National debt ratio in Portugal
The national debt ratio of Portugal indicates the relationship between the Portuguese national debt on the one hand and the Portuguese nominal gross domestic product on the other.
Development in recent years
Portugal's national debt ratio rose between 2008 and 2013 due to the financial crisis . While the national debt of 123.3 billion euros at the end of 2008 corresponded to a national debt ratio of 71.7%, the national debt ratio at the end of 2013, given a debt level of 213.6 billion euros, reached a value of 128.9%.
Forecast development
The International Monetary Fund assumes that Portugal's national debt ratio will decrease to 119.3% by the end of 2019, with a debt level of EUR 237.7 billion. This would mean that Portugal would still fail to meet the Maastricht criterion by a maximum of 60%.
Graphical representation
See also
- List of countries by national debt ratio
- List of European countries by national debt ratio
- Government debt ratio
Individual evidence
- ↑ International Monetary Fund: World Economic Outlook Database, October 2014, General government gross debt (National currency, Percent of GDP)