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Portugal Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

90.95% −3.99% (-4.2%)
Year 2025 Rank #26 Global Peak 134.10% (2020) Source IMF WEO

Portugal Government Debt to GDP (1990–2025)

Overview

Portugal's government debt to gdp stood at 90.95% in 2025, a decline of +3.99% from 2024. The IMF projects 90.95% by 2025. Portugal ranked 26th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 77.35% - -
2029* IMF 79.38% - -
2028* IMF 81.50% - -
2027* IMF 83.89% - -
2026* IMF 86.91% - -
2025* IMF 90.95% - -
2025 90.95% −3.99% #26
2024 94.93% −2.80% #164
2023 97.73% −13.50% #163
2022 111.23% −12.65% #172
2021 123.88% −10.22% #179
2020 134.10% +17.99% #177
2019 116.11% −5.00% #182
2018 121.11% −4.92% #183
2017 126.03% −5.15% #181
2016 131.18% +0.16% #182
2015 131.02% −1.43% #183
2014 132.45% +1.61% #182
2013 130.84% +2.24% #182
2012 128.60% +14.58% #182
2011 114.02% +13.95% #178
Show all years (1990-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +20.4% GDP growth 2.1% C/A balance 2.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Portugal matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Portugal's government debt to gdp?

Portugal's government debt to gdp was 90.95% in 2025. Ranked 26th globally. This represents a 4.2% decrease from the previous year.

What was the highest government debt to gdp in Portugal?

Portugal's government debt to gdp peaked at 134.10% in 2020.

What was the lowest government debt to gdp in Portugal?

The lowest government debt to gdp in Portugal was 54.19% in 2000.

How does Portugal rank in government debt to gdp?

Portugal ranks 26th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Portugal in 2025?

Portugal's government debt to gdp is projected to reach 90.95% by 2025 based on IMF projection.

What is the government debt to gdp of Portugal in 2025?

The government debt to gdp of Portugal in 2025 was 90.95%. This ranks 26th in the world.

Cite this page

APA
Portugal Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/portugal/government-debt-to-gdp
BibTeX
@misc{historysaid_portugal_government-debt-to-gdp, title = {Portugal Government Debt to GDP}, url = {https://historysaid.com/portugal/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }