Portugal Government Debt to GDP — 2026 Data & Trend
Portugal's government debt was 89.70% in December 2025, down from 97.40% the previous quarter. A year earlier it stood at 93.50%.
Portugal's government debt stands at 89.70% as of December 2025. Over the latest readings, the government debt has moved within a band of 54.00% to 137.50%. The most recent figure of 89.70% is down from 97.40% a quarter earlier, and is 3.80% lower than a year ago.
The trend
Among the 121 economies tracked on this platform, Portugal ranks #20 on government debt by latest value. It fell from 97.40% in the previous quarter, and compares with a year-earlier 93.50%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2025 | 89.70% |
| Sep 2025 | 97.40% |
| Jun 2025 | 96.50% |
| Mar 2025 | 94.80% |
| Dec 2024 | 93.50% |
| Sep 2024 | 95.80% |
| Jun 2024 | 99.10% |
| Mar 2024 | 98.10% |
Data: Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Portugal Have in 2026?
Portugal's government debt was 89.70% in December 2025, down from 97.40% the previous quarter. A year earlier it stood at 93.50%.
Is the government debt rising or falling in Portugal?
It fell in the latest reading — 89.70% in December 2025 versus 97.40% a quarter earlier. Year on year it is lower.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).