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MacroPortugal

Government debt in Portugal

How indebted is the state my taxes would go to?

Portugal's government debt is 89.70 % — #103 of 125 countries on the atlas (lower is better). Period 2025.

89.70%

Checked 24 Oct 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: 61.40 %1991: 65.20 %1992: 59.30 %1993: 58.40 %1994: 61.60 %1995: 63.50 %1996: 64.80 %1997: 58.20 %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: 75.50 %2009: 87.60 %2010: 99.90 %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: 89.70 %19902008202589.70 %
36 official observations, 1990 → 2025. Every point is a published value — never interpolated.
Rank
#103 of 125
lower is better
Ranked behind
18 %
22 of 125 countries
Latest move
▼ 3.80 pp
since 2024
Below its peak
44.40 pp
peak 134.10 % in 2020
Full series
▲ 28.30 pp
since 1990

In Europe: #30 of 37vs median 54.70 %: +35.00 pp (worse)

Among 125 countries

6 of 125 countries between 12.30 % and 17.90 %2 of 125 countries between 17.90 % and 23.49 %10 of 125 countries between 23.49 % and 29.09 %11 of 125 countries between 29.09 % and 34.68 %8 of 125 countries between 34.68 % and 40.28 %9 of 125 countries between 40.28 % and 45.88 %7 of 125 countries between 45.88 % and 51.47 %13 of 125 countries between 51.47 % and 57.07 %8 of 125 countries between 57.07 % and 62.66 %10 of 125 countries between 62.66 % and 68.26 %4 of 125 countries between 68.26 % and 73.85 %3 of 125 countries between 73.85 % and 79.45 %7 of 125 countries between 79.45 % and 85.05 %6 of 125 countries between 85.05 % and 90.64 %2 of 125 countries between 90.64 % and 96.24 %6 of 125 countries between 96.24 % and 101.83 %2 of 125 countries between 101.83 % and 107.43 %1 of 125 countries between 107.43 % and 113.02 %2 of 125 countries between 113.02 % and 118.62 %1 of 125 countries between 124.22 % and 129.81 %2 of 125 countries between 135.41 % and 141.00 %5 of 125 countries between 141.00 % and 146.60 %median 54.70 %Portugal: ahead of 18 % of the 125 countries with a published government debtPortugal 89.70 %12.30 %146.60 %
Half of all 125 countries sit between 36.10 % and 81.70 %. Portugal is ahead of 18 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Portugal
101 El Salvador87.60 %−2.10 pp
102 Finland88.40 %−1.30 pp
103 Portugal89.70 %—
104 Mozambique90.30 %+0.60 pp
105 Brazil93.30 %+3.60 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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