Gross debt in Portugal

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Portugal in the period from 1998 to 2016 was between 55.5 billion and 241.1 billion Euro. The highest level of the last years at 241.06 billion Euro was reached in 2016.

Based on the number of inhabitants, this is in Portugal a debt of 23,346 Euro per person. For comparison: The average debt per person in the same year in the European Union was 24,160 Euro.


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Gross debt of the past 18 years in billion Euro




JahrPortugal totalEuropean Union totalPortugal per capitaEuropean Union per capita
199855.49 bn €542.28 bn €5,374 €10,605 €
199958.66 bn €564.55 bn €5,681 €11,040 €
200064.16 bn €569.72 bn €6,214 €11,141 €
200172.33 bn €585.17 bn €7,005 €11,443 €
200279.85 bn €601.06 bn €7,734 €11,754 €
200385.22 bn €626.46 bn €8,253 €12,251 €
200494.45 bn €673.97 bn €9,148 €13,180 €
2005106.92 bn €711.45 bn €10,355 €13,913 €
2006115.00 bn €735.37 bn €11,138 €14,381 €
2007120.09 bn €745.65 bn €11,630 €14,582 €
2008128.19 bn €791.13 bn €12,415 €15,471 €
2009146.69 bn €893.39 bn €14,207 €17,471 €
2010173.06 bn €1,002.08 bn €16,761 €19,596 €
2011196.23 bn €1,067.22 bn €19,005 €20,870 €
2012212.56 bn €1,124.02 bn €20,586 €21,981 €
2013219.71 bn €1,158.25 bn €21,279 €22,650 €
2014226.03 bn €1,210.59 bn €21,891 €23,674 €
2015231.54 bn €1,246.05 bn €22,424 €24,367 €
2016241.06 bn €1,235.46 bn €23,346 €24,160 €


Comparison of the gross debt per capita with the European Union in Euro



      Portugal       European Union


Budget deficit in Portugal

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.

The budget deficit in Portugal in the period between 1998 and 2016 was from 3.16 billion Euro to 20.10 billion Euro. In 2016 was reached a balance of -3.72 billion Euro.

In ratio to population, this equals a new indebtedness of 361 Euro pro capita in Portugal only in 2016. For comparison, the average debt per capita in the European Union was in the same year at 490 Euro.


Budget deficit of the past 18 years

JahrPortugal totalEuropean Union totalPortugal per capitaEuropean Union per capita
1998-3.60 bn €-153.24 bn €-349 €-300 €
1999-3.16 bn €-82.11 bn €-306 €-161 €
2000-4.16 bn €52.06 bn €-403 €102 €
2001-6.40 bn €-143.52 bn €-620 €-281 €
2002-4.76 bn €-257.29 bn €-461 €-503 €
2003-5.27 bn €-321.17 bn €-511 €-628 €
2004-9.44 bn €-320.91 bn €-914 €-628 €
2005-9.83 bn €-287.69 bn €-952 €-563 €
2006-7.19 bn €-196.78 bn €-697 €-385 €
2007-5.28 bn €-112.22 bn €-511 €-219 €
2008-6.74 bn €-323.26 bn €-652 €-632 €
2009-17.20 bn €-810.85 bn €-1,666 €-1,586 €
2010-20.10 bn €-817.35 bn €-1,947 €-1,598 €
2011-13.01 bn €-597.07 bn €-1,260 €-1,168 €
2012-9.53 bn €-569.45 bn €-923 €-1,114 €
2013-8.25 bn €-445.15 bn €-799 €-871 €
2014-12.40 bn €-416.11 bn €-1,201 €-814 €
2015-7.83 bn €-347.78 bn €-758 €-680 €
2016-3.72 bn €-250.77 bn €-361 €-490 €

(negative numbers = deficit)