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Government debt

Portugal

Portugal. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 202589.7%History / IMF estimates
Debt, US$ bn · 2025310.7History / IMF estimates
Per person, US$ · 202528,762History / IMF estimates
GDP, US$ bn · 2025346.4History / IMF estimates

What the figures show

History / IMF estimates

Portugal: IMF data and estimates put government debt at 89.7% of GDP in 2025. The derived debt amount is US$ 310.7 billion.

  • The debt-to-GDP ratio is 3.8 percentage points below its 2024 level.
  • This is above the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio decreases by 41.3 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time038751131502000200520102015202020252031Portugal · 2000: 54.2% — History / IMF estimatesPortugal · 2001: 57.4% — History / IMF estimatesPortugal · 2002: 60.0% — History / IMF estimatesPortugal · 2003: 63.9% — History / IMF estimatesPortugal · 2004: 67.1% — History / IMF estimatesPortugal · 2005: 72.2% — History / IMF estimatesPortugal · 2006: 73.7% — History / IMF estimatesPortugal · 2007: 72.7% — History / IMF estimatesPortugal · 2008: 75.5% — History / IMF estimatesPortugal · 2009: 87.6% — History / IMF estimatesPortugal · 2010: 99.9% — History / IMF estimatesPortugal · 2011: 114.0% — History / IMF estimatesPortugal · 2012: 128.6% — History / IMF estimatesPortugal · 2013: 130.8% — History / IMF estimatesPortugal · 2014: 132.5% — History / IMF estimatesPortugal · 2015: 131.0% — History / IMF estimatesPortugal · 2016: 131.2% — History / IMF estimatesPortugal · 2017: 126.0% — History / IMF estimatesPortugal · 2018: 121.1% — History / IMF estimatesPortugal · 2019: 116.1% — History / IMF estimatesPortugal · 2020: 134.1% — History / IMF estimatesPortugal · 2021: 123.9% — History / IMF estimatesPortugal · 2022: 111.2% — History / IMF estimatesPortugal · 2023: 96.9% — History / IMF estimatesPortugal · 2024: 93.5% — History / IMF estimatesPortugal · 2025: 89.7% — History / IMF estimatesPortugal · 2026: 85.1% — IMF estimate / projectionPortugal · 2027: 81.0% — IMF projectionPortugal · 2028: 77.9% — IMF projectionPortugal · 2029: 75.3% — IMF projectionPortugal · 2030: 73.4% — IMF projectionPortugal · 2031: 72.0% — IMF projection
Chart data table
YearPortugal (%)Source
203172.0IMF projection
203073.4IMF projection
202975.3IMF projection
202877.9IMF projection
202781.0IMF projection
202685.1IMF estimate / projection
202589.7History / IMF estimates
202493.5History / IMF estimates
202396.9History / IMF estimates
2022111.2History / IMF estimates
2021123.9History / IMF estimates
2020134.1History / IMF estimates
2019116.1History / IMF estimates
2018121.1History / IMF estimates
2017126.0History / IMF estimates
2016131.2History / IMF estimates
2015131.0History / IMF estimates
2014132.5History / IMF estimates
2013130.8History / IMF estimates
2012128.6History / IMF estimates
2011114.0History / IMF estimates
201099.9History / IMF estimates
200987.6History / IMF estimates
200875.5History / IMF estimates
200772.7History / IMF estimates
200673.7History / IMF estimates
200572.2History / IMF estimates
200467.1History / IMF estimates
200363.9History / IMF estimates
200260.0History / IMF estimates
200157.4History / IMF estimates
200054.2History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data