Portugal
Government debt in Portugal
Government debt in Portugal: 61.4% of GDP in 1990 and 89.7% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 89.7% of GDP
- Since 1990
- +28.2 percentage points
- Rank, 2025
- 23 of 149
- counting from the highest
- Projected, 2031
- 72% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 72% of GDP in 2031.
- The highest was 134.1% of GDP in 2020, the lowest 54.2% of GDP in 2000.
Every year
% of GDP · IMF
| Year | Portugal |
|---|---|
| 2025 | 89.7 |
| 2024 | 93.5 |
| 2023 | 96.9 |
| 2022 | 111.2 |
| 2021 | 123.9 |
| 2020 | 134.1 |
| 2019 | 116.1 |
| 2018 | 121.1 |
| 2017 | 126 |
| 2016 | 131.2 |
| 2015 | 131 |
| 2014 | 132.5 |
| 2013 | 130.8 |
| 2012 | 128.6 |
| 2011 | 114 |
| 2010 | 99.9 |
| 2009 | 87.6 |
| 2008 | 75.5 |
| 2007 | 72.7 |
| 2006 | 73.7 |
| 2005 | 72.2 |
| 2004 | 67.1 |
| 2003 | 63.9 |
| 2002 | 60 |
| 2001 | 57.4 |
| 2000 | 54.2 |
| 1999 | 55.4 |
| 1998 | 55.6 |
| 1997 | 58.2 |
| 1996 | 64.8 |
| 1995 | 63.5 |
| 1994 | 61.6 |
| 1993 | 58.4 |
| 1992 | 59.3 |
| 1991 | 65.2 |
| 1990 | 61.4 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Portugal |
|---|---|
| 2026 | 85.1 |
| 2027 | 81 |
| 2028 | 77.9 |
| 2029 | 75.3 |
| 2030 | 73.4 |
| 2031 | 72 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 149 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Portugal in numbers
Every measure for Portugal on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending1.71% of GDP in 2025
- Military spending in US dollars$5.51B in 2025
- Military spending per person$563 in 2025
- Military share of state spending4% of government spending in 2025
- Armed forces personnel52,000 people in 2020
- National power0.12% of world capability in 2022
- Armed forces, share of workers1.01% of the labour force in 2020
- Arms imports90 million TIV in 2025
- Arms exports1 million TIV in 2025