Portugal National Government Debt
Key information about Portugal National Government Debt
- Portugal National Government Debt reached 345.5 USD bn in Sep 2025, compared with 338.0 USD bn in the previous quarter.
- Portugal National Government Debt data is updated quarterly, available from Mar 2000 to Sep 2025.
- The data reached an all-time high of 345.5 USD bn in Sep 2025 and a record low of 61.3 USD bn in Sep 2000.
CEIC converts quarterly Government Debt into USD. Banco de Portugal provides Government Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions.
Related information about Portugal National Government Debt
- In the latest reports, Portugal Consolidated Fiscal Balance registered a surplus equal to 0.4 % of its Nominal GDP in Sep 2025.
- The country's Government debt accounted for 97.6 % of its Nominal GDP in Sep 2025.
- Portugal Nominal GDP reached 90.8 USD bn in Sep 2025.
View Portugal's National Government Debt from Mar 2000 to Sep 2025 in the chart:
What was Portugal's National Government Debt in Sep 2025?
Portugal National Government Debt reached 345.5 USD bn in Sep 2025, compared with 338.0 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 345,501.8Sep 2025 | 337,955.5Jun 2025 | 61,315.1Sep 2000 | 345,501.8Sep 2025 | USD mn | quarterly | Mar 2000 - Sep 2025 |
National Government Debt by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 16,715.8Sep 2025 | quarterly | Sep 2010 - Sep 2025 |
| Algeria (USD mn) | 127,109.62024 | yearly | 1997 - 2024 |
| Argentina (USD mn) | 454,037.1Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| Armenia (USD mn) | 14,204.4Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Australia (USD mn) | 685,976.32024 | yearly | 1999 - 2024 |
| Austria (USD mn) | 497,437.3Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Azerbaijan (USD mn) | 9,223.02021 | yearly | 2008 - 2021 |
| Bahrain (USD mn) | 50,938.0Nov 2025 | monthly | Mar 2001 - Nov 2025 |
| Belarus (USD mn) | 23,375.7May 2022 | monthly | Dec 2003 - May 2022 |
| Belgium (USD mn) | 797,839.2Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Bolivia (USD mn) | 8,960.72014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (USD mn) | 3,449.62024 | yearly | 2007 - 2024 |
| Botswana (USD mn) | 4,996.32025 | yearly | 2002 - 2025 |
| Brazil (USD mn) | 1,829,088.8Dec 2025 | monthly | Dec 2000 - Dec 2025 |
| Bulgaria (USD mn) | 37,071.8Dec 2025 | monthly | Dec 2015 - Dec 2025 |
| Canada (USD mn) | 1,517,724.52025 | yearly | 1962 - 2025 |
| Chile (USD mn) | 149,182.1Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| China (USD mn) | 4,736,394.22024 | yearly | 2005 - 2024 |
| Colombia (USD mn) | 280,165.7Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Croatia (USD mn) | 59,850.6Oct 2025 | monthly | Dec 1995 - Oct 2025 |
| Cyprus (USD mn) | 23,954.7Nov 2025 | monthly | Dec 2010 - Nov 2025 |
| Czech Republic (USD mn) | 174,839.6Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Denmark (USD mn) | 141,615.2Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Ecuador (USD mn) | 85,105.4Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Egypt (USD mn) | 330,374.5Sep 2025 | quarterly | Jun 2006 - Sep 2025 |
| Estonia (USD mn) | 11,044.7Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| European Union (USD mn) | 17,899,598.0Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Finland (USD mn) | 289,404.3Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| France (USD mn) | 4,020,987.6Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Georgia (USD mn) | 13,286.4Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Germany (USD mn) | 3,271,285.0Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Greece (USD mn) | 431,674.3Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Hong Kong SAR, China (USD mn) | 190,786.02025 | yearly | 2003 - 2025 |
| Hungary (USD mn) | 192,814.7Sep 2025 | quarterly | Dec 1989 - Sep 2025 |
| Iceland (USD mn) | 20,025.72024 | yearly | 1998 - 2024 |
| India (USD mn) | 2,192,184.8Sep 2025 | quarterly | Dec 1998 - Sep 2025 |
| Indonesia (USD mn) | 547,950.7Jan 2025 | monthly | Jun 2009 - Jan 2025 |
| Ireland (USD mn) | 245,214.6Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Israel (USD mn) | 364,326.82024 | yearly | 1995 - 2024 |
| Italy (USD mn) | 3,624,882.7Nov 2025 | monthly | Jan 1957 - Nov 2025 |
| Ivory Coast (USD mn) | 3,853.22015 | yearly | 1975 - 2015 |
| Japan (USD mn) | 9,012,579.6Sep 2025 | monthly | Apr 1982 - Sep 2025 |
| Jordan (USD mn) | 51,156.6Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Kazakhstan (USD mn) | 72,503.6Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Kenya (USD mn) | 93,267.3Sep 2025 | monthly | Sep 1999 - Sep 2025 |
| South Korea (USD mn) | 896,321.5Sep 2025 | quarterly | Sep 2002 - Sep 2025 |
| Kosovo (USD mn) | 1,797.92024 | yearly | 2009 - 2024 |
| Kuwait (USD mn) | 6,701.5Nov 2025 | monthly | Dec 1993 - Nov 2025 |
| Kyrgyzstan (USD mn) | 8,850.1Nov 2025 | monthly | Jan 2011 - Nov 2025 |
| Latvia (USD mn) | 22,255.4Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Lebanon (USD mn) | 101,813.6Dec 2022 | monthly | Dec 2001 - Dec 2022 |
| Lithuania (USD mn) | 39,470.4Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Luxembourg (USD mn) | 28,692.8Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| North Macedonia (USD mn) | 10,002.3Jun 2025 | quarterly | Dec 2009 - Jun 2025 |
| Malawi (USD mn) | 2,620.02014 | yearly | 2010 - 2014 |
| Malaysia (USD mn) | 325,635.1Dec 2025 | quarterly | Mar 1978 - Dec 2025 |
| Malta (USD mn) | 13,160.7Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Mauritius (USD mn) | 12,831.7Dec 2025 | quarterly | Jun 2003 - Dec 2025 |
| Mexico (USD mn) | 1,095,450.4Dec 2025 | monthly | Dec 2005 - Dec 2025 |
| Moldova (USD mn) | 7,906.9Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Montenegro (USD mn) | 5,521.7Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Morocco (USD mn) | 91,099.0Dec 2022 | quarterly | Dec 2006 - Dec 2022 |
| Nepal (USD mn) | 14,538.42021 | yearly | 1990 - 2021 |
| Netherlands (USD mn) | 579,272.5Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| New Zealand (USD mn) | 123,654.9Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Nigeria (USD mn) | 97,066.2Jun 2025 | quarterly | Dec 2006 - Jun 2025 |
| Norway (USD mn) | 251,746.32024 | yearly | 1995 - 2024 |
| Oman (USD mn) | 37,971.42025 | yearly | 1990 - 2025 |
| Panama (USD mn) | 59,349.3Dec 2025 | monthly | Jul 2004 - Dec 2025 |
| Paraguay (USD mn) | 16,217.12024 | yearly | 2003 - 2024 |
| Peru (USD mn) | 105,081.0Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Philippines (USD mn) | 301,127.7Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Poland (USD mn) | 611,821.3Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Portugal (USD mn) | 345,501.8Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Qatar (USD mn) | 26,518.72012 | yearly | 2003 - 2012 |
| Romania (USD mn) | 249,581.5Aug 2025 | monthly | Nov 2011 - Aug 2025 |
| Russia (USD mn) | 465,308.9Jan 2026 | monthly | May 2009 - Jan 2026 |
| Saudi Arabia (USD mn) | 388,533.32025 | yearly | 2004 - 2025 |
| Serbia (USD mn) | 46,175.3Dec 2025 | monthly | Sep 2004 - Dec 2025 |
| Singapore (USD mn) | 1,019,617.5Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Slovakia (USD mn) | 98,260.7Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Slovenia (USD mn) | 55,072.6Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| South Africa (USD mn) | 352,108.9Nov 2025 | monthly | Jan 1960 - Nov 2025 |
| Spain (USD mn) | 2,005,898.9Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Sri Lanka (USD mn) | 98,101.8Sep 2025 | quarterly | Mar 2014 - Sep 2025 |
| Sweden (USD mn) | 230,743.4Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Switzerland (USD mn) | 231,894.52024 | yearly | 1990 - 2024 |
| Taiwan, China (USD mn) | 210,211.62024 | yearly | 1996 - 2024 |
| Thailand (USD mn) | 346,186.9Nov 2025 | monthly | Oct 1997 - Nov 2025 |
| Tunisia (USD mn) | 46,921.1Sep 2025 | monthly | Apr 2011 - Sep 2025 |
| Turkey (USD mn) | 298,427.12024 | yearly | 2001 - 2024 |
| Ukraine (USD mn) | 206,804.7Dec 2025 | monthly | Dec 2004 - Dec 2025 |
| United Kingdom (USD mn) | 4,111,415.2Sep 2025 | quarterly | Mar 1966 - Sep 2025 |
| United States (USD mn) | 38,521,368.0Jan 2026 | monthly | Jan 1969 - Jan 2026 |
| Uruguay (USD mn) | 48,109.8Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Venezuela (USD mn) | 105,131.72016 | yearly | 1996 - 2016 |
| Vietnam (USD mn) | 150,597.52024 | yearly | 2010 - 2024 |
| Yemen (USD mn) | 20,434.22013 | yearly | 2004 - 2013 |
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Learn more about what we doPortugal Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.4Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | 3,449.979Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Tax Revenue (USD mn) | 27,008.651Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Tax Revenue: % of GDP (%) | 29.4Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| National Government Debt (USD mn) | 345,501.8Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Government Debt: % of GDP (%) | 89.7Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Forecast: Government Expenditure (EUR bn) | 156.6932030 | yearly | 1986 - 2030 |
| Forecast: Government Net Debt (EUR bn) | 280.1572030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (EUR bn) | 153.3962030 | yearly | 1986 - 2030 |
| General Govt Gross Debt: as % of GDP (%) | 89.700Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Government Budget: ytd: Revenue: Current: Tax: Indirect: Value Added Tax (EUR mn) | 26,670.034Dec 2025 | monthly | Dec 1992 - Dec 2025 |
| Government Budget: ytd: Expenditure: Capital (EUR mn) | 5,633.227Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Government Budget: ytd: Expenditure: Current (EUR mn) | 72,200.196Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Government Budget: ytd: Balance (EUR mn) | -7,501.575Dec 2025 | monthly | Dec 1992 - Dec 2025 |
| Government Budget: ytd: Expenditure (EUR mn) | 77,833.423Dec 2025 | monthly | May 2009 - Dec 2025 |
| Government Budget: ytd: Revenue (EUR mn) | 70,331.848Dec 2025 | monthly | Dec 2004 - Dec 2025 |
| Government Budget: ytd: Revenue: Current: Tax: Direct (EUR mn) | 28,835.307Dec 2025 | monthly | Dec 1992 - Dec 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.5872030 | yearly | 1980 - 2030 |
| Trade Balance (USD mn) | -3,362.3Dec 2025 | monthly | Jan 1957 - Dec 2025 |
| Total Exports (USD mn) | 6,563.1Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Total Exports Growth (%) | -0.7Dec 2025 | monthly | Jan 1994 - Dec 2025 |
| Aluminum: Exports (USD th) | 311,567.6832024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 3,528,600.9932024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 156,342.2702024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 11,532.8Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Total Imports Growth (%) | -2.7Dec 2025 | monthly | Jan 1994 - Dec 2025 |
| Imports: Medicament (USD th) | 2,985,797.4742024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,408,935.5582024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 333.892Dec 2025 | monthly | Jan 1960 - Dec 2025 |
| Total Imports from USA (USD mn) | 200.412Dec 2025 | monthly | Dec 1974 - Dec 2025 |
| Total Exports to China (USD mn) | 61.905Dec 2025 | monthly | Sep 1994 - Dec 2025 |
| Total Imports from China (USD mn) | 675.950Dec 2025 | monthly | Feb 1974 - Dec 2025 |
| Exports (EUR) | 5,604,681,275.000Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Exports: Plastics and Articles (EUR mn) | 227.607Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Exports: Vehicles Other Than Railway and Tramway (EUR mn) | 683.477Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Exports: Electrical Machinery and Equipment (EUR mn) | 519.411Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Exports: Footwear and Gaiters (EUR mn) | 117.514Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Exports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 248.365Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Exports: EU: Spain (EUR