LUSA 08/02/2025

Lusa - Business News - Portugal: Government debt down 2.2 p.p. to 98.1% of GDP in Q2

Lisbon, Aug. 1, 2025 (Lusa) - The ratio of public debt to Gross Domestic Product (GDP) stood at 98.1% in the second quarter, up 1.7 percentage points on the previous quarter and down 2.2 points year-on-year.

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

The information in the statistical note on public debt, released on Friday, was added following the release of data from Statistics Portugal (INE) on GDP data.

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

In turn, the value of public debt, from a Maastricht perspective, rose by €2.5 billion to €287bn in June.

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

MPE/ADB // ADB.

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