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MacroPortugal

Government debt in Portugal

How indebted is the state my taxes would go to?

Portugal's government debt is 89.90 % — #105 of 124 countries on the atlas (lower is better). Period 2025.

89.90%

Checked 8 Sept 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.9 years' worth of the country's entire economic output.

Government debt in Portugal over time

134.10 %94.15 %54.20 %134.10 % · 202054.20 % · 20001990: 60.20 %1991: 63.90 %1992: 58.10 %1993: 57.20 %1994: 60.40 %1995: 62.20 %1996: 63.30 %1997: 58.70 %1998: 55.60 %1999: 55.40 %2000: 54.20 %2001: 57.40 %2002: 60.00 %2003: 63.90 %2004: 67.10 %2005: 72.20 %2006: 73.70 %2007: 72.70 %2008: 75.60 %2009: 87.80 %2010: 100.10 %2011: 114.00 %2012: 128.60 %2013: 130.80 %2014: 132.50 %2015: 131.00 %2016: 131.20 %2017: 126.00 %2018: 121.10 %2019: 116.10 %2020: 134.10 %2021: 123.90 %2022: 111.20 %2023: 96.90 %2024: 93.50 %2025: 89.90 %19902008202589.90 %
36 official observations, 1990 → 2025. Every point is a published value — never interpolated.
Rank
#105 of 124
lower is better
Ranked behind
15 %
19 of 124 countries
Latest move
▼ 3.60 pp
since 2024
Below its peak
44.20 pp
peak 134.10 % in 2020
Full series
▲ 29.70 pp
since 1990

In Europe: #30 of 37vs median 54.55 %: +35.35 pp (worse)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Portugal: ahead of 15 % of the 124 countries with a published government debtPortugal 89.90 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Portugal is ahead of 15 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Portugal
103 El Salvador87.20 %−2.70 pp
104 Finland89.30 %−0.60 pp
105 Portugal89.90 %—
106 Brazil93.30 %+3.40 pp
107 Barbados94.20 %+4.30 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Portugal

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Portugal with another country →Everything about Portugal →
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