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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

Public debt falls to 94.9% of GDP and reaches the lowest value since 2009

Image Credit: Notícias ao Minuto

The Bank of Portugal (BdP) released new findings today from the first notification of the Excessive Deficit Procedure, revealing a 2.8 percentage point decrease in the public debt-to-GDP ratio compared to 2023.

The latest figures are also below BdP’s previous forecast, which in February predicted this ratio to be at 97.7% in December of the previous year.

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