2026 quarterly Dec 1995 - Mar 2026
Forecast: Current Account Balance (USD bn) 2.489 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -180,884.481 Dec 2025 quarterly Mar 1996 - Dec 2025
BoP: Financial Account: Direct Investment: Assets (EUR mn) 228.200 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Portfolio Investment: Assets (EUR mn) 835.590 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Direct Investment: Liabilities (EUR mn) 3,077.250 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Capital Account: Capital Transfers: Credit (EUR mn) 268.060 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Portfolio Investment: Liabilities (EUR mn) 4,591.070 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Capital Account: Capital Transfers: Debit (EUR mn) 1.670 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Portfolio Investment (EUR mn) -3,755.480 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Other Investment: Liabilities (EUR mn) -3,753.060 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Current and Capital Accounts: Capital Account (EUR mn) 275.740 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Other Investment: Assets (EUR mn) 3,503.010 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Financial Derivatives (EUR mn) 198.770 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Direct Investment (EUR mn) -2,849.060 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Reserve Assets (EUR mn) 6.610 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account: Other Investment (EUR mn) 7,256.070 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Financial Account (EUR mn) 856.900 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Current and Capital Accounts: Capital Account: Credit (EUR mn) 301.760 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Capital Account: Capital Transfers (EUR mn) 266.390 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: Current and Capital Accounts: Capital Account: Debit (EUR mn) 26.020 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Primary Income (EUR mn) -221.850 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: Credit (EUR mn) 15,470.710 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Services (EUR mn) 2,882.620 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Debit (EUR mn) 14,577.090 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: Debit (EUR mn) 14,603.110 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts (EUR mn) 867.600 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Goods (EUR mn) -2,601.160 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Credit (EUR mn) 15,168.950 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Services: Credi... (EUR mn) 5,424.660 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Secondary Incom... (EUR mn) 1,205.920 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Secondary Incom... (EUR mn) 673.670 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Goods: Debit (EUR mn) 9,406.260 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: Current Account (CA) (EUR mn) 591.860 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Primary Income:... (EUR mn) 1,955.120 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Goods: Credit (EUR mn) 6,805.100 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Primary Income:... (EUR mn) 1,733.270 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Secondary Incom... (EUR mn) 532.250 Apr 2026 monthly Jan 1996 - Apr 2026
BoP: swda: Current and Capital Accounts: CA: Goods and Services: Services: Debit (EUR mn) 2,542.030 Apr 2026 monthly Jan 1996 - Apr 2026
Gross External Debt (EUR mn) 445,830.230 Dec 2025 quarterly Mar 1996 - Dec 2025
IIP: Assets (EUR mn) 531,331.000 Dec 2025 quarterly Mar 1996 - Dec 2025
IIP: Liabilities (EUR mn) 685,458.870 Dec 2025 quarterly Mar 1996 - Dec 2025
International Investment Position (IIP) (EUR mn) -154,127.880 Dec 2025 quarterly Mar 1996 - Dec 2025
BoP: Current Account (EUR mn) -529.170 Jun 2018 monthly Jan 1996 - Jun 2018
BoP: Current Account: Secondary Income (EUR mn) 282.520 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: Primary Income (EUR mn) -153.000 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: Primary Income: Credit (EUR mn) 507.220 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: GS: Services (EUR mn) 667.800 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: GS: Goods (EUR mn) -1,538.150 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: Secondary Income: Debit (EUR mn) 380.340 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: Secondary Income: Credit (EUR mn) 662.860 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: Primary Income: Debit (EUR mn) 660.230 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: GS: Services: Debit (EUR mn) 1,462.910 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: GS: Services: Credit (EUR mn) 2,130.710 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: GS: Goods: Debit (EUR mn) 6,413.750 Jan 2019 monthly Jan 1996 - Jan 2019
BoP: Current Account: GS: Goods: Credit (EUR mn) 4,875.600 Jan 2019 monthly Jan 1996 - Jan 2019
No of Companies (Unit th) 560.345 2024 yearly 2006 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.1 May 2026 monthly Dec 1997 - May 2026
Household Debt: % of GDP (%) 56.8 Mar 2026 quarterly Dec 2007 - Mar 2026
Non-Performing Loans (USD mn) 3,033.036 May 2026 monthly Dec 1997 - May 2026
Money Supply M1 (USD mn) 182,465.876 May 2026 monthly Dec 1979 - May 2026
Money Supply M2 (USD mn) 370,241.340 May 2026 monthly Dec 1979 - May 2026
M2 Growth (%) 6.7 May 2026 monthly Dec 1980 - May 2026
Reserve Requirement Ratio (%) 1.0 Jun 2026 monthly Jan 1999 - Jun 2026
Foreign Exchange Reserves (USD mn) 10,922.2 May 2026 monthly Dec 1999 - May 2026
Foreign Exchange Reserves: % of GDP (%) 3.094 Mar 2026 quarterly Dec 1999 - Mar 2026
Foreign Exchange Reserves: Months of Import (NA) 0.9 May 2026 monthly Dec 1999 - May 2026
Gold Reserves (USD mn) 55,902.573 May 2026 monthly Dec 1956 - May 2026
Total Deposits (USD mn) 362,350.786 May 2026 monthly Dec 1979 - May 2026
Total Deposits Growth (%) 6.6 May 2026 monthly Dec 1980 - May 2026
Domestic Credit (USD mn) 412,157.4 May 2026 monthly Dec 1979 - May 2026
Domestic Credit Growth (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Debt Service Ratio: Households (%) 5.800 Sep 2025 quarterly Mar 1999 - Sep 2025
Debt Service Ratio: Private Non-Financial Sector (%) 12.300 Sep 2025 quarterly Mar 1999 - Sep 2025
Credit to Households (USD bn) 194.307 Dec 2025 quarterly Dec 1979 - Dec 2025
Credit to Private Non-Financial Sector (USD bn) 458.668 Sep 2025 quarterly Mar 1957 - Sep 2025
Household Debt (USD mn) 198,211.4 Sep 2025 quarterly Dec 2007 - Sep 2025
Total Loans (USD mn) 278,120.320 May 2026 monthly Dec 1979 - May 2026
Total Loans Growth (%) 7.90 May 2026 monthly Dec 1980 - May 2026
Private Debt: % of Nominal GDP (%) 71.97 Mar 2026 quarterly Dec 1995 - Mar 2026
Money Supply: M3: National Contribution: EC: M2: M1 (EUR mn) 156,234.160 May 2026 monthly Sep 1997 - May 2026
Money Supply: M3: National Contribution: EC: M2 (EUR mn) 317,014.590 May 2026 monthly Sep 1997 - May 2026
Official Reserve Assets (EUR mn) 61,167.590 May 2026 monthly Dec 1999 - May 2026
Official Reserve Assets: Foreign Currency Reserves (FC) (EUR mn) 9,045.830 May 2026 monthly Dec 1999 - May 2026
Outstanding Housing Credit (EUR) 77,614.000 Apr 2026 monthly Nov 2003 - Apr 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -1.2 Jun 2026 monthly Jan 1988 - Jun 2026
Coincident Indicator: Economic Activity (%) 1.700 May 2026 monthly Jan 1978 - May 2026
Economic Sentiment Index: sa (1990-2006=100) 103.000 Jun 2026 monthly Jan 1987 - Jun 2026

More Indicators for Portugal

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