mn) | 1,523.482Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Exports: EU: France (EUR mn) | 706.418Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Exports: EU: Germany (EUR mn) | 610.387Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports (EUR) | 8,476,002,302.000Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Imports: Vehicles Other Than Railway and Tramway (EUR mn) | 1,020.789Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 531.942Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: Nuclear Reactors, Boilers (EUR mn) | 894.792Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: Plastics and Articles (EUR mn) | 337.024Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: Electrical Machinery and Equipment (EUR mn) | 850.294Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: EU: Germany (EUR mn) | 979.753Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: EU: France (EUR mn) | 639.778Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: EU: Spain (EUR mn) | 3,051.460Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: Non EU: United States (EUR mn) | 171.146Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Export Value Index (2015=100) | 136.5772021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 146.0282021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.1Dec 2025 | monthly | Dec 1997 - Dec 2025 |
| Household Debt: % of GDP (%) | 56.1Sep 2025 | quarterly | Dec 2007 - Sep 2025 |
| Non-Performing Loans (USD mn) | 2,905.482Dec 2025 | monthly | Dec 1997 - Dec 2025 |
| Money Supply M1 (USD mn) | 175,751.669Oct 2025 | monthly | Dec 1979 - Oct 2025 |
| Money Supply M2 (USD mn) | 353,348.016Oct 2025 | monthly | Dec 1979 - Oct 2025 |
| M2 Growth (%) | 6.0Oct 2025 | monthly | Dec 1980 - Oct 2025 |
| Reserve Requirement Ratio (%) | 1.0Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Foreign Exchange Reserves (USD mn) | 10,505.3Dec 2025 | monthly | Dec 1999 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 1.976Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.1Dec 2025 | monthly | Dec 1999 - Dec 2025 |
| Gold Reserves (USD mn) | 46,911.414Sep 2025 | monthly | Dec 1956 - Sep 2025 |
| Total Deposits (USD mn) | 345,941.822Oct 2025 | monthly | Dec 1979 - Oct 2025 |
| Total Deposits Growth (%) | 6.0Nov 2025 | monthly | Dec 1980 - Nov 2025 |
| Domestic Credit (USD mn) | 398,844.3Dec 2025 | monthly | Dec 1979 - Dec 2025 |
| Domestic Credit Growth (%) | 0.3Aug 2019 | monthly | Dec 2001 - Aug 2019 |
| Debt Service Ratio: Households (%) | 5.900Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 12.600Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Credit to Households (USD bn) | 185.143Jun 2025 | quarterly | Dec 1979 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 453.321Jun 2025 | quarterly | Mar 1957 - Jun 2025 |
| Household Debt (USD mn) | 198,211.4Sep 2025 | quarterly | Dec 2007 - Sep 2025 |
| Total Loans (USD mn) | 269,601.388Dec 2025 | monthly | Dec 1979 - Dec 2025 |
| Total Loans Growth (%) | 6.96Dec 2025 | monthly | Dec 1980 - Dec 2025 |
| Private Debt: % of Nominal GDP (%) | 71.45Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Money Supply: M3: National Contribution: EC: M2: M1 (EUR mn) | 152,284.610Oct 2025 | monthly | Sep 1997 - Oct 2025 |
| Money Supply: M3: National Contribution: EC: M2 (EUR mn) | 308,684.760Nov 2025 | monthly | Sep 1997 - Nov 2025 |
| Official Reserve Assets (EUR mn) | 58,010.740Dec 2025 | monthly | Dec 1999 - Dec 2025 |
| Official Reserve Assets: Foreign Currency Reserves (FC) (EUR mn) | 8,641.460Dec 2025 | monthly | Dec 1999 - Dec 2025 |
| Outstanding Housing Credit (EUR) | 75,270.000Dec 2025 | monthly | Nov 2003 - Dec 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 1.9Jan 2026 | monthly | Jan 1988 - Jan 2026 |
| Coincident Indicator: Economic Activity (%) | 2.200Dec 2025 | monthly | Jan 1978 - Dec 2025 |
| Economic Sentiment Index: sa (1990-2006=100) | 104.200Jan 2026 | monthly | Jan 1987 - Jan 2026 |
More Indicators for Portugal
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