Portugal Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Portugal's government debt to gdp was 90.95% in 2025, ranked 26th globally. This represents a 4.2% decrease from 2024. Data from IMF WEO, covering 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.
Portugal's government debt to GDP ratio has exhibited significant fluctuations over the past 36 years, with the all-time peak of 134.10 reached in 2020 and the all-time trough of 54.19 in 2000. The ratio has steadily increased since 2000, surpassing 90.94 in 2025, ranking Portugal 26th globally. This trend is comparable to Brazil, which holds a similar debt-to-GDP ratio of 91.42. Notably, the ratio has decreased from its peak in 2020, indicating a cautious approach to debt reduction. Despite this, the ratio remains above the 2000 trough, highlighting the country's continued reliance on debt financing. As Portugal navigates the ongoing economic challenges, a sustained commitment to fiscal discipline and structural reforms will be crucial to reversing the trend and reducing its debt-to-GDP ratio.
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 |
Detected Pattern
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
Portugal's government debt to gdp was 90.95% in 2025. Ranked 26th globally. This represents a 4.2% decrease from the previous year.
Portugal's government debt to gdp peaked at 134.10% in 2020.
The lowest government debt to gdp in Portugal was 54.19% in 2000.
Portugal ranks 26th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Portugal's government debt to gdp is projected to reach 90.95% by 2025 based on IMF projection.
The government debt to gdp of Portugal in 2025 was 90.95%. This ranks 26th in the world.
Cite this page
@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}
}