External Debt in Portugal increased to 415928 EUR Million in the second quarter of 2021 from 409272 EUR Million in the first quarter of 2021. source: Banco De Portugal

External Debt in Portugal averaged 300627.59 EUR Million from 1996 until 2021, reaching an all time high of 421132.40 EUR Million in the second quarter of 2010 and a record low of 56392.07 EUR Million in the first quarter of 1996. This page provides - Portugal External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Total Gross External Debt - values, historical data and charts - was last updated on October of 2021.

External Debt in Portugal is expected to be 424200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Total Gross External Debt is projected to trend around 436600.00 EUR Million in 2022 and 445600.00 EUR Million in 2023, according to our econometric models.

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Portugal Total Gross External Debt

Portugal Last Unit Reference Previous Highest Lowest
Current Account 448.80 EUR Million Aug/21 -211.08 1655.06 -2674.13
Current Account to GDP -1.20 percent of GDP Dec/20 0.40 3.10 -14.70
External Debt 415928.00 EUR Million Jun/21 409272.00 421132.40 56392.07
Foreign Direct Investment 1680.48 EUR Million Aug/21 915.50 6288.05 -3307.52
Capital Flows 748.00 EUR Million Aug/21 2227.43 2227.43 -2461.82
Remittances 308.07 EUR Million Aug/21 366.83 515.40 153.66
Tourism Revenues 2014.00 EUR Million Aug/21 1152.38 2982.98 179.59

Portugal Total Gross External Debt
In Portugal, external debt is a part of the total debt that is owed to creditors outside the country.