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Public debt stands at 98.1% of GDP in the 2nd quarter

According to data released today by Banco de Portugal (BdP), the ratio of 98.1% between April and June compares with 100.3% in the same period of 2024 and 96.3% in the previous quarter.

The information in the statistical note on public debt, released today, was added following the dissemination of data from the National Institute of Statistics (INE) regarding GDP figures.

The Portuguese economy grew 1.9% in the second quarter of this year, year-on-year, and 0.6% compared to the previous quarter, according to the flash estimate released on Wednesday by INE.

Meanwhile, the value of public debt, from the Maastricht perspective, increased by 2.5 billion euros, reaching 287 billion euros in June.

This variation reflected an increase in debt securities (+2.1 billion euros), mainly long-term, loans (+0.2 billion euros), and deposit liabilities (+0.1 billion euros), according to BdP.

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