The ratio of national debt to gross domestic product (GDP) in Portugal was forecast to continuously decrease between 2024 and 2029 by in total 17.8 percentage points. After the ninth consecutive decreasing year, the ratio is estimated to reach 76.88 percent and therefore a new minimum in 2029. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (April 22, 2024). Portugal: National debt from 2019 to 2029 in relation to gross domestic product (GDP) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/270414/national-debt-of-portugal-in-relation-to-gross-domestic-product-gdp/
IMF. "Portugal: National debt from 2019 to 2029 in relation to gross domestic product (GDP)." Chart. April 22, 2024. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/270414/national-debt-of-portugal-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Portugal: National debt from 2019 to 2029 in relation to gross domestic product (GDP). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/270414/national-debt-of-portugal-in-relation-to-gross-domestic-product-gdp/
IMF. "Portugal: National Debt from 2019 to 2029 in Relation to Gross Domestic Product (Gdp)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/270414/national-debt-of-portugal-in-relation-to-gross-domestic-product-gdp/
IMF, Portugal: National debt from 2019 to 2029 in relation to gross domestic product (GDP) Statista, https://www.statista.com/statistics/270414/national-debt-of-portugal-in-relation-to-gross-domestic-product-gdp/ (last visited October 12, 2024)
Portugal: National debt from 2019 to 2029 in relation to gross domestic product (GDP) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/270414/national-debt-of-portugal-in-relation-to-gross-domestic-product-gdp